We are 2 adults, plus 18 year old male and a 13 year old girl. That’s because they give you the power to decide ahead of time what’s important for you. Then, I started working full time for a nursing home and Drew worked as a Teacher’s Assistant at BYU. Every month, I put about $5200 to cover expenses in our bank account. Budgets are in 2017 dollars. For us, it was $100/week when we were living “high on the hog” — and then I trimmed it to $80. He truly does. How it works is you: Yes, this budgeting method is a bit more tedious. That would drive you budget up another $1,500 per month to around $3,500. Use last year’s bills to estimate your monthly variable expenses, such as groceries and utilities, and enter them into each month’s field in your document. Free Valentines Day Facebook Post Template, Free Operational Plan For Project report Template, Free World Cancer Day whatsapp image Template, Free World Cancer Day Twitter Post Template, 11+ Investment Budget Templates in DOC | PDF. Will any categories increase in the future, and why? That’s what we spend each month. And some people’s expenses just might not fit within these guidelines, such as school supplies if you have children or alimony if you’re obligated to pay it. Hopefully, my budget was helpful to give you a guide for what works for us! Your email address will not be published. For example, compare what you think you spent on eating out last month to what you actually spent at restaurants. He has worked in the corporate and nonprofit arenas as a C-Suite executive, serving on several nonprofit boards. For a quicker experiment, try just one category. I think country to country comparisons are facinating! Hope that trend changes soon. Man, that really depends on the area you live. We have been married for over 16 years… man oh man. (please see my addendum at the bottom): This is our real-life budget — and I’ll split it into. There are some finer details to this method, so use this step-by-step guide to begin. His baby steps are easy to grasp. Mortgage, like power & garbage, will all stay pretty similar. Does anyone here have any experience with it? The specifics of your personal financial situation don’t have to match up perfectly with this chart. Input your family size and details below to calculate how much a nutritious grocery budget should cost you. Sidenote — using a grocery price comparison list saves us a ton on groceries! Expenses includes items you spend your money on, including rent and food. Ramsey’s 11 budget categories, along with the percentages, are: In visual form, which you can save via Pinterest, you get: Here’s a breakdown of each category, based on Dave Ramsey’s advice: What about debt?