The wait is over! The 2019 Budget Binder is here!! After many early mornings and late nights spent on my computer, I’m finally finished. I took all of your suggestions and recommendations into consideration from last year’s 2018 Budget Binder. Based off of Dave Ramsey’s financial principles, you will finally get your finances in order, learn to live on a cash budget, pay off debt, save for emergencies, and give like no one else!
Whether you’re a long-time reader or you just clicked over here from Pinterest, I’m so glad you’re here. It means you want to simplify your finances and finally get on a written budget. That’s amazing! I’m so happy for you to take this step. The 2019 Budget Binder kit is the perfect first step to get you there.
2019 Budget Binder
This year’s budget binder contains 142 printables to help you finally take control of your finances once and for all. The sheer size of this kit can seem overwhelming! But don’t worry, I’ve included an entire section on how to setup and print your binder kit at the very beginning!
Use your 2019 Budget Binder to set both short-term and long-term financial goals. There is space for monthly financial planning and bill pay checklists so you will never pay those annoying late fees again!
You will also find monthly budgeting forms for January-December in 2019! Everything you could possibly need is included. You can use this monthly overview to keep track of due dates throughout the month, set monthly financial goals, and do any other monthly budget planning!
Next you will find your monthly budget overview spread. This is the bread and butter of your budget. All of your numbers will end up on this form! Start by plugging in your expected income. Then take the important stuff off the top before your money starts getting allocated to other places. This includes savings, retirement, college planning, and charitable giving or tithing. Total up this number and subtract it from your total income. This is what you will have leftover to budget for everything else!
Separate your bills into the first and second half of the month. This will help you have a rough visual of what’s due and when! It’s also helpful if you get paid bi-weekly or weekly as you can allocate your paychecks to different bills.
You will notice there are two categories already labeled for each section. Those are “CASH ENVELOPES” and “SINKING FUNDS.” You will grab these numbers from other forms. We will get there shortly!
Finally add up your total expenses on the bottom left. Then subtract your total expenses from your total income. You should end up with $0. If not, you will need to go back and make adjustments. This is a zero-based budget so every dollar in your budget has a specific name and job!
The next form is your SINKING FUNDS spreadsheet. This is where you will budget in everything you need to save for throughout the year. Just a few examples of sinking funds include:
- Medical/Dental Expenses
- Kid’s Expenses
- Insurance Premiums
- Car Replacement Savings
- Car Registration Expenses
- Home Maintenance
- Car Maintenance
This list is going to be very different for every family. Sinking funds are one of the best things you can do for your budget. This will almost completely eliminate those months when you are stressing out over all the “extras” that somehow popped into your budget. Remember, if we know it’s coming then it’s not an emergency. Let’s all start planning ahead for large expenses!
You will add up all the “additions” you plan to make to each fund. That total will be placed in your main budget form on the “SINKING FUNDS” section.
Using cash is one of the key ingredients to this budget. However, I know carrying around cash just isn’t for all of us. That’s why I’ve added a fantastic 3rd cash envelope form to this year’s budget.
If you are set on using your debit card for purchases, but still want to try out this budget I’ve got you covered. You can use the “Cash Envelope Tracker” to keep track of how much you spend in each of your “cash” categories. Just simply set your budget, plug in your transactions, and subtract as you go. Once you’ve spent all the money in that category, it’s time to stop spending!
If you just plan to use cash, then you can use either the monthly or weekly cash envelope budgeting forms. Total up your budgeted amount, then add that number to the “CASH ENVELOPES” section on your main budgeting form.
If you receive any kind of irregular income each month, then the IRREGULAR INCOME form will be perfect for you! This could include overtime, second job income, or bonuses you might receive. This is a great way to pre-plan for income you may or may not receive. Having a plan in place will help that money not slip through your fingers!
At the beginning of the month, you will fill out the bottom half of this form. Prioritize how you plan to spend the money. Keep a running total on the far right. Once the money comes in, record it on the top half of this form. Then use your plan at the bottom to allocate that money to different places.
SPENDING TRACKERS AND BUDGET PLANNERS
The final part of the 2019 Budget Binder kit includes several spending trackers and budget planners.
Spending trackers are a great way for you to keep track of your spending. They are also a great tool for figuring out how much you should put into certain sinking funds each month. By using these forms, you can see from year to year what you spend on things like medical and dental bills, home maintenance, car maintenance, and many more!
This year I’ve added two budget planners to the budget binder kit! These budget planners are specifically for CHRISTMAS and VACATION budget planning. It’s a great way to see how much you need to save.
The vacation budget planner is a great way for you to stay on track during your vacation. The Christmas budget planner will help you create a plan, set a budget, and stick to it! Plus, it reminds you of all the extras we often forget.
The best part about the 2019 Budget Binder kit is that you can use what works for you and leave the rest! It’s a comprehensive budgeting kit that will help you finally get your finances on track.
Make sure to head over here to grab your copy of the 2019 Budget Binder kit. And right now you snag it on sale for just $5 through November 27th! Just use coupon code PREPARED at checkout.
If you have any questions at all, please feel free to email me at firstname.lastname@example.org!