Creating a budget and learning how to take care of your money is a skill you must learn, use these simple printables to make budgeting easy and fun!
Making a budget might seem scary, or a pain that you don’t want to tackle, but in reality, it will allow you to take control of your money and start making it work hard for you!
Budgeting your money is the only way you will reach your monetary goals, it gives you focus and a better understanding of where your money needs to go each month!
Beginner’s Guide To Budgeting
You might think budgeting is hard, or that it’s too complicated to understand! In fact, I think that is a myth, budgeting itself is easy, the hard part is sticking to the budget!
In simple terms, a budget is looking at the money coming in and assigning it a task or job! This is like assigning money for your groceries or how much you are spending on clothes this month!
It is as simple as that!
But to know how much money you have to go into the different areas, you have to work out the money coming in and the bills going out that you need to pay!
It’s this bit that is the actual budget!
How you plan and write your budget is a personal choice, some people love computer programs that tell them exactly what and how to do it, but often there is a steep learning curve with these programs.
Other people love spreadsheets, it gives them control in one place and is often set up to perform certain tasks automatically.
For me, I love paper-based budgets, I can see more clearly what I’m doing, and it works very well!
It is great for beginners as well for the more advanced level of budgeting!
Budgeting Work Sheets
I use printables to set my budget and to work out all the different areas that I need to plan for!
I have even provided a basic description and use for each worksheet to reduce the possibility of confusion!
I use these to work out my budget and to help me ensure that I don’t miss a bill that I need to save up for!
It allows me to quickly see where I am with my budget at any point and it will give me an accurate overview of the state of my accounts.
I know this because I check my accounts with my bank daily, this ensures that I have control of my money and know exactly what I have available at any given point!
I like to keep all the information together, all I do is put it in a folder! It means I have all the information I need at any time!
I don’t need to sit in front of a computer screen either, it’s like taking a break from electronics but still being productive at the same time!
Keep Track Of Your Money
It’s so important to understand the basics of budgeting, it allows you to keep track of where your money is going and what you are spending it on!
If you don’t know where your money is going and at the end of the month you don’t have any money left, it means you are spending more than you have.
This will result in a bad credit score as well as debt, neither of which is something you want!
It will affect many things in life, your phone contract, your ability to have a place of your own!
By working with your money, it will make achieving your dreams easier and you will have more money if you can cut back on any debt that you have.
Creating a budget will give you the control back and avoid going into debt to pay for day to day living!
How To Create A Budget
If you are looking for a deeper understanding on the complexities of how to actually create a budget It’s Easy To Make A Budget is a great place to start!
The process is simple, you need to know how much money you have coming in each month and how much money you need to pay the bills!
Using these printables, it will help you set up a basic budget from where you are now and each month with practice you will move forward in your skill and understanding of how to improve your budgeting approach!
You will learn what works for you and what doesn’t, you will find the areas that you need to address, and you will have a better understanding of how your financial future will look and the changes you need to make!
Looking At Your Money
Money is difficult, it is one of those areas that needs constant care, but is also a little scary!
You can go from being OK to total disaster in no-time at all!
There are always setbacks, there are always things that come at the wrong time of the year! But being prepared for these will help you face those difficult times with confidence and understanding of what you need to do and when!
It’s about where you are now, forgive yourself for your past mistakes, and take the steps you need to move forward with your budgeting!
Put together a plan of how to pay off your debt and move towards debt-free living is possible. You will have to make a few hard choices along the way, but you’ve got this!
Budgeting is important, it’s one area that you will need to work on every single month! With time you will learn your weaknesses and your strengths, your budget will develop with the knowledge that you learn!