People with Plans are 10x more likely to be successful. Make your Cash Flow Plan for one month using the form below.
Steps: Fill in your total expected Income, Fixed, and Flex expenses for one month. Consider rounding up for expenses. And fill in every field, even if it’s a zero. Review your Plan Summary at the end of the sheet to determine if any changes are needed and write a brief reflection. Once you submit this form, you’ll have the option to download your responses as a PDF.
Example: Calculate the total needed for each entry for one month. If the paycheck that lands in your bank account is $1,500 and you’re paid on the 15th and last day of each month, then your monthly take home is $1,500 x 2=$3,000.
Recurring paychecks and other Income
All Fixed Expenses
Recurring expenses next month
All Flex Expenses
Daily decisions and one-time expenses next month
Plan until you have a $0 balance. If your balance is in the negative, then you either need to increase your take home pay or cut expenses.