Monthly Household Budget Guide

Household budget can be an easy task when given careful consideration. I have been using Microsoft Excel to do my household budget. It is useful as it gives me a clear overview of where and how the money being distributed. It also allows me to formula my table for quick calculations. The items and figures are just a guide as such you may change them to suit your personal needs. I did not include any Central Provident Fund (CPF) as it is usually being used for house loan payment and retirement. I also did not include bonus as I spread them out for additional monthly "Wife Household Allowances" and festive gifting.

Monthly Household Budget Guide

Payment Day	Mode of payment	Description	SGD
1-5th	Cash Out	Insurance (Set for yearly payment)	200
		Parent Allowance	500
		Meal Allowances for Husband Lunch	150
		Event (Set when any arises)	100
		Sub-Total Cash Out	950
	Internet Banking	Wife Household Allowances	600
		Children Saving	100
		Donation	30
		Insurance	100
		Sub-Total Internet Banking	830
	GIRO	Property Tax	10
		Utilities Bill	140
		Insurance	20
		Town Council Bill	60
		Membership Fee	20
		Donation	10
		Sub-Total GIRO	260
16-18th	Credit Card	Donation	40
		Mobile Bill	70
		Transportation	250
		Miscellaneous Credit Card Bill	50
		Sub-Total Projected Credit Card Bill	410
Total Account			2,450
Take Home Pay			2,600
Saving			150