Creating a spending plan for your money is a wise move--even more so if you’re still a student. This will not only develop discipline but also improve your financial literacy and help keep you out of debt in the future. Another benefit of budgeting is that you get to control your spending, track your money, and be able to save more.

Regardless of whether you’re still in college or already working for quite some time, if you’re a beginner at budgeting, you will need all the help you can get. Although it is simple to make, it can be confusing at first.

If you are working on your personal budget, you start by identifying all of your spending habits. List down all your expenses, determine your overall income, and set your financial goals. Depending on how often you get your paycheck or allowance, you may need to create either a monthly personal budget or a weekly spending plan or both for your household.

You may use budgeting tools or find a template from our website. You can find a budget worksheet that suits your needs. You can even download it in excel format directly to your computer or your mobile for offline editing or you can use our online budget editor for easy access. Add your own line items in our ready-made templates so you don’t have to worry about how it would look like.

For a free printable budget worksheet sample, download your copy at for your own budget spreadsheet.

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