Gas prices are rising, food prices are rising, and healthcare costs are rising, just to name a few. It seems the only thing that isn’t rising is income. Having a budget is essential when money is tight. Below are examples of the percentage budget for three different income levels.
Using the list below as a template, enter the actual amounts that you are spending and then calculate the percentage (Expense Amount divided by Monthly Income).
Now that you have your amounts and percentages, use these to compare to your budget and see what adjustments need to be made to keep your total percentage at 100%. Click here for the Excel template.
Luke 14 – 28 For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it— (NKJV)Have a Victorious Day! Marianne