"how to prepare a budget?"?
435348
To prepare a budget following steps should be taken:-\n\n1.Identify the inflows and outflows.\n2.Segregate the essential outflows and define outlays for them.\n3.Keep in mind that the outlays should not overshoot the inflows.\n4.Always keep buffer for the unexpected/unscheduled outflows.
271010
You create a budget by writing down all the things you spend your money on and how much you spend. You then allocate how much you should spend each month (or week or pay period) and keep a record of your expenditures as you go along. If you over spend one portion of you budget then you need to cut down in another area so your total expenditures for the month do no exceed you total budget.\n\nTypical allocations might be, food, rent, utilities, car payment, gas and oil, clothes, entertainment, savings and insurance.\n\nI learned this method of managing money from my father and it has been very helpful. I have been able to save about 10% of my income for about 35 years and I retired as 59 years of age with a very nice nest egg.
1182928
Doesn't have to be fancy. Start with your paycheck(s). Then estimate your daily/weekly expenses like groceries, parking, gas, bus tickets, coffee, etc. Now figure out what are your monthly expenses, like rent, car payment, and insurance. Divide those in half (not exactly right but close enough) and add to your expense list. Maybe you have other expenses that are less often, like some insurance. Set aside an amount each week so that you'll have enough when it's time ot pay. From there you need to see how good your guesses were, and compare how much you really spent to what you thought. Fine tune as you go.
57380
Here is a start, try the calculator here  http://www.fool.com/calcs/calculators.htm#budget\nafter you have an idea  of what you need in your sheet, set up a worksheet in excel, and you will be able to do a lot more than a blank piece of paper.
207284
You need and entire financial budget (budget means future projection) generally going out at least 3 years done on a monthly basis. \n\nI hope you have some accounting skills or you may have a hard time following this.\n\nYour goal is to produce an income statement, balance sheet and cash flow statment all for a minimum of three years, if looking for a loan from a bank or venture capital firm, they may require even larger time periods like up to 8 years out. Although 3 should be good for most investors, banks and even yourself.\n\nThere will be several pages to this budget, I suggest creating it in microsoft excel. \n\nFirst part\n\nOk first page of your budget is the sales budget. For every item or service you offer list it with its estimated number of sales followed by selling price then multiply to get the total. \n\nSecond part\n\nList the variable costs associated with each service or product budget just like above. The budget above is the exact same but instead of using selling price use variable cost,(cost of goods sole if product business, cost of services render if service budget) the cost you pay per item u sell. This budget will allow you to get to gross profit on sales.\n\nThird part\n\nList the rest of your expenses in any order but broken up like this, Start up expense budget (lists equipment, land, building, patents, trademarks, incorporation fees, anything associated as an expense that would be paid before your doors open that is not a usual expense, rent would not go here), Labor budget (lists employee costs, including your own pay), Occupancy buget (all costs associated with the building in which you do business like rent, property tax, utilities, and maitenance), marketing budget (all advertising costs like cost of copies for fliers, or yellow page ad's), then your operating budget (depreciation and amortization expenses, other fees or expnses not listed anywhere else that you may have). Always try to stay on the conservative side with estimates and not a bad idea to make a miscellaneous espense account to offset some places you may have underestimated. NOTE be sure costs do not overlap in the product/service cost budget on any of the expense budgets.\n\nFourth part\n\nThen from there you make you income statment, balance sheet and chash flow statemnt after you have all the accounting data. \n\nFifth part\n\nThen the last part is to make a list of the assumptions you made in the budgets preperation, like the consistent month over month growth you estimated in sales. what is that estimate, in percent terms? \n\nSuggested sixth part\n\nAlso you could make and income statement bar chart (I suggest you do) to show income versus expenses the income should be stedily growing with time and the expenses whould be fairly constant, but also growing evenly as time gose by, this bars should not be jumpy from month to month, you would look crazy if anyone saw it. \n\nOther tips/pointers\n\n(read option 6th part for pointers too) Oh, usualy anticipate a loss for the first year (income can exceed expenses in a months twords the end of the year but so long as the total for all months in first year is a loss). people will thing you don't know what you are taking about if you think you are so hot you can turn a profit off the bat.\n\nThis process take lots of time because you need to reseach your expenses to get accurate estimates, but it is really worth it even if you are just using it for personal reasons and not looking for an investor or a bank loan.
823106
Find a friend or family member who is good with money and ask them for their help and guidance.  It is always good to have personal help and not just read tips off of a website or book so that your situation, personality, likes and dislikes can be factored into your budget.  \n\nSuze Orman on CNBC Saturday nights is also a great resource!
380181
First, write down how much you get before you spend anything with each paycheck.  You have a 1st paycheck and a 15th paycheck, for example.  \n\nUnder each paycheck, list what your bills are for that paycheck.  If you send extra to some bills, don't put that down yet.  \n\nAfter your bills are deducted, this is what you have left for each check.  From that, you need some for living to the next paycheck and some to send as extra to bills or to save away.  Figure out about what you can get by on for two weeks, remembering how high gas is now.  You can even add a gas entry and put in 10 days driving * gas price and deduct that in your budget as well.  \n\nThis gives you an accurate portrayal of your finances.  You then set a goal to reduce your living amount you budget and send more to pay off credit cards early and try to stick to it.  Don't be afraid to change it slightly month-to-month, it doesn't have to be inflexible.  Just do your best and as you wipe out debts like credit cards or other debts that can't come back like student loans, you'll get to see how that extra money can be applied elsewhere.\n\nGood luck!
529922
I would say, first, create a budget.  Outline what cash inflows you will have, and what expenses you expect to incur.  Doing this will help you save for what you know is coming, and be better prepared to adjust, should something unexpected come along.\n\nOtherwise, you might be interested in setting up an IRA. (individual retirement account)  There are many kinds, and you choose the one that's right for you.  IRA's are a good way to set aside money for retirement; they are also treated very favorably by the tax codes!\n\nOh, and Use something like a Microsoft Excel spreadsheet, it helps you stay organized and can be adjusted, saved, and can do a lot of the adding/subtracting stuff for you.\n\nSimple answer for a simple sounding question... anything specific?
7184
This will take a significant amount of work.\n\nThe actual budget you can get a copy of through your elected representative.  It may even be available on a disk.  If you seek on the internet it is possible to find such on a disk from a private company but it will cost money.\n\nTo the total cost of IT means that you will you have to go through each Agenmcy's/ Depatment's line item budget.  I don't believe that there are common account numbers across all agencies/departments.\n\nEven when you are through with that project you  will only have a part of the IT cost because for cetain agencies these figures are behind security walls.\n\nGood Luck.
124636
I am also a 27 year old female, and I've learned some harsh lessons about financial realities.  I'll share with you what worked for me.\n\nI have a binder full of lined paper.  On the first page of the binder I have a budget.  You may ask yourself, how does one create a budget?  \n\nThe way I did it was to first list the things I have a fixed amount I need to spend per month: Rent, Car payments, Magazine subscriptions, Car insurance.  Then I figured out how much I would need PER PAYCHECK to save for this (don't say per month - if you do this, you're setting yourself up for failure).  I need $400 per paycheck for rent, $200 for car, $50 for insurance, $5 for registration, etc.  ANYTHING you spend money on goes down on paper.\n\nNext, I put down the things I need, but that aren't fixed.  For instance, groceries, gas, car repair, health (SO very important to have a large reserve, as I recently found out).  I guess how much I'm going to spend on this per month.  Don't forget, that a budget is ALWAYS evolving.  You get raises, bonuses, and (hopefully not) pay cuts all the time, so be prepared.\n\nFinally, you need to have some money to yourself.  I seperated these into clothes, gifts, massage, and books for myself, but you can always change that around.  Put a fixed amount per check into these funds.\n\nHere's the most important part: RECORD what you're spending on the other sheets of paper.  If you buy a pair of shoes, that goes in the clothes budget.  If you buy a gallon of milk, that goes in the groceries budget.  I guarantee you'll be shocked by some of the purchases you make. (I was spending $500 on groceries for two people in a month - that's absurd.  I now REALLY watch what a shop for, and I make sure I'm not throwing things away because they got old - I use everything!)\n\nOk, now we're ready to set aside some money to save!  Generally people say to save 10% of your gross income.  With the above method, the car repair and health funds are sort of "oh no" accounts that you're not going to be touching unless you have a situation, so I count that as part of the 10%.  Aside from this, calculate 10% of your net income ($800 = $80) and have it direct deposited into a different account.  This should not be accessable by check OR atm card!!!!  Once you have about $2,000, you should be able to move it into a money market (some people call money markets "High Yield Savings Accounts") without having to pay any fees.  You'll earn about 2%-4%, depending on the rates at the time.\n\nDon't forget that you'll want to fund some sort of retirement account out of this!  Make sure you try to set asside the maximum possible into retirement accounts so you don't regret your misspent youth.  I'll let you know that I've done calucualtions that say I need 2 million (caluculating for inflation) dollars to retire at age 65.  Yes, that is $2,000,000.  I urge you to look for a program called "Smart Women Finish Rich" in your area.  You'll learn TONS from it, and hopefully be inspired to start saving money.
460428
Are you talking about personal or at work?\n\nI use a spread sheet for my personal budget. I keep it up on a regular basis and reconcile any problems on a monthly basis.\n\nA key point is that I "charge" any credit card purchases as soon as the purchase is made. Just like I had written a check.
927877
How is it that we are supposed to know what your spending rates are for a year on these things?  Your telephone, cable, and internet should be very easy for you to arrive at.  Just look at your monthly bill.  Same with your utilities. Heating of course will vary with the seasons.  Food is possibly the most difficult to get a handle on.  I alway pay my food bill with my credit card. At the end of the month, I know exactly what I spent on food for the month. Don't forget eating out. You will probably be surprised how much you spend in that category.  And of course there is entertainment. For a single person, that will most likely be one of the major expense items.
539999
what is the budget?\na gift card is the safest way to go.
331981
Inventory - well just ask the accountant for a list of all purchases during the last two years, if they ask if you need it tomorrow, tell him or her that if you needed it tomorrow you would of asked for it tomorrow.\n\nThen count all the computers, monitors, and servers, printers, office desks, chairs, give a brief description of each and give them to the accountant to determine a replacement cost, and  a current market value... and again if they ask if you need it tomorrow, tell him or her that if you needed it tomorrow you would of asked for it tomorrow.\n\nIf anything goes wrong - blame it on the accountant...\n\nif you want any more advice on how to climb the ladder your going to have to send me money.
584608
Budget Creation 101\n\nGet a sheet of paper and list all your income on it at the top.\n\nThis is the order you will pay you bills in:\n\nNecessary expenses.  Shelter (mortgage/rent, utilities - electric, gas water - NOT cell phone, cable/satellite, internet), food (not fast food or restaurant food), clothing, transportation (gas, insurance - NOT auto loan), and savings for emergencies.  If you are here and have run out of money, you need to get another/better job.\n\nAfter this, discretionary spending.  Cable/satellite, internet, cell phone, fast food/restaurants, life insurance (necessary if you have dependents), auto maint (oil changes, registration), home repair/maint (if you own).  If you get to here and run out of money, it's time to start cutting things.\n\nFinally, debt.  Credit cards, student loans, auto loan.  List each loan separately from lowest balance to highest, including what the minimum payments are.  If you get to this point and run out, you either need to decrease some discretionary expenses or come up with more money (2nd job, yard sale or eBay, or sell the car and buy a cheaper one then use the 'profit' to pay debt).\n\nIf you don't tell your money where to go, it will still go.\n\nFor some sample budgets, check out Dave Ramsey's website.
92190
http://www.personalbudgeting.com/sample/sample.html\n\nhttp://www.personal-budget-planning-saving-money.com/
167132
You dont really have to get too technical here. Just keep a notedpad handy or a piece of paper in your wallet/purse and write down how much you spent and what you bought on all your purchases. Thats it. If you want to get fancy you can categorize them to bills, gas, food etc.... Keep it simple. Usually after a month you realize where most of your "lost" money is going.