BEST PLANNER 2019 FOR BUDGETING HOW TO
BEST PLANNER 2019 FOR BUDGETING FULL

Let’s say your long-term goal is to pay off credit card debt. Use your budget journal to make realistic goals based on your weekly and monthly expenses. Journaling for budgeting provides a wide overview of your finances, helping you to plan your goals. Goal planners provide spaces to record daily, weekly and monthly expenses, savings and goals, so you can map out future budgets with all the relevant information set out clearly in front of you. This is especially the case when you’re budget journaling to reach specific financial goals, like saving for a new car, or working towards paying off credit card debt. Goal planners are very useful for budget journaling.

BEST PLANNER 2019 FOR BUDGETING HOW TO

How to use a goal planner for budget journaling Draw a box next to each one to cross off or colour in as you achieve them.

BEST PLANNER 2019 FOR BUDGETING FULL

Record smaller micro-goals towards your full payment.

Debt Payment Tracker - Similarly, you can record your payments towards any loans or debts, alongside any interest accumulated.

Saving Goals Record - Setting your pounds aside for something special? Want to save money for emergencies? Record your saving goals in steps and track your progress.

This avoids any nasty surprises you might experience by a bill appearing out of the blue, ruining your carefully planned budget.

Bill Tracker - You can also record your weekly and monthly bills in your budget journal.

If you know how much money you have coming in, you can be clear on what you can afford to spend.

Income Record - Income is equally important to record.

This information is invaluable to planning future budgets. You can also analyse unplanned or unnecessary outgoing expenses.

Expenses Tracker - Record your actual expenses alongside your budget, so you can see how realistic your budget was.How much can you allot to spend on specifics, like food shopping and bills? Prioritise expenses based on their importance. Budget Record - Write down your overall budget, and predicted expenses for the week/month.There are several different key parts of a budget journal, and you can mix and match them in whatever way suits you. It will vary depending on your financial situation and, if you’re trying to save money, what your budgeting goals are. There is no ‘right’ way to do budget journaling. What to write about when journaling for budgeting Journaling for budgeting shows your financial situation at a glance, so you can prepare for the weeks and months ahead. Fortunately, budget journaling provides great strategies to help you get power back over your spending. If you have no control over your finances, you have no control over your life. Poor budgeting can be a real disaster if you’re trying to save money. By the first week or two, you’re left wondering where it all went.

At the start of the month, it might seem like there’s plenty of money to spare. Finances are an especially difficult issue to get into order.

Best planner 2019 for budgeting