This simple, accessible, yet powerful budget template can be used by a family or individual to track monthly income, expenses, and total cash flow. It's helpful to keep all your receipts, and keep track of them in a journal, or simply plug these numbers into a sample budget template which you can access to quickly and easily add up the total from these figures. Your email address will not be published. I will say it has been my saving grace while shoveling that money into savings for Drew. Some other ways we used to lessen how much we spent on groceries: Deals to Meals: They comb the grocery ads for you — gives yuo an idea of what good pricing is. Reminder: Please don’t take the advice on this website over the advice of your physician or a professional. I will talk about that a bit in a later blog post. On top of all that we pay 10% of our income each month to the church in tithingWe also contribute money to our savings which is included in our monthly budget.Babysitting (while I am at work)  is not actually part of our budget because I feel like it’s a bill, I will talk more about it during my “pre-funding” post. That’s what we spend each month. When it comes to having a proper grip on your financial scene, a family budget is your must-have tool. Putting off contributing to a 401(k) can cost you thousands in the long term, but can help you reduce credit card debt and interest in the short term, improving your cash flow and credit score. 11+ Sample Family Budget Templates. I am sure we spend more and less then many readers on my blog. EPI’s research helps policymakers, opinion leaders, advocates, journalists, and the public understand the bread-and-butter issues affecting ordinary Americans. Which areas of my current budget are outside the guidelines? PDF; Size: 37 KB. The only difference between our budget and yours is that we will go out to eat or see a movie maybe once a month with our family, but not every month. Some family budget items are unique to each person, and tracking costs this way will help you see who can cut back if necessary. Sample Budget: Family Of Four | $40,000 Income *This post may contain … Also, we pay almost 800/month for insurance… so ,there’s that. If that’s the case, three simpler budgeting methods include: To put it into simple terms, reverse budgeting means paying yourself first. Policy choices have tilted the playing field toward the rich and corporations. The document here starts with rules and instructions to structure your budget and then it is followed by a long template of a monthly budget where you can calculate the difference between your budget and spending. You can add and delete rows as necessary to reflect your personal finances. The 50/20/30 method is a popular budgeting tool that allows your finances to be easily broken down into three different sections. Board of Directors If you logout you will need to provide your e-mail address and password the next time you login. If you’re looking to get your home into workable systems this is a valuable tool that moms love! That continued through Drew getting a teaching job and me changing men’s catheters once a month (yeah baby!). Out of that we have our $1033 mortgage, $300 electric, $60 water, $70 internet, $40 cable, $150 cell phones, $100 gas for our cars (sometimes more), and we spend between $1000-$1200 on groceries for our family of 6. So, now that we’ve talked MY finances — it’s time to make your own!