Last updated on January 10th, 2019 at 12:22 pm
How to Manage Your Money With a Printable
Managing your money can easily be one of the biggest frustrations in life. The sad thing is that it shouldn’t be.
If you are wanting to learn how to manage your money, you came to the right place!
After struggling myself, I created a binder printable that truly makes organizing your finances so much easier.
Know where your money goes
One of the first tips I would suggest is to know where your money goes!
This is important because if you blindly spend money, you can’t assess the amount of unneccessary spending you are doing.
Learning how to manage your money can start off with simply writing down every purchase you make. If you like the more digital approach, try downloading the free app called Everydollar.
Every dollar is a budgeting app that helps keep track of your spending and keeping you accountable for sticking to your budget.
If you are like me, you might prefer having a written copy to look at every day. That’s why in my money binder printable, it has a monthly spending log included.
Organize your logins
One of the most annoying things in my opinion is searching for my login usernames and passwords for specific things.
That’s why in an effort to learn how to manage your money, I included this password printable. Just make sure to keep it in a secure location!
Not only will it make your life a little easier, it will also help you be able to find what you need a lot quicker.
Know who you owe
The next thing to do when you are learning how to manage your money is to make a list of your debt. This helps you know just how much you own, and specifically who you owe it to.
To be able to quickly look at your debt and equally to see the small changes in paying off your debt can really help motivate you to keep going.
This is why included in this money binder printable is a paying off debt chart.
As you make a payment, or pay off something, log it in this chart to see how you are doing.
Know when you owe money
Learning how to manage your money means also knowing when specific bills/utilities are due. Included in this printable is also a chart to help organize when things are due.
I broke it down into monthly due dates and yearly due dates as these are the most common type.
Create a Budget
One of the most important things to learning how to manage your money is creating a budget.
There are a lot of complex ways but for simplicity, I created a simple monthly budget that can help you track just how well you stay on budget.
The first thing you will want to do is fill at the expected income and expenses. Then, at the end of the month, fill out the actual income and expenses that you incurred.
This will help you see if you stayed on budget, went over, or under.
What should you do with extra money at the end of the month?
If you stuck to your budget or even went under budget on a lot of your expenses there might end up being money left.
This is going to be your decision on what to do with this extra. My suggestion would be to either pay off some of your debt or even start a savings.
Included in this money binder printable is a savings log so that you can keep track of when you add money to a savings account.
Month in review
The last thing that can help you start learning how to manage your money is by reviewing each month and see how you did. Did you go over budget?
What were your top 3 successes? What are the 3 things you need to work on? Do you have any goals for next month?
Fill them out at the end of the month with this final form included in the money binder printable.
Learning how to manage your money takes time and dedication, but you will thank yourself for it later!
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