![]() Now that you understand a budget template, let’s look at some of the benefits of using one. Why should you use a personal monthly budget template? Expenses – Food, transportation, medical, utility, debt, pet, etc.īudget templates aggregate these different figures together, telling you how much you spend and make in each category. ![]() ![]() Income – Salary, Bonus, Capital Gain, etc.Above all, a monthly budgeting template gives you a bird’s eye perspective of your present financial status.Ī personal budget template, in general, divides your income and spending into areas such as: It allows you to compare budgeted costs and revenue to actual expenses and income. ![]()
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