Budget Binder Kit

A Budget Binder for your financial success

Setting up a Budget Binder in your home is a terrific strategy for staying on top of your finances.  It should not only be a record of what is spent, but it should include your estimations for what will likely be spent in the coming year(s).  This binder or manual should be a go-to for all of your questions regarding what you can afford and how long it will take to reach your financial goals.

Here’s how to create a Budget Binder:

1. Find a binder that works for you. I really like this binder, but any binder will work. I would choose one that has at least a 1″ spine width.

2. You will also want to have some tabbed dividers so that you can separate your budget binder into sections. These Redi-Tag Removable Index Tabs are perfect to add to each quote/divider. The tabs are writable and repositionable so you can move them around or use the same one if you need to refresh the page.

3. I like to divide my Budget Binder up by months. (One section for each month of the year, January – December) In each section/month, I include a Monthly expense tracker, a Monthly budget and bill tracker, a Monthly debt payoff tracker, a Monthly reflection sheet and Month at a glance calendar sheets. In the back, I have a yearly finance goal worksheet and spending trackers.

These pages can be found in The Budget Planner:

4. Also in the back, create a section for account information and include names of financial institutions, addresses, contact information, passwords and any other details that would be worth having at a glance.

5. You can also add pouches to hold receipts, a page to record prices on your favorite items, or anything else that might be useful in keeping your family in the black!

How to create a budget binder

There you have it! It’s that easy to set up a budget binder. Do you keep a Budget Binder? What pages do you keep handy in your family budget binder?