![]() You may need to think of ways to reduce or cut some of your expenses. ![]() If your total is in brackets, your expenses are higher than your income.You may want to think of ways to save for the future. If your total is not in brackets, your income is higher than your expenses.Not all may apply to you, but fill out what you know.Īt the bottom of the worksheet, your net income is the total of all your income, and your net expenses is the total of all your expenses. The expense section is divided into four categories. ![]() Be sure to enter your net income (income after all deductions have been made). The income section includes spaces to enter all the types of income you may get. How to create a budget summary that outlines your income and expensesĭownload the Budget Summary Worksheet and enter your income and expenses. Understanding needs and wants will help you to manage within your monthly budget.
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