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Instant Download Paycheck Budget Template Free PDF

Tracking where your money comes & goes is helpful if you want to improve your financial “situation”. By tracking the numbers it becomes objective date and for me & that makes it easier to see the bigger picture.

“I’m spending how much on listening to music??”

You’ll find the subscriptions you might have forgotten about or maybe be able to put their price into perspective when you’re comparing it to your income & other expenses.

I always look through my list and ask myself if there is anything I can go without or can get cheaper somewhere else.

Another thing I heard about was waiting 30 days until you buy something you want. Obviously sometimes we need to get things sooner..

Most of us need gas more often than every 30 days. But, things like clothes, accessories, you know; “wants”.

I followed it for months & most of the time by thirty days I would either find it for free, find an alternative, or not care at all about getting it.

It’s a good way to practice willpower & save money.

There are so many things you can borrow or get at thrift stores too for much cheaper.

Another simple budget plan a lot of people use is the 50/30/20 rule

50% of income on what you need

Gas
Electricity
Groceries (the essentials)
Heating
Insurances
Minimum payments due
Daycare

30% on what you want

Clothes
Shoes
Make-up
Fast food
Gas station stuff
etc.

20% on debt OR savings

Prioritize having a little money set aside incase you NEED it
I usually move to highest interest next
Use credit card offers with 0% APR when you can & transfer the balances to avoid interest

You could also use the envelope method if you’re bad at sticking to the plan.

Physically divide your money up into those needs, wants & saving/debt. (adjust as needed)

Here is a wallet that has sections for that method.

Budget Binder

Think about what you value, then see if that is actually what you’re spending your money on (or helping you get there).

For instance, I love to travel. When I am frugal, I can travel more. I can also spend money when I travel & feel good knowing that I made the choice to spend that money on something I value.

Knowing that makes it much easier for me to pass on fast food or online shopping.

Before I was finished with college I had 30k in custody battle debt. I kept my student debt pretty minimal, under 9k; I worked two jobs & went to a community college.

But, believe me, it cost me in other ways.

Talk about dread. I felt like I was punished for getting a degree.

I’ve paid the 30k off but it sure as hell didn’t feel good to live like I had never left the gas station (while working as a registered nurse) for years.

Silver lining is that I have a good credit score? lol

Anyway, good luck budgeting. I put some other free PDFs below.

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