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Example: Budget Planning

This monthly budget summary shows that the person saved $250 in October compared to September by decreasing their spending on entertainment and clothes. They spent less on movies, restaurants, and clothes in October, which helped reduce their total monthly expenses despite increases in utilities. Their income remained the same so the lower expenses led to a higher net amount of $250 in October.

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Prakram Prasad
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0% found this document useful (0 votes)
66 views1 page

Example: Budget Planning

This monthly budget summary shows that the person saved $250 in October compared to September by decreasing their spending on entertainment and clothes. They spent less on movies, restaurants, and clothes in October, which helped reduce their total monthly expenses despite increases in utilities. Their income remained the same so the lower expenses led to a higher net amount of $250 in October.

Uploaded by

Prakram Prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Example: Budget Planning

Monthly Summary

We saved $250this month! Looks like we saved a lot by not going to so many restaurants
and movies!

Items August September October


1 Expenses
2 Entertainment $1,000 $700 $600
3 Rent $800 $800 $800
4 Clothes $250 $225 $175
5 Utilities $120 $150 $175
6 Income
7 Wages $2,000 $2,000 $2,000
8 Summary
9 Total Income $2,000 $2,000 $2,000
Total Expenses $2,170 $1,875 $1,750
10
Net (Income - Expenses) -$170 $125 $250
11

Entertainment Spending Breakdown

Entertainment August September October


1 Movies $250 $200 $150
2 Restaurants $350 $400 $300
3 Hotel $300 $0 $0
4 Concerts $100 $100 $150
5 Total $1,000 $700 $600

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