Use your income to determine your monthly budget with a monthly budget planner template. This budget template starts by asking you for your total income. Next, list your monthly expenses. You can list your mortgage/rent, gas, car payment, student loans, electricity bill, credit card bill, etc.
It is best to list the fixed amounts first. For example, some electricity company’s offer a budget planning option that allows you to have a fixed rate for a few months. This helps you to create your budget for that bill. If you are not on a plan, you may have to estimate your bill amount if you are planning the budget before the bill is available to you.
This template is very visual. It provides you with a bar that shows you what percentage of your income is used to pay your percentages. There is also a graph to show you the balance after your expenses are paid. The balance can change once you input the actual amount you spend on expenses.
Monthly Budget Planner Template,