Budget Question
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Budget Question
| Sat, 04-04-2009 - 7:58pm |
I'm trying to work on a budget so that my husband and I have some type of a plan to get us out of this mountain of debt. I was just curious as to how everyone does their budget-what you include. Any input would be appreciated!

I make up a couple of columns first listing the fixed expenses that come out at the beginning of the month then list the fixed expenses for the 2nd half. Then I know what I have left for the variable expenses.
for me fixed expenses would be mortgage/rent, car loan payments, insurance payments (health and car) utilities (I do equal billing so it is the same cost all year round) phone, RRSP/RESP autowithdrawals.
Variables are everything else - groceries, entertainment, gifts, car expenses (gas, repairs) clothing, CC payments, and misc things I may have missed.
I know I have missed something but hope this at least gets you started.
Sharon
I do a fairly simple excel spread sheet.
Norma
"Patience is the best remedy for every trouble"- Plautus
First, I like to call it a spending plan, rather than a budget.
I typed out a long response the other day and somehow it disappeared so here I go again......lol.
I use Excel to do my budget.
Norma
"Patience is the best remedy for every trouble"- Plautus
Right Norma - I have used a list or spreadsheet since I got my first real paycheck after college.