![]() Special events or holidaysĮach month will look different depending on the time of year. This can be a great way to save up for a wedding, a vacation, or build your emergency fund. If you manually transfer money to your savings account, then list the days you plan to do this on your budget calendar too. If you have automatic savings contributions set up, schedule them in your budget calendar so you’ll know when money is automatically withdrawn from your account. When you have your bills and their due dates listed, you can decide which paycheck will cover each and every bill. Make a note of all your regular monthly bills on your budget calendar, such as your rent / mortgage and cell phone bill.Īlso make note of irregular expenses that are due during this month, such as yearly subscription charges. This will allow you to visually see which days you’ll get paid and when money will be flowing in. ![]() Include your paychecks on your budget calendar, including other income sources. Here’s a few things that you may want to include in your budget calendar: Income ![]() It can be used as a calendar for paying bills and other financial obligations. The purpose of a budget calendar is to keep track of all payment amounts and when their due dates. What is the purpose of a budget calendar? How do you create a monthly budget for a beginner?.How to use your budget calendar throughout the month.What if I can’t pay all my bills with just one paycheck?.Highlight the expenses and spending that will be covered by each paycheck.Assign each payday or pay period a different color.List your monthly bills and their due dates What is the purpose of a budget calendar?.(Or peanut butter and jelly if that’s your jam!) It’s a visual aid to see your paydays, when bills need to get paid, and what’s coming in the months ahead so you can plan accordingly.Ī budget calendar goes together with your monthly budget like peas and carrots. If you’re looking to get a better handle on your finances and manage your spending, a budget calendar is designed to help you do just that. With a budget calendar, you can set reminders to pay bills on time or to purchase a gift for an upcoming birthday celebration. But did you know that a calendar can also be a great tool for budgeting? Many of us use a calendar to help us keep track of important dates in our life, such as doctor’s appointments, meetings and vacations. It’s a helpful way to get an overview of how much money will flow IN and OUT in a given month. I know in February we have Valentine’s Day which my little girls love celebrating so I’ll write that down.ĭon’t let irregular expenses throw a wrench in your finances.What is a budget calendar? A budget calendar looks just like a regular calendar, but it’s used for the purpose of tracking your bills, due dates, paychecks, and other important dates in your life. Either go through last years budgets and see what you had paid last year or you can make a plan about what you have coming up, going month by month.įor example, I know in January I have 2 family birthdays, so I would write those down. There are a few ways you could come up with your list. The best way to manage these bills is to get ahead of them with this free printable tracker. They could happen quarterly, seasonally or even yearly.Īn example of irregular expenses would be things like: birthdays, holidays, personal property tax, vacations, school dues, etc. ![]() Irregular expenses are expenses that occur infrequently. If you are a faithful budgeter, but still find yourself running out of money before you reach the end of your month Irregular Expenses could be to blame. If you’re rent is $1000 and you get paid 2x a month, you can set aside $500 every paycheck instead of coming up with the whole $1000 at once. Utilize the half payment method ( I talk about this method in my article about how to stretch your income) and split up large payments, your mortgage for example, into more manageable chunks. Or perhaps you can restructure how you set up your payments for high cost items. In situations like this one, it would be a good time to reach out to companies and inquire about a change in due dates. It allows you to see what bills need to be paid from which paycheck and potentially if you have more due than income. One of the chief troubles I hear from people is how difficult it is to manage monthly bills when you get paid at different times every month.Ī budget calendar can keep you organized. If you receive biweekly paychecks, semi-monthly paychecks or even weekly paychecks, a budget calendar can be a great tool to keeping your budget on track.Ī budget calendar gives you a birds-eye view of what your month look likes in terms of your finances. Keep Your Budget on Track with a Free Monthly Budget Calendar
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