I thought you might like a glimpse into how I get ‘budget ready’ for a new month…which, to be as organised as possible, I do about a week prior to the new month starting.
- To start I get a blank piece of paper and write down all the extra expenses that I think will crop up during the new month – sometimes I’ll forget something, or murphy will visit, but in general, because I’m a
control freakplanner, I don’t miss stuff.
- I then also write down a list of all the potential extra income we may receive.
- Under that I record all our essential living expenses which I take from our base budget (which I have a printed copy of)
- Then I record all our fixed income from salaries etc
I also write down any household projects that I want to complete (as these could be an expense), and our approximate mortgage figures (in the big circle) – the mortgage figures are guesstimates as I do this before the payment goes through on the 1st.
And to give you an ideas of what the finished result looks like…
|It’s nothing fancy but it does the trick!|
Let me know how do you prepare for a new month?
Let me know if you have any questions?