9/5/2023 0 Comments Free digital budget planner![]() ![]() That just reminded me of what my son said to me when he was 3 years old and we were at a store and he wanted a toy. At least with using cash you had to make sure you had enough to pay. It is so easy nowadays to just keep using your debit card and just tap here and there and not realizing how much you have actually spent. I think it is great for keeping you accountable and reduce overspending. The starting balance at the beginning of the month is $4,000 and every time money goes in or out, it is recorded in the transaction log. The transaction log is good for keeping the running balance of your checking account. I can use the money that I have saved already without affecting the monthly budget or using a credit card. After 9 months I have saved $450 and suddenly my car needs new brake pads for $300. Some people use sinking funds for house or car repairs and other bigger expenses but I do like using them for smaller items such as clothing, personal care, entertainment, etc.Īs an example, every month I allocate and put aside $50 for car repairs. Sinking funds is money you put aside for an expense that does not happen right away but will happen in the near future. I could probably write a whole post just on sinking funds but I’ll try to keep it short and simple. Any other categories like Clothing or Entertainment would be in my sinking funds. I usually just keep track of “Living Expenses” in the weekly check-in. In week 2, I spent $150 on groceries resulting in $650 left to spend. In the first week, I have spent $200 on groceries, leaving me with $800 left for the remaining month. As you can see in the picture below, $800 has been budgeted for Groceries this month. The weekly check-in is making sure you don’t go over your budgeted amounts. A weekly check-in will make sure you don’t go over the budgeted amounts. The amounts should be close to what you have budgeted. At the end of the month add up all the actual numbers. ![]() Your expenses, debt payment, and savings should equal your income. There are 4 separate sections: Income, Expenses, Debt & Savings. These are the expenses and income that you are expecting for the month. At the beginning of each month fill in your budgeted amounts. The monthly budget overview is your main page. I will give a brief explanation of how I use each page below. The monthly budget, a weekly check-in, sinking funds overview, and a transaction log. The Stickers are for 4 different kinds of budget Pages. The stickers are sized for the Erin Condren Planner but you can use them in a different planner or notebook as well. I decided to create a printable with the monthly budget stickers that I use in my planner and share it with you. ![]() I will also receive $10 off my next order. If you are interested in purchasing the same Planner and are new to Erin Condren, you can use my affiliate link to receive $10 off your first order. I am using monthly budget stickers for these pages. Here is a post on how I set up my Monthly Budget Planner and the monthly Budget Pages that I created. The planner that I am using is the Erin Condren Monthly Planner. ![]() It is an easy way to keep our finances together and everyone has access to it. I am using a monthly planner for our budget. ![]()
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