#Paycheck to paycheck budget workbook how to

Keep reading for how to determine how much to plan in each category. Estimate Your Expenses. Now that you have categories, list out the amount you expect to spend in each category in the “budgeted” column. Take Home Pay: 4000: 2000 twice per month. Here’s an Example of Twice Monthly Paycheck Budgeting. See below for common budget categories.ģ. With paycheck budgeting, you’ll take it one step further and break it down into saving a certain amount in that sinking fund every paycheck.

Include categories for all bills, spending, debt payments, and savings. Vague categories make your spending harder to track. Create Categories. Moving down to the expenses section, write down all the categories you typically spend money in. List each paycheck out separately in the sections provided.Ģ. Write in Your Income. Using your Budget Spreadsheet, write down your expected income under the “income” section.

On your digital budgeting spreadsheet, for each paycheck, fill out the following:ġ. It is so much easier to keep track of your dollars when you think of it this way! You are basically going to budget by paycheck, or do paycheck budgeting.įollow these steps for each paycheck. This is a proper, all-in-one budget planner that covers every base, from daily and weekly budget tracking, to larger sections for tackling debt, savings, and even seasonal (e.g. Boxclever Press Budget Planner We love this budget planner book from Boxclever. This is the best way to budget because you will be determining what the dollars from each paycheck are actually and literally going to be paying for. 10 Best Budget Planner Books To Organize Your Finances: 1.

Paycheck to paycheck budget workbook