The most common budgeting method used is a blank piece of paper. We've all tried it at one time or another. Income is listed on one side, expenses on the other. The idea is to balance income against expenses so that, hopefully, there is still some money left at the end of the month.
Budgeting Worksheet: Compare your Monthly Spend to a Standard Guideline _ Once you put your numbers in, how do you compare to the national average or some other standard guideline? The budgeting worksheet should give you some idea of how you compare in each of the above categories. Then you can make some decisions if you're over or under spending in some areas. The beauty of using worksheets is not only to see where your money is going but to see how you compare to a standard guideline.