- 1). If you have a home desktop PC, mac or personal notebook, you may access for free or can download an organizer software such as Microsoft Office to help design your money planner.
- 2). Organize your money planner using 6 main categories:
1. Total Monthly Gross Income
2. Monthly Housing Expenses
3. Monthly Car Expenses
4. Monthly Debts
5. Monthly Family Miscellaneous Expenses
6. Total Net Monthly Income (free money available) - 3). Organize your household expenses to include rent or mortgage payments, property and casualty, bill payments, utilities, taxes, and any miscellaneous household repair money.
- 4). Automobile expenses include car loans, gasoline, car insurance, and auto maintenance to make up the next category on your money organizer planner.
- 5). Debts should include any credit loans and monthly balance you choose to free up on the next money category on your organizer.
- 6). Next list any Miscellaneous expenses on your planner such as:
-childcare/school
-clothing, grocery money
-family entertainment, cable, videos, newspaper, magazines
-medical, vet
-clubs, association dues
-investments, life insurance
-vacation, gifts for holidays
-haircuts, nails, etc. - 7). Figure total monthly income at the top of your organizer, then total your monthly expenses for each money category, and subtract to get your net income balance at the bottom of your planner.
Source...