Sample Income and Expense Statement

Sample statement for income and expense management. This statement can be tailored to reflect any changes to income or add expense line items for ongoing tracking.

Try not to alter or make unnecessary changes to your budget because it doesn't match you current spending means. Try to stick to it and then see where your priorities lie and realize that change is inevitable anyway, but will be more manageable as good habits will have been set.

This statement is a model that reflects many possible types of income and expense items and is categorized by income and three categories of expenses including fixed expenses ( those that remain the same despite any changing activities), variable expenses ( those that change from one period to the next due to your actions), and discretionary expenses ( which cover items that aren't necessary maintaining normal activities but are important to you at that time for personal reasons).

Sample Statement Income/Expense