1. Home
  2. Budgeting Worksheet

Budgeting Worksheet

Printable PDFPrintable PDF

Use this budgeting worksheet to calculate your monthly expenses and income to get an idea of what you have to work with, what your commitments are, and what you have remaining to devote to your goals.

Step 1: Calculate Your Monthly Income

Figure out how much you get paid each month, after taxes are removed, and add it to the table below.

$
$
$

Step 2: Calculate Your Monthly Expenses

Record your expenses using the table below. For expenses that change from month-to-month (such as utilities), use your average spending based on past month’s bills.

Housing

$
$
$
$
$

Food

$
$
$

Transport

$
$
$
$
$

Health

$
$
$

Personal & Family

$
$
$
$
$
$
$

Others

$
$
$
$
$
$




You have a deficit. A deficit is when your expenses is greater than your income.

Reach out to GreenPath, our caring counselors will explain your options and help you to create a plan based on your individual financial goals. It’s free, no pressure, and 100% confidential.

800-550-1961877-337-3399





You have a surplus! A surplus is when your income is greater than your expenses. Use this money to save for goals and to add to your savings account!

Take this free online course "Making the Most of Your Money""Making the Most of Your Money" to maximize your monthly saving.

Clear

GreenPath Counselors

GreenPath Offers Free Financial Counseling

If you are having trouble paying your bills, we encourage you to call us for a free debt counseling session.

800-550-1961

877-337-3399

Free Financial Resources

  • Real$tories: A Financial Podcast
    GreenPath’s guests and clients share their money journeys in their own words.
  • Financial Webinars
    GreenPath webinars offer guidance and tips on financial topics ranging from budgeting, saving, housing, managing debt, and more.
  • Online Financial Courses
    The LearningLab offers free courses and tools to enable a better understanding of money for a healthy financial life.

Free Financial Resources

  • Real$tories: A Financial Podcast
    Real $tories is a financial podcast where GreenPath’s guests and clients share their money journeys in their own words
  • Financial Webinars
    GreenPath webinars offer guidance and tips on financial topics ranging from budgeting, saving, housing, managing debt, and more.
  • Online Financial Courses
    The LearningLab+ offers free courses and tools to enable a better understanding of money for a healthy financial life.

GreenPath Counseling Hours

Call 800-550-1961 for immediate help. Or request a call from a counselor at a more convenient time.

Call 877-337-3399 for immediate help. Or request a call from a counselor at a more convenient time.

  • Monday-Thursday 8:00 am – 10:00 pm Eastern
  • Friday 8:00 am – 8:00 pm Eastern
  • Saturday 9:00 am – 6:00 pm Eastern

Weekly Pay Schedule

  1. Multiply weekly income by 52
  2. Then divide by 12

Bi-Weekly Pay Schedule (every two weeks)

  1. Multiply bi-weekly income by 26
  2. Then divide by 12

Inconsistent Pay Schedule

If your pay is not on a consistent schedule (e.g., seasonal work, side income)…

  1. Take last year’s total income
  2. Then divide by 12

= average monthly income

GreenPath Counselors

Speak with a Counselor Today to Setup a Budget

If you'd like help setting up a budget, contact GreenPath to speak with a financial counselor. It's free and confidential.

800-550-1961

877-337-3399