Your family, and your life, look different than anyone else’s. If there are extra expense categories that you need to pay for each month, then of course you need to add them. You will want to make sure that your budget, and expense list, reflect what is going on in YOUR life and with your family. But remember that this list is a sample of the expense categories you can use. This list was created using the actual family budget expense categories that we use, and have used, in our family budget. Monthly Family Expense Categories–Use this List as a Reference This is the spreadsheet we use each and every month to plan our budget, track our spending, and see our savings grow.Ĭheck out the BEST Family Budget Spreadsheet HERE. Which is why I LOVE using this family budget spreadsheet. I will say that having an easy way to manage your household expense list, and tracking your spending, makes working on your budget SO MUCH EASIER. For example, I separate out all of our utility bills so I know when to expect our electric bill to go up, and can plan accordingly. As you get more comfortable with budgeting, you can definitely separate the expenses more to see where your money is going for each item. So, to start with, I recommend keeping your expense list more broad.
But I also know that can get very overwhelming, when you are just starting out budgeting, to have too many expenses to track. For example, you may want to list out each of your debt payments, especially if you are working on paying down your debt. If you want to be SUPER detailed, then many of these monthly expense categories can be broken down into more specific items. Other Insurance (Disability, Life, Etc).Auto/Transportation (gas, car maintenance, car insurance, etc).Grocery/Food (groceries, eating out, take out, etc).Of course you will want to add more expenses that apply to your particular situation, but this is a good basic list to get you started. The following are the household expenses I recommend including on any basic family budget when you are creating your budget.
#EXAMPLES OF MONTHLY EXPENSES FREE#
If you want to get started budgeting using pen and paper, you can get our free printable budgeting planner here, and start writing out your own monthly household expenses on the budget sheet. We use the expenses listed below in our own family’s budget each and every month. They want to know what the total income was and they want to see the total of all expenses.To get started budgeting, is is easiest to start with a list of the standard expenses in a basic budget, for the average american family. What can we do with it, or in other words: what information interests Frank and Laura? Of course they are interested in the account balance. It is easy to read it in with Pandas as we can see in our chapter Pandas Data Files:īy reading the CSV file, we created a DataFrame object. The above mentioned csv file is saved under the name expenses_and_income.csv in the folder data. Pizzeria da Pulcinella restaurants and hotels 33.00 0 house insurance insurances and taxes 167.89 0 Golf Club, yearly payment health and sports 612.18 0 theatre tickets education and culture 125 0 Pizzeria da Pulcinella restaurants and hotels 60.00 0 LeGourmet Restaurant restaurants and hotels 145.00 0
payment to bank monthly redemption payment 1287.43 0 Fitness studio, Jane health and sports 19.00 0 GreenEnergy Corp., (electricity) utility 87.34 0 This journal may look like this: Date Description Category Out In Let us assume that you have already a csv file containing your expenses and income over a certain period of time. We will start with a small example, suitable for private purposes and the following chapter of our tutorial continues with a more extensive example suitable for small businesses.
The main focus is rather on the possibilities offered by Python and Pandas to program the necessary tools. This article is not meant to convince you of the necessity of doing this. You need to know exactly how much is coming in and going out. Monitoring the flow of money is important to understand your financial situation. Some say that if you want to manage your money successfully you will have to track your income and expenses. In this chapter of our Pandas tutorial we will deal with simple Expense and Income tables for private usage.
Matrix Arithmetics under NumPy and Python.Numpy Arrays: Concatenating, Flattening and Adding Dimensions.Instructor-led training courses by Bernd Klein Live Python classes by highly experienced instructors: