Budget Building
Download this template from Powercat Financial: Spending Plan Rev. 2019.xls. Use this template to create a budget for yourself for next month.
1. Estimate what you believe your income and expenses are for a monthly period. Identify whether the expense is a need or a want.
2. Record your actual income and expenses as determined from your financial records for a monthly period again identifying them as needs or wants.
3. Determine any adjustments that need to be made and to create the spending plan for next month.
Create a budget for yourself for next month. Record your actual income and expenses as determined from your financial records for a monthly period again identifying them as needs or wants.