March ~Week 1: Juices: frozen and bottled or canned

STEP TWO:
CREATE A MONTHLY OR WEEKLY BUDGET:
Use the following budget worksheet to help create a monthly or weekly budget. Once you have an estimate of how much you earn or spend in each of the categories listed (or create your own budget categories), try to create a monthly budget using the worksheets. Then during the month, track the items and see where you come in over or under budget.

This worksheet includes two sections: one for income and one for expenses. Income includes wages and interest income. Expenses include taxes, rent or mortgage, utilities, groceries, clothing, entertainment, transportation, savings, donations, and other miscellaneous expenses.

Either use the worksheet with categories listed, or choose a worksheet for you to fill in your own categories. You will need to be able to categorize each source of income and expense into one of the categories. Then, estimate projected expenses for the month from your actual expenses. If you used the tracking worksheet above, you will have an idea of how much these items will be in a given month. If an item only occurs annually, then divide the amount by twelve and include it on your monthly worksheet.

Budget

Category: ~Budget ~Amount~Actual Amount~Difference
INCOME:
Wages/Income
Interest Income
INCOME SUBTOTAL
EXPENSES:
Taxes
Rent/Mortgage
Utilities
Groceries/Food
Clothing
Shopping
Entertainment
Transportation
Long-Term Savings
Emergency Savings
Donations
Miscellaneous/Other
EXPENSES SUBTOTAL
NET INCOME (Income - Expenses)