By Eve Burke at April 19 2019 21:02:03
Once you put your numbers in, how do you compare to the national average or some other standard guideline? The budgeting worksheet should give you some idea of how you compare in each of the above categories. Then you can make some decisions if you're over or under spending in some areas. The beauty of using worksheets is not only to see where your money is going but to see how you compare to a standard guideline.
Budgeting Worksheet Tip #4: How to Handle Irregular Income or Expenses One of the most difficult parts of budgeting that people tell me they struggle with is how to budget for those irregular expenses such as real estate taxes or car insurance that are due twice a year. Another difficulty is for irregular income if someone is on commission or business_related income.