What’s the cost of a cup of coffee? You might be thinking around two dollars. So every morning on your way to work or school you grab a cup of coffee because “what’s two dollars?”

Five days a week for four weeks is $40, and that’s if that cup of coffee is only two and you only buy one.

The point of me sharing this article is not to shame you for buying a morning (or second) cup of coffee. It’s to help you think about spending with intention. Maybe you want to include $40 a month in your budget for coffee because it’s important to you, maybe you had no idea you were spending that much and want to start bringing a travel mug most days.

Whatever works for you. I just know how helpful it is for me personally to include a budget in my monthly planner so I thought I would share some ideas for inspiration. If you’ve ever asked yourself “where does all my money keep going?” – this one might help you find some answers.

Why include a budget in your monthly planner?

Have you ever asked yourself, “where does all my money keep going?”

This will help with that.

By no means am I an expert in budgeting or finance. My math skills are average at best, my accounting skills basic, and the system I put together in order to track my finances is nothing more than simple addition and subtraction. 

The reason these pages work for me is that they create structure beyond glancing at statements and balances. They give a bit of perspective having everything all in one place. Tracking spending can also be a bit of an eye-opener. 

Below are the pages used in my monthly planner for your use as inspiration for you to create your own. You can also download them in my monthly planner package on Etsy you don’t feel like making your own.

1. Monthly bills checklist


These numbers are made up for the example.

I believe a bill checklist is an important tool for anyone to have. A week before the beginning of a new month I gather my bills (mostly emails) and fill mine out. If it’s different each month and I don’t have the amount yet I use the average amount and adjust later. I then total the amount of all bills due that month and move the number over to my budget sheet.

Note: this might seem obvious, but it’s helpful to use this list to put due dates in your day planner.

2. Monthly budget 


Note: these numbers are made up for the example.

On my monthly budget sheet, I include how much income I expect to come in as well as how much I expect to pay toward common categories like bills, groceries, entertainment, gas etc.. Sometimes it’s helpful to think ahead here. Do you have any events to attend, gifts to buy, or maintenance to schedule this month? Write down what it is, and how much it will (or you think it will) cost. Once you have all items in there, total all the amounts and that will be your budget for the month.

3. Budget tracker

This is exactly as it sounds. My budget tracker is simple. It includes a column for date, description, and amount. I write down any purchases made that month. At the end of the month, I total the amount to see how much I’ve spent in total. I also categorize my expenses (using the categories in my budget) to see how much I spent in each area. Using highlighters is helpful for distinguishing the categories when adding the numbers. A sheet like the one below is helpful too:

Conclusion

At the end of the month, I compare my budget to my actual spending. I look to see how I did overall as well as in each category. While your numbers might be way off the first month you try, I found by tracking how much I was spending each month, I was able to set a baseline. This helped me set better and more realistic budgets for myself later. Personally, I find tracking helpful in itself as you’re holding yourself accountable. Since everyone is different, it’s a matter of finding what you’re comfortable with.

If you’d like to check out my printable finances package on Etsy – here’s the link.

If you enjoyed this post you might also like my post on weekly menu planning, which can also help with your budget!