Budget Report Template
The Points in a Budget Report Template You Have to Fill
Budgeting is an important thing to manage money. You can make the process easier by using a budget report. You can even download the most suitable budget report template for free and use it right away. The templates cover specific things you have to write down to manage your money well.
Samples of Budget Report :
Source of Income
You have to divide the source of income into the actual monthly income and periodic monthly income. Actual monthly income is your fixed salary per month, whether you are an employee or a business owner. Periodic monthly income is the extra money you earn outside the monthly salary.
A budget report template will also help to track your expenses per month. The types of spending vary. Each person has different expenses per month. One of the most crucial spending you have to record on the budget report is housing expenses, such as electricity bills, gas, maintenance or repair, phone, food, and many more. It is related to the expense that you have to pay per month.
The template will also track your loan if there is any. Track it by mentioning the types of loans, such as personal loans, credit card bills, bank loans, and others. Write down also the cost of the loans and the total.
Transportation and Entertainment
You may run out of money because of the transportation and entertainment spendings. That’s why you have to control it by tracking it through a budget report. It helps to check the use of the money and the amount of money you have used. This section includes the expenses for sport event tickets, theater tickets, fuel, vehicle payment, licensing, insurance, maintenance, eating in the cafe, and many others.
A budget report template will help you a lot. You only have to fill the template and add the points based on your need. This template is not only helping you to track your money but also controlling the expenses so you can save some amount of money.