Are you looking for a painless, straightforward solution to track your expenses and income for better budgeting? Check out this easy-to-use, customizable, and detailed Budget Form Template by WPForms.
This template allows individuals to record their overall income, track their expenses with fields for entering amounts for various fixed and variable expenses, and then set budget goals to help achieve a specific objective.
How Does the Budget Form Template Work?
The form kicks off with the Total Budget section, which allows individuals to first select their source of income (Salary, Business Income, Rental Income Investments, Freelance Work, Temporary Work.
After that, it asks for essential details like the frequency of this source of income, and the total amount. This amount is basically the money individuals will be entering for handling all sorts of expenses.
With that said, the following section focuses on Fixed Expenses. This is a crucial part of the form and can be customized to suit different needs. For the most part, it allows individuals to input all sorts of essential fixed expenses.
These include any monthly expenses that one may need to record, like their rent costs, electricity bills, gas bills, water bills, internet bills, phone bills, car payments, car, insurance, health insurance, and the list goes on.
Besides the Fixed Expenses, there is also a Variable Expenses section that many will find handy. It allows individuals to record those expenses that regularly change with time, like Groceries, Dining Out costs, Entertainment, and more.
Next up, there is a Debt Payments section, which enables individuals to track and manage debt payments, including credit cards, loans, mortgages, installment plans, and various other outstanding balances.
After that, there is a Summary and Totals section, where individuals can see all their expenses totaled up automatically and whether or not they get covered within the total budget set for the month.
Finally, individuals can record their target amount, timeline of saving, and progress of saving in the Budget Goals section, along with a brief description of what they are planning to use this budgeting form for.
Want to utilize this Budget Form Template? Sign up with WPForms today and gain access to this customizable budgeting template with many other features and addons that can make tracking expenses and budget planning more efficient!
