You’ve thought about creating a budget but it just sounds too complicated.
You’ve tried cutting up your credit card.
You know that ignoring your bank balance isn’t going to work.
These are the vital pieces that are needed each month. Inlcudes a Monthly Budget, Bill Tracker, Spend Tracker and Month Calendar.
The Spend Trackers show your spending habits over periods of time.
Keep your Bank, Insurance & Utility details close at hand. Also compare spending across categories through the months so you’re not caught out with additional renewals or annual fees.
No, this is an immediate download pdf so you can get started right away! Print out at home & get going! You only need to print out the pages you need as you’re going along your budget journey. I suggest filing them in a ring binder with the current month at the front. That way you have all your older months there for you to compare.
Fill out the Calendar page first with your income & bills. This will show you how many times you get paid in the month. Then go back to the Monthly Budget sheet & fill in your total income.
Add up your estimated income. Maybe look back on past months & put in the average in pencil. Complete out the rest of the Monthly Budget (Expenses, Savings, etc) and come back to this sheet to update it as soon as anything changes or your income comes in.
No. I personally don’t use envelopes for variable expenses. I only use them to put money aside for savings, like Christmas. These are called Sinking Funds. For variable expenses like Food or Petrol I figure out the weekly amount needed & transfer it into my current account each week.
No. By purchasing the Budget Workbook you may download & use the workbook for your own personal use. You may not share with anyone else. The copyright remains with Joan Shannon.
The #1 topic most couples fight about is money. It is one of the worst causes of stress.
But by confronting it & making a budget, you CAN start your journey to financial freedom.
Theres only one way to keep track of your money. Budget it out with constant focus. Each month is slightly different. Its a discipline but it has the highest reward by giving you peace of mind. It feels so much better being able to relax & know your bills are paid rather than holding your breath with anxiety wondering if theres enough in the account to cover the cost.
I know the feeling, in fact it wasn’t long ago that I was struggling to raise 2 young kids as a Widow while juggling a corporate career. It became too much for me and I made the decision to stay home with them.
I cut costs. I didn’t buy new clothes. The kids only got the absolute necessities.
But the debt slowly crept in.
I felt like I had a noose around my neck. How was I going to turn this around?
Honestly, I needed things to change. I knew I needed to create a budget & stick to it.
So I started. I checked my bank balance regularly & I started keeping track of my daily spending. It got easier the more I tracked my spending.
I set a weekly limit for variable expenses like food & petrol … and I stuck to it.
And finally, I started seeing a change. I’m not in the clear yet, but I’ve turned it around and I’m heading in the right direction ; )
I’m here to tell you, if I can do it on minimum income, so can you! I want to help you on your debt free journey too!