Monthly Payment Schedule
What is the Monthly Payment Schedule?
This budgeting tool will help you to keep a record of your income and bill payments so you can plan for expenses and savings.
How to Use the Monthly Payment Schedule
- Transfer your income sources and amounts into the "Income" column on the Monthly Payment Schedule.
- You might also want to record the date the income is expected.
- Transfer your expenses, the date due, and the amount due, onto the appropriate columns of the worksheet. The "Paid" column is for you to write the date when your payments have been made. You can use different colored ink for income and expenses.
- You might want to estimate food and other flexible monthly costs at the end of each month.
| Income | Bills | Pay or Due Date | Amount Due | Paid |
|---|---|---|---|---|
| Wages | April 2 | $1000 | ||
| Child Support | April 5 | $300 | ||
| Savings | April 2 | $25 | ||
| Rent | April 6 | $500 | ||
| Telephone Bill | April 16 | $25 | ||
| Credit Card Payments | April 20 | $50 | ||
| Food | April 20 | $250 | ||
| Transportation | April 23 | $50 | ||
| Personal Expenses | April 27 | $50 | ||
| Child Care | April 28 | $250 | ||
