Annual Budget For Better Personal Finances

Hello
I know there are all these complicated budgets, just want to make it simple.
You can make:

• An annual budget
• Monthly budget
• Weekly budget
• Daily budget

This depends on the circumstances, for example a restaurant budget should not be expected to be the same as a personal or family budget. A restaurant would be required to make a daily budget well as person or family can make annual,monthly or weekly budget.

Annual budget
This budget covers the whole year on monthly basis.
It will include expenses which are not in the norm of your expenses which will be expected to incur  for example study or tuition fees which is paid after every three months.
This really helps in planning your money in advance so that you are not caught unaware.

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Income

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Total

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Expenses

Rent/mortgage

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Tuition fees

xxx

xxx

xxx

xxx

Postal rental

xxx

Water

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Electricity

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Others

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

Total

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

INCOME minus EXPENSE

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

xxx

The monthly budget we already covered is also similar to the weekly and daily budget,
The other budget you can look at is a household budget.
When making this budget every member of the house is budgeted for according to their particular needs in that month.

Household budget

You spouse  child Dependant Help Grand Total shoes xxx             xxx xxxx fees xxx xxxx clothes xxx xxxx pay xxx Total to include in others on monthly basis xxxx xxxx xxxx xxxx xxxx xxxx