Things You'll Need:
- Computer
- Budget Software or Spreadsheet Program
- Paper
- Printer
- monthly bill records
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Step 1
First download a worksheet template online or create one using a spreadsheet program like excel to budget your monthly bills.
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Step 2
Next decide on a schedule for your budget worksheet template depending on how you pay your bills monthly.
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Step 3
You may want to set up your budget worksheet to pay your bills according to their due date or lump them together once or twice a month depending on your pay schedules.
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Step 4
Next list all your monthly earnings on your budget worksheet template including salary, commissions, bonuses, real estate or investment income, and any family business earnings.
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Step 5
Then type in any monthly bills on your budget worksheet according to due date and priority.
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Step 6
Start with must pay bills to budget first and list them on your template monthly by due date.
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Step 7
Then list needs such as groceries, utilities, supplies, fuel, etc. and fit them into your monthly worksheet according to your balance dues and pay periods.
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Step 8
Then make two column headings at the top of your worksheet template listed Projected monthly bills and Actual Monthly bills.
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Step 9
Enter your monthly bills in your Projected budget column first and subtract from your income to get your balance.
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Step 10
Lastly make budget adjustments to your worksheet template where necessary before entering your true monthly bills into your Actual column.
Comments
newstime1999 said
on 11/12/2009 This comes in handy. Thanks for the advice.