These include budget items such as tuition, rent, credit card payments, and car payments. Check your spending calendar to be sure you have included all of them. You may need to spread some expenses over two or more weeks. As you list a fixed expense, subtract it from the amount left from your income. List your flexible expenses in the bottom half of the worksheet.
Flexible expenses vary from week to week and can be controlled and managed to some extent.
Examples of flexible expenses include food, clothing, gasoline, telephone, and personal care. Again, check your spending calendar to be sure you have included all of your flexible expenses. You may need to spread some expenses over several weeks. As you list a flexible expense, subtract it from the amount you have left from your income. You may find your income does not always meet all of your expenses.