Keeping track daily each week means you can really see what you’re spending and earning – and tweak things quickly. If your expenses are less than your income then you’ll be able to save – and you could still look to increase this to have even more savings over time. Either increasing income or decreasing expenses (or both). If your expenses are greater than your income, you’ll need to adjust some things until they’re in balance. Step Three: Compare Your Income & Expenses: Now compare your total income to the total amount of expenses each week. Anything you spend that day – so you get a real feel for exactly what you’re spending – even the little things (they all add up and are all too easily forgotten!). This could include wage, benefits, gifts, or any other incoming money you get. Step One: Calculate Your Income: Start by adding up all the money that comes in each day. You can use it to track day-to-day spending, manage unexpected expenses and make sure you’re always meeting your financial goals. How To Use A Weekly BudgetĬreating a weekly budget is an easy but effective way to manage your money. You could also use coloured paper for a more personalised style (I love using brown paper!). Although 80gsm paper is adequate for most day to day uses, I recommend printing on paper that’s at least 100gsm for the best results, and 120gsm if displaying the printable. Note: This template is available in both A4 and Letter sizes, as a pdf template.
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