Since I do have a task function with my Microsoft Works program that will help me do a budget, I think I'm going to really start using it. I've always just used a calendar and my thinking cap to do this before, but I really want to keep better track of things and create for myself a workable budget.
I'll start by listing the bills that must be paid each month - rent, utilities, truck payment, gasoline, groceries - then move on to incidentals that I can probably live without or live with less. I'll tally up my monthly income and go from there. If I'm careful with some things, like lowering my electrical usage and driving fewer miles, I can reduce some expenses. Other expenses are fixed and I can't get around them. They just have to be paid as they are.
I will set aside a percentage amount from each check for tithe and another percentage for savings. I've got to get something tucked away for emergencies and I've been quite remiss in that.
Of course, at various times of the year there are gift-giving occasions. I will be shopping during the year and putting items away for future gifts. Then, there's the annual property taxes to be paid and tags to be put on the vehicle. I'll have to keep a bit of money saved for those.
So much to think about! That's why I need a good budget plan!
