Example: Budgeting spreadsheet
Here’s what my budgeting categories looked like before I paid off $18k in student loans. I put all of the leftover money toward my debt, then I used it to build a three-month emergency fund once it was paid off.
Cassidy’s monthly income and expenses
Income | Expenses | |
---|---|---|
Salary | $4,000 | |
Rent | -$750 | |
Groceries | -$450 | |
Dining out | -$355 | |
Car loan | -$305 | |
Utilities | -$150 | |
Miscellaneous expenses | -$150 | |
Cat expenses | -$100 | |
Car insurance | -$95 | |
Cell phone bill | -$75 | |
Car fuel | -$55 | |
Subscriptions | -$15 | |
Total income and expenses | $4,000 | -$2,500 |
Leftover money | $1,500 |