household monthly budget percentage budget wheel

HOUSEHOLD MONTHLY BUDGET PERCENTAGE BUDGET WHEEL DOWNLOAD

Start by going over last month’s statements and recording your bills by budget category: mortgage/rent, groceries, cell phone bill, etc. Next, write down a list of your expenses. Maintaining a budget can help you make sure that your income exceeds your expenses and allows room for retirement savings. This includes your take-home pay (your paycheck after taxes and other deductions) and any other sources of income. The first step is to figure out how much money you’re bringing in every month.

HOUSEHOLD MONTHLY BUDGET PERCENTAGE BUDGET WHEEL DOWNLOAD

Read on to learn about the five steps to a successful budget and download our printable worksheet (PDF file) below to start budgeting the Team Clark way! 1. To help you get started, remember that budgeting is as simple as C-L-A-R-K: After the initial setup, it’s really easy and doesn’t take much time. Making a monthly budget for the first time may seem overwhelming, but it doesn’t have to be complicated. This is about giving you power back into your life.” The CLARK Method: 5 Steps to Better Budgeting “Tracking what you’re spending and then seeing where you can make changes in your life is powerful. But the whole idea of budgeting is freeing because you’re getting your life under control, creating more choices and reducing anxiety,” money expert Clark Howard says. “A lot of people look at being told to do a budget as if their life is being restricted. The CLARK Method and our free budget worksheet will put YOU in control of your money: We developed a 5-step plan to help you create a personal budget and stick to it over the long haul. The secret to saving more and spending less every month isn’t a secret at all - it’s a budget.

Household monthly budget percentage budget wheel