FREE 7+ Sample Weekly Budget Forms in PDF | MS Word

Budgeting is a smart and useful tool that can help you control your expenses, plan for your future, pay off debts or prevent you from incurring debts, and allows you to set aside money for savings. However, human as we are, the ability to control ourselves from unnecessary spending can be quite a challenging feat. There are circumstances that lead us to spending more than what we can afford and committing to credits that we do not even know if we can pay right away. To put it in simpler terms, the ability of a person to budget does not come in an easy manner as it needs to be tested through time.

If you are just starting out with regards to trying how to budget your finances, using Budget Forms is a simple yet effective way for you to handle and record your budget. This forms will allow you to properly allocate your income or allowance so you can get the most out of how you are to use them without becoming short on funds. The difficulties that you will face when it comes to budgeting can be eased if you will use the fullest potential of a budget form.

Printable Budget Form

Bi-Weekly Budget Form

Weekly Budget Form Example

Weekly Expenses Budget Tracking Form

The How-to’s of Proper Budget Planning

A lot of ways can be tried out if you truly want to identify the budget plan that will work for you. Having your own budget plan should be based on your needs and the money that you will handle. Hence, it is not always effective to copy the budgeting methods and processes that other people follow.

Even if budgeting is a very serious matter, being able to master how it is done can help you minimize, or even remove the possibilities of being at debt. Listed below are some of the guides and tips that you may follow if you need references and inspiration in organizing the way you budget your money. Again, the structure and content of your budget plan should be based on your financial condition and the items that we will provide below are just guides that you may take ideas from.

Keep Track of Your Income, Deduct the Expenses

Keep track of your income and your expenses with the use of a weekly, monthly, or an Annual Budget Plan. Pulling up receipts from previous purchases is a great way to get an estimate of the costs you spend every month for particular items such as gas and groceries.

Categorize Your Expenses

After you have identified the items that you normally spend on, set them apart into 2 different categories. The first category should list down the expenses that you primarily need and have to pay for immediately, such as your mortgage and utilities. The second category should list down your extra expenses – items that do not necessarily have to be paid or bought, such as a new watch or dining out.

Be Flexible with Extra Expenses

Look through your list of extra expenses and mark those that you do not immediately need to purchase or pay for immediately.

Combine Both Categories

Combine and add up both categories of extra and essential expenses. Your needs should be your priority when budgeting. Make sure that you will have a separate total listing of your needs or the essential things that you need to spend on and the items that fall under the category of your wants.

Weekly Personal Budget Form

Weekly Budget Form in PDF

Budget Request Form in Word Format

Household Weekly Income Budget Form

Deduct the Essentials from Your Income

Your income should be split in an organized and efficient manner. The first thing that you need to do when budgeting is to deduct the expenses that you need to have so you can get the items and/or services that are essential within a particular duration of time. The excess money that you have can either be included in your savings or you can also use them to supply your wants and other extra expenses.

Learn to Cut Back

Aside from learning how to handle or budget your money, the other thing that can help you to save is to lessen your urge to buy all your wants, especially when you cannot afford them and the only means for you to get them is through credit. Your extra money will most likely be used effectively in the future if they will become a part of your savings.

One important thing to remember in budgeting is to live within your means. Rule of thumb is that your income should be at least twice as much as your total monthly expenses. If this is not the case for you, browse through your list of needs again and find cheaper alternatives that can also somehow provide you with what you need.

Download our Monthly Sample Budgets and sample forms now to help get you started on your budgeting!