![]() ![]() Some months you may not spend any money on maintenance for your car but you want to put in some amount that you think is appropriate.Ĥ. As for maintenance, I’m sure you’re not getting your oil changed or tires rotated every single month. I always pay for gas with my debit card so when my monthly statement comes in the mail, I add up how much I spent that month on gas, but for this you’ll want to either estimate or average off how much you spend. Your car payments and insurance should be around the same price every month but your gas and maintenance may vary. For example: Car payment, insurance, gas, and maintenance. Here you will want to list all expenses that have to do with your automobile. ![]() For example if you pay $850 a month in rent, multiply that $850 by 12 to get $10,200 for your annual expense.ģ. Once you’re done filing that in, go row by row and multiply those bills individually by 12. Once you list all of the household expenses you want to put the exact amount that you pay each month under the ‘Monthly’ column. You will substitute that for a mortgage payment. If you own a home you obviously won’t put rent. If you look at the sample there are expenses such as: rent, cable, cell phone, electric, and food. You want to make a list of every single bill that you have during the month. Add both of your monthly incomes together and put the total and add both of your annual incomes and put that at the bottom of the ‘Income’ section.Ģ. If you have a partner on this spreadsheet, do the same for them. Once you’ve done that, take that number and multiply it by 26 (if you get paid every two weeks) or by 24 (if you only get paid on the 15th and 30th of each month) in order to get your annual income. Then take your monthly income and divide it by 2 in order to get your bi-weekly income. If you don’t have a roommate or spouse and this spreadsheet is just for you, then just add the total at the bottom. Then you want to add your income and the income of your spouse or roommate. If you don’t receive a fixed monthly or weekly income then just estimate or average it out according to your previous paystubs. You want to start out with your monthly income and the income of your spouse, partner, or maybe even a roommate. Don’t expect to only spend $20 for entertainment a month if you know that you go out to eat twice a week.ġ. It’s easy, just be realistic about how much you plan to spend in certain sections like: food, entertainment, savings, etc. It’s even great if you’re not just starting out and you’re just looking to cut down in some places and save more money! I’m going to break it down for you so that it’s a little easier for you to make your own. This spreadsheet is GREAT if you’re just starting out and you’re not sure what you can afford or not. Isn’t it beautiful?! This is a sample of a budget sheet I had prepared for someone and I rounded the numbers a little just to make things a little easier. ![]() I know, I know, the word “spreadsheet” often sends chills up my spine and I break out in a cold sweat, but I promise, this is soooo simple! And if you follow any suggestions from any of my posts, it should be this one. ![]()
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