When creating a monthly household budget worksheet, track your income and expenses to identify ways to reduce spending and fund financial goals.

When totalling your entire expenses, it will come to Dh3,200 (same as your salary income). Although nothing (Dh0) is left, since you already put Dh1,557 towards extra debt payments or savings, you ...

Open your income and expenses Excel worksheet. Select an empty cell beneath the last item in your "income" column. Type "Total Income" in this cell, then press the "Enter" key.

3 Tips to Plan Your Future Expenses. Expense Inventory. In the first column, start by identifying your income sources, both fixed (like salary or pensions) and variable (commissions or side projects).