{"id":9152,"date":"2016-12-14T13:31:34","date_gmt":"2016-12-14T13:31:34","guid":{"rendered":"https:\/\/www.process.st\/templates\/budget-template\/"},"modified":"2024-02-28T20:50:28","modified_gmt":"2024-02-28T20:50:28","slug":"budget-template","status":"publish","type":"post","link":"https:\/\/www.process.st\/templates\/budget-template\/","title":{"rendered":"Budget Template"},"content":{"rendered":"<section id=\"introduction-to-the-budget-template\">\n<h2> Introduction to the Budget Template: <\/h2>\n<div class=\"image-content\">\n<figure>\n   <a href=\"https:\/\/www.process.st\/templates\/wp-content\/uploads\/2024\/02\/iETXpdepr2rRsHHpg05M_Q.png\" alt=\"Introduction to the Budget Template:\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.process.st\/templates\/wp-content\/uploads\/2024\/02\/iETXpdepr2rRsHHpg05M_Q.png\" \/> <\/a><br \/>\n  <\/figure>\n<\/p><\/div>\n<div class=\"text-content\">\n<p>Managing your budget is a <strong>vital part of having healthy finances<\/strong>. Understanding <a href=\"http:\/\/www.huffingtonpost.com\/bob-lotich\/5-household-budget-templa_b_5696244.html\" target=\"_blank\" rel=\"nofollow noopener\">where you are overspending<\/a> and working to combat that can free up cash to be<strong> spent or saved for more important purposes<\/strong>.<\/p>\n<p>This budget template is designed to help you<strong> identify your monthly targets<\/strong> and to lead into the <a href=\"https:\/\/www.process.st\/templates\/daily-budget-template\" target=\"_blank\" rel=\"nofollow noopener\">daily budget template<\/a> which helps you <strong>stick to your targets<\/strong> day by day.<\/p>\n<p>This video below shows <strong>a typical use case for budgeting<\/strong>. This is someone who has decided they need to budget and have been <strong>testing out different processes<\/strong> to keep track of it.&nbsp;<\/p>\n<p>Were this video from 2016 rather than 2012, she could be using <a href=\"https:\/\/www.process.st\" target=\"_blank\" rel=\"nofollow noopener\">Process Street<\/a> to manage her household instead.&nbsp;<\/p>\n<\/p><\/div>\n<div class=\"video-content\">\n<div class=\"iframe-container\">\n   <iframe src=\"https:\/\/www.youtube.com\/embed\/6gEtlIXyBA8?modestbranding=1&amp;showinfo=0\" frameborder=\"0\" allowfullscreen=\"true\"> <\/iframe>\n  <\/div>\n<div class=\"description\">\n    Household Budgets - OrganizedLifeTV\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"decide-on-your-goal\">\n<h2> Decide on your goal <\/h2>\n<div class=\"text-content\">\n<p>An important part of making a budget is <strong>knowing why you're making it<\/strong>. This allows you to determine your target, which will inform how you structure your budget and <strong>how much you tighten your belt.<\/strong>&nbsp;<\/p>\n<p>Think about why you are budgeting and <strong>determine a target amount<\/strong>. Also <strong>determine the time period<\/strong>, if applicable, over which you need to free up the funds required.&nbsp;<\/p>\n<p><strong>Use the form fields below<\/strong> to record these targets.<\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> How much do you want to save? <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> What is your timeframe? <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<div class=\"text-content\">\n<p>Are you budgeting to survive? Maybe you're <strong>struggling to make certain payments<\/strong> or find that you keep running short at the end of the month.<\/p>\n<p>Are you budgeting to make a special purchase? Perhaps <strong>you want to buy a car or a new television<\/strong> - a large purchase which you couldn't normally afford. This gives you a <strong>clear target for how much you need to save.<\/strong><\/p>\n<p>Are you budgeting<strong> to create space to begin saving<\/strong>? You could be looking to make a large purchase, such as a house. Or you could be<strong> planning for retirement<\/strong> or <strong>sending your children to college<\/strong>. This gives you a broader target where you can determine either the target amount you want to spend&nbsp;or can determine the quality of life you want to have and to save any extra.<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"evaluate-how-much-money-you-have\">\n<h2> Evaluate how much money you have <\/h2>\n<div class=\"text-content\">\n<p>Firstly, <a href=\"http:\/\/www.moneycrashers.com\/how-to-make-a-budget\/\" target=\"_blank\" rel=\"nofollow noopener\">determine how much capital you currently possess<\/a>. Maybe you have multiple accounts or valuable investments?<\/p>\n<p><strong>Use the subchecklist below<\/strong> to check you have identified different sources of existing capital.<\/p>\n<\/p><\/div>\n<div class=\"multi-select-content form-field-content\">\n<ul class=\"items\">\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       1\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Current account\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       2\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Other checking accounts\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       3\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Saving accounts\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       4\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Investment accounts\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       5\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Stock portfolio\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       6\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Property portfolio\n    <\/div>\n<\/li>\n<\/ul><\/div>\n<div class=\"text-content\">\n<p>It's useful to know <strong>what the interest rates for these are<\/strong>, plus any expenses which may be associated with them.&nbsp;<\/p>\n<p>You can also use this knowledge <a href=\"http:\/\/www.moneycrashers.com\/paying-off-debt-will-increase-your-net-worth\/\" target=\"_blank\" rel=\"nofollow noopener\">to calculate your net worth<\/a>.<\/p>\n<p><strong>Use the form field below<\/strong> to record your total capital.<\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Total capital <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"identify-your-sources-of-income\">\n<h2> Identify your sources of income <\/h2>\n<div class=\"text-content\">\n<p>If you are a salaried employee with one income stream this should be fairly easy.&nbsp;<\/p>\n<p>However, it can become <strong>more difficult if you have variable hours or temporary contracts<\/strong>. It can also be <strong>more complicated if you are a business owner<\/strong>.<\/p>\n<p><strong>Record in the form field below<\/strong> the different sources of income you have.<\/p>\n<\/p><\/div>\n<div class=\"textarea-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Different sources of income <\/label><br \/>\n   <textarea placeholder=\"Something will be typed here...\" rows=\"3\" disabled=\"disabled\" class=\"form-control\"><\/textarea>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"calculate-your-monthly-income\">\n<h2> Calculate your monthly income <\/h2>\n<div class=\"text-content\">\n<p>Work out <strong>how much money you receive from each of those sources<\/strong> and try to quantify your monthly income.&nbsp;<\/p>\n<p>This can be difficult if your income differs substantially on a monthly basis. For temporary work or variable hours you can <strong>take the previous 6-12 months and average the monthly income<\/strong>.&nbsp;<\/p>\n<p>However, if you know you have this discrepancy in your monthly income you should <strong>factor that gap into your budget as a buffer<\/strong> to make sure you don't go over during dry months.<\/p>\n<p><strong>Record your total monthly income below.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Total monthly income <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"quantify-your-total-debt\">\n<h2> Quantify your total debt <\/h2>\n<div class=\"text-content\">\n<p><strong>Identify and review all your sources of debt<\/strong>. Include the expected accrued interest payments, if applicable.<\/p>\n<p>Understanding this figure will help you to determine how to keep up payments and possibly <strong>how to reduce that debt by paying it off faster<\/strong>.<\/p>\n<p><strong>Record your total debt below.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Total debt <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"work-out-how-much-debt-you-pay-off-monthly\">\n<h2> Work out how much debt you pay off monthly <\/h2>\n<div class=\"text-content\">\n<p><strong>Review your previous debt payments<\/strong> to understand how much debt you are currently paying off on a monthly basis.&nbsp;<\/p>\n<p>This helps you<strong> understand your outgoings and allows you to manage your debt<\/strong> more effectively.&nbsp;<\/p>\n<p><strong>Use the form field<\/strong> to record this information.<\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> How much debt to you pay off monthly? <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"determine-your-net-worth\">\n<h2> Determine your net worth <\/h2>\n<div class=\"text-content\">\n<p>The simple formula for calculating your net worth is to&nbsp;<a href=\"http:\/\/www.moneycrashers.com\/paying-off-debt-will-increase-your-net-worth\/\" rel=\"nofollow noopener\" target=\"_blank\">subtract your liabilities from your assets<\/a>.&nbsp;<\/p>\n<p>You can do a <a href=\"http:\/\/www.thesimpledollar.com\/how-to-calculate-your-net-worth\/\" rel=\"nofollow noopener\" target=\"_blank\">more complicated calculation<\/a> by valuing other belongings and items which may hold asset value. However, for the purposes of this budget, we can simply<strong> subtract total debt from total capital<\/strong> to give us a guideline figure.&nbsp;<\/p>\n<p><strong>Record your net worth below.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Net worth <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<div class=\"text-content\">\n<p><strong>Don't fret if your net worth is lower than you hoped<\/strong>, or even in the negative. This doesn't necessarily mean you are in a bad financial situation.&nbsp;<\/p>\n<p>A <strong>well-structured budget along with a debt management plan<\/strong> can help secure a prosperous future for you and your family regardless of net worth.&nbsp;<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"identify-your-monthly-payments\">\n<h2> Identify your monthly payments <\/h2>\n<div class=\"text-content\">\n<p>In this section, we can look at payments which don't count as debt but are<strong> recurring outgoings.<\/strong>&nbsp;<\/p>\n<p><strong>Tick off the items on the subchecklist<\/strong> to determine whether you've checked the value of each one. Record this information in an itemized manner.&nbsp;<\/p>\n<\/p><\/div>\n<div class=\"multi-select-content form-field-content\">\n<ul class=\"items\">\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       1\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Rent\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       2\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Insurance\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       3\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Vehicle costs\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       4\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Bills and utilities\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       5\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Entertainment costs - cable television, netflix, magazine subscriptions.\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       6\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Phone bills\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       7\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Child care\n    <\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       8\n     <\/div>\n<\/p><\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/p><\/div>\n<div class=\"item-name-static\">\n      Education\n    <\/div>\n<\/li>\n<\/ul><\/div>\n<div class=\"text-content\">\n<p><strong>Record the total value of this below<\/strong>.<\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Total monthly payments <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"calculate-your-average-monthly-spend\">\n<h2> Calculate your average monthly spend <\/h2>\n<div class=\"text-content\">\n<p>In this section, record the <strong>average monthly spend on day to day living<\/strong>.&nbsp;<\/p>\n<p>Include weekly shops, entertainment and socialising, public transport, shopping for clothes and other consumer items.&nbsp;<\/p>\n<p><strong>Record the total below.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Average monthly spend <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"enter-into-a-database-or-personal-accounting-software\">\n<h2> Enter into a database or personal accounting software <\/h2>\n<div class=\"text-content\">\n<p>You can use a <strong>simple excel database<\/strong> to record this budget information - <a href=\"https:\/\/templates.office.com\/en-us\/Personal-budget-TM10000134\" target=\"_blank\" rel=\"nofollow noopener\">there are lots of templates online to help you structure your sheet<\/a>. Or you can use <strong>accounting software<\/strong> like <a href=\"https:\/\/quickbooks.intuit.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Quickbooks<\/a>, <a href=\"https:\/\/www.mint.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Mint<\/a>, <a href=\"http:\/\/www.advisoryhq.com\/articles\/best-personal-finance-software-tools-online-financial-apps\/\" target=\"_blank\" rel=\"nofollow noopener\">or others<\/a>, depending on your particular needs.<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"review-the-bottom-line\">\n<h2> Review the bottom line <\/h2>\n<div class=\"text-content\">\n<p>You need to know how you are currently performing financially. This figure, which should be your <strong>total income less total outgoings<\/strong>, tells you your current financial health.&nbsp;<\/p>\n<p><strong>Measure this figure against the target you set at the beginning of the process<\/strong> to work out how much you are going to have to cut back in order to reach your goals.<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"adjust-outgoings-to-improve-your-financial-outlook\">\n<h2> Adjust outgoings to improve your financial outlook <\/h2>\n<div class=\"text-content\">\n<p>For an initial task, <strong>make a copy of your budget<\/strong> in your spreadsheet and go through your list of outgoings to<strong> take out all non-essential spending<\/strong>.&nbsp;<\/p>\n<p>Then see what happens to your bottom line. Does this take you <strong>over your target or are you still under<\/strong>? This informs you of how strict or lenient you can make your budget. &nbsp;<\/p>\n<p><strong>Record your variance below.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\">\n   <label> Monthly net income <\/label><br \/>\n   <input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"disabled\" class=\"form-control\" \/>\n  <\/div>\n<\/p><\/div>\n<\/section>\n<section id=\"create-three-variations\">\n<h2> Create three variations <\/h2>\n<div class=\"text-content\">\n<p>Create a <strong>series of different spending scenarios.&nbsp;<\/strong><\/p>\n<p>This allows you to create different priorities for what you're going to reduce. Plus, this helps you focus on creating realistic projections. One<strong> common difficulty of budgeting is getting carried away in the planning stage<\/strong> with how little you can live on.&nbsp;<\/p>\n<p>By creating different scenarios, you can hit your target while also making sure you're not limiting your lifestyle unrealistically.&nbsp;<\/p>\n<p>Creating a<strong> reasonable and realistic budget<\/strong> is the first step to sticking to your budget.<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"work-out-how-the-money-made-available-helps-your-goal\">\n<h2> Work out how the money made available helps your goal <\/h2>\n<div class=\"text-content\">\n<p>If you are looking <strong>to save a particular amount<\/strong>, you can work out how much you can save and for how long. Simple.<\/p>\n<p>If you are trying to <strong>use your budget to help manage debt<\/strong>, you can review how much money you can save per month and then measure that against your existing debt repayments. This may mean <strong>you can pay off more each month and reduce your total accumulated interest.<\/strong>&nbsp;<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"break-the-budget-down-into-days\">\n<h2> Break the budget down into days <\/h2>\n<div class=\"text-content\">\n<p>If you<strong> break your budget down into individual days<\/strong>, or a rough target for days, then you can measure how you're adhering to your budget as you go.&nbsp;<\/p>\n<p>You could <strong>set a daily limit on spending<\/strong>. Or you could budget for x amount for luxury goods per month and create daily limits separate from that.&nbsp;<\/p>\n<p>If you're really committed, you can <strong>plan out each week's food and activities in advance<\/strong> and allocate your spending accordingly.&nbsp;<\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"launch-the-daily-checklist\">\n<h2> Launch the daily checklist <\/h2>\n<div class=\"text-content\">\n<p>To help you stick to these targets, <strong>we've made a daily budget template which you run every day<\/strong>.<\/p>\n<p>This template allows you to <strong>very simply measure your daily totals and variance&nbsp;<\/strong>while providing sections for notes so you can know how and why you spent over or under.&nbsp;<\/p>\n<p><a href=\"https:\/\/www.process.st\/templates\/daily-budget-checklist\" target=\"_blank\" rel=\"nofollow noopener\">Click this run link to launch the daily schedule checklist.<\/a><\/p>\n<\/p><\/div>\n<\/section>\n<section id=\"sources\">\n<h2> Sources: <\/h2>\n<div class=\"text-content\">\n<ul>\n<li><a href=\"https:\/\/templates.office.com\/en-us\/Personal-budget-TM10000134\" rel=\"nofollow\">https:\/\/templates.office.com\/en-us\/Personal-budget-TM10000134<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/www.huffingtonpost.com\/bob-lotich\/5-household-budget-templa_b_5696244.html\" rel=\"nofollow\">http:\/\/www.huffingtonpost.com\/bob-lotich\/5-household-budget-templa_b_5696244.html<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/www.moneycrashers.com\/how-to-make-a-budget\/\" rel=\"nofollow\">http:\/\/www.moneycrashers.com\/how-to-make-a-budget\/<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/money.usnews.com\/money\/personal-finance\/articles\/2013\/10\/18\/8-steps-to-creating-a-personal-budget\" rel=\"nofollow\">http:\/\/money.usnews.com\/money\/personal-finance\/articles\/2013\/10\/18\/8-steps-to-creating-a-personal-budget<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/wealthpilgrim.com\/budgeting-process\/\" rel=\"nofollow\">http:\/\/wealthpilgrim.com\/budgeting-process\/<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/personalfinance.duke.edu\/manage-your-finances\/budget\/overview\" rel=\"nofollow\">http:\/\/personalfinance.duke.edu\/manage-your-finances\/budget\/overview<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/www.home-budget-help.com\/budgeting-process.html\" rel=\"nofollow\">http:\/\/www.home-budget-help.com\/budgeting-process.html<\/a>&nbsp;<\/li>\n<li><a href=\"http:\/\/www.mymoneycoach.ca\/money-management\/budgeting-plan-for-future\" rel=\"nofollow\">http:\/\/www.mymoneycoach.ca\/money-management\/budgeting-plan-for-future<\/a>&nbsp;<\/li>\n<\/ul><\/div>\n<\/section>\n<section id=\"related-checklists\">\n<h2> Related Checklists: <\/h2>\n<div class=\"text-content\">\n<ul>\n<li><a href=\"https:\/\/www.process.st\/templates\/end-of-tenancy-cleaning-service-guide\/\" rel=\"nofollow noopener\" target=\"_blank\">End of Tenancy Cleaning Service Guide<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/house-cleaning-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">House Cleaning Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/pre-listing-house-cleaning-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Pre-Listing House Cleaning Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/budget-template\/\" rel=\"nofollow noopener\" target=\"_blank\">Budget Template<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/daily-budget-template\/\" rel=\"nofollow noopener\" target=\"_blank\">Daily Budget Template<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/daily-schedule-template\/\" rel=\"nofollow noopener\" target=\"_blank\">Daily Schedule Template<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/daily-routine-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Daily Routine Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/weekly-meal-planner\" rel=\"nofollow noopener\" target=\"_blank\">Weekly Meal Planner<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/fitness-planner\" rel=\"nofollow noopener\" target=\"_blank\">Fitness Planner<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/airbnb-hosting-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Airbnb Hosting Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/camping-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Camping Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/hunting-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Hunting Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/backpacking-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Backpacking Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/used-car-buying-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Used Car Buying Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/wedding-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">Wedding Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/how-to-start-a-corporation-checklist\/\" rel=\"nofollow noopener\" target=\"_blank\">How to Start a Corporation Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/house-hunting-checklist\" rel=\"nofollow noopener\" target=\"_blank\">House Hunting Checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/home-buying-process\/\" rel=\"nofollow noopener\" target=\"_blank\">Home Buying Process<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/moving-checklist-3\/\" rel=\"nofollow noopener\" target=\"_blank\">Moving Checklist<\/a><\/li>\n<\/ul><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Introduction to the Budget Template: Managing your budget is a vital part of having healthy finances. Understanding where you are overspending and working to combat that can free up cash to be spent or saved for more important purposes. This budget template is designed to help you identify your monthly targets and to lead into [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"cover_icon_emoji":"","cover_icon_url":"","tasks_count":"19","template_description":"Use this budget template to create a monthly budget suited to your goals.","template_id":"oOyqv5-EydMUX0IWb9tB4g","task_0":"Introduction to the Budget Template:","task_slug_0":"introduction-to-the-budget-template","task_1":"Decide on your goal","task_slug_1":"decide-on-your-goal","task_2":"Evaluate how much money you have","task_slug_2":"evaluate-how-much-money-you-have","task_3":"Identify your sources of income","task_slug_3":"identify-your-sources-of-income","task_4":"Calculate your monthly income","task_slug_4":"calculate-your-monthly-income","task_5":"Quantify your total debt","task_slug_5":"quantify-your-total-debt","task_6":"Work out how much debt you pay off monthly","task_slug_6":"work-out-how-much-debt-you-pay-off-monthly","task_7":"Determine your net worth","task_slug_7":"determine-your-net-worth","task_8":"Identify your monthly payments","task_slug_8":"identify-your-monthly-payments","task_9":"Calculate your average monthly spend","task_slug_9":"calculate-your-average-monthly-spend","task_10":"Enter into a database or personal accounting software","task_slug_10":"enter-into-a-database-or-personal-accounting-software","task_11":"Review the bottom line","task_slug_11":"review-the-bottom-line","task_12":"Adjust outgoings to improve your financial outlook","task_slug_12":"adjust-outgoings-to-improve-your-financial-outlook","task_13":"Create three variations","task_slug_13":"create-three-variations","task_14":"Work out how the money made available helps your goal","task_slug_14":"work-out-how-the-money-made-available-helps-your-goal","task_15":"Break the budget down into days","task_slug_15":"break-the-budget-down-into-days","task_16":"Launch the daily checklist","task_slug_16":"launch-the-daily-checklist","task_17":"Sources:","task_slug_17":"sources","task_18":"Related Checklists:","task_slug_18":"related-checklists","task_19":"","task_slug_19":"","task_20":"","task_slug_20":"","task_21":"","task_slug_21":"","task_22":"","task_slug_22":"","task_23":"","task_slug_23":"","task_24":"","task_slug_24":"","task_25":"","task_slug_25":"","task_26":"","task_slug_26":"","task_27":"","task_slug_27":"","task_28":"","task_slug_28":"","task_29":"","task_slug_29":"","task_30":"","task_slug_30":"","task_31":"","task_slug_31":"","task_32":"","task_slug_32":"","task_33":"","task_slug_33":"","task_34":"","task_slug_34":"","task_35":"","task_slug_35":"","task_36":"","task_slug_36":"","task_37":"","task_slug_37":"","task_38":"","task_slug_38":"","task_39":"","task_slug_39":"","task_40":"","task_slug_40":"","task_41":"","task_slug_41":"","task_42":"","task_slug_42":"","task_43":"","task_slug_43":"","task_44":"","task_slug_44":"","task_45":"","task_slug_45":"","task_46":"","task_slug_46":"","task_47":"","task_slug_47":"","task_48":"","task_slug_48":"","task_49":"","task_slug_49":"","task_50":"","task_slug_50":"","task_51":"","task_slug_51":"","task_52":"","task_slug_52":"","task_53":"","task_slug_53":"","task_54":"","task_slug_54":"","task_55":"","task_slug_55":"","task_56":"","task_slug_56":"","task_57":"","task_slug_57":"","task_58":"","task_slug_58":"","task_59":"","task_slug_59":"","task_60":"","task_slug_60":"","task_61":"","task_slug_61":"","task_62":"","task_slug_62":"","task_63":"","task_slug_63":"","task_64":"","task_slug_64":"","task_65":"","task_slug_65":"","task_66":"","task_slug_66":"","task_67":"","task_slug_67":"","task_68":"","task_slug_68":"","task_69":"","task_slug_69":"","task_70":"","task_slug_70":"","task_71":"","task_slug_71":"","task_72":"","task_slug_72":"","task_73":"","task_slug_73":"","task_74":"","task_slug_74":"","task_75":"","task_slug_75":"","task_76":"","task_slug_76":"","task_77":"","task_slug_77":"","task_78":"","task_slug_78":"","task_79":"","task_slug_79":"","task_80":"","task_slug_80":"","task_81":"","task_slug_81":"","task_82":"","task_slug_82":"","task_83":"","task_slug_83":"","task_84":"","task_slug_84":"","task_85":"","task_slug_85":"","task_86":"","task_slug_86":"","task_87":"","task_slug_87":"","task_88":"","task_slug_88":"","task_89":"","task_slug_89":"","task_90":"","task_slug_90":"","task_91":"","task_slug_91":"","task_92":"","task_slug_92":"","task_93":"","task_slug_93":"","task_94":"","task_slug_94":"","task_95":"","task_slug_95":"","task_96":"","task_slug_96":"","task_97":"","task_slug_97":"","task_98":"","task_slug_98":"","task_99":"","task_slug_99":"","footnotes":""},"categories":[7,17,1],"tags":[],"class_list":["post-9152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miscellaneous","category-personal","category-uncategorized"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts\/9152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/comments?post=9152"}],"version-history":[{"count":0,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts\/9152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/media\/9153"}],"wp:attachment":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/media?parent=9152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/categories?post=9152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/tags?post=9152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}