Personal Budgeting Worksheet

Your Personal Reduce Spending Worksheet

If you’re arriving at this page, this is a series that we’re doing called The Financial Freedom Success System. Click my profile to start at the beginning. If you’re looking for a personal budgeting worksheet and plan, then keep reading below.

In a moment you’ll see a worksheet to help you work through almost all your expenses and find ways to reduce spending — in many cases painlessly!

Simply fill out the Worksheet and then every day use the time you’ve scheduled to work on the next item on the list.

Here’s an example. The following are monthly expenses. We’ll use part of the Worksheet to help you understand what to do:

Reduce Spending Worksheet

Expense Current Amount Action Taken New Amount Follow-up Required?

Cell Phone $65

Car Insurance $50

Lunch (work) $160

So far, we’ve simply listed the current amount Jane spends on a few items. (Later, you’ll list everything you spend, because each item is a potential source of savings.)

Now we’ll do a little work:

Expense Current Amount Action Taken New Amount Follow-up Required?