This budget calculator with determine your Net Monthly Income which is the amount of
income left over after all the expenses have been paid. Hopefully, your Net Monthly Income will be a positive (+) amount.
If your Net Monthly Income is a negative amount (-), then you are spending more than you make and need to make changes in your income, spending or both. Otherwise, you may find yourself in Financial Trouble.
It is beneficial to see your budget on paper because it brings an awareness to your financial footprint. You will be able to uncover spending habits that you may not have realized.
Instructions: Print this worksheet. Add your total income. Add your total expenses. Subtract your expense from your income to determine your net monthly income.