Money Mapping (Budgeting)

Activity 7: Organize My Recurring Monthly Expenses

(This activity is also available as a blank, downloadable and printable PDF – Download Blank Activity 7 Worksheet)

Make a list of your fixed recurring monthly expenses and decide whether each expense is a need or a want. Recurring expenses are expenses that keep happening in the same way month after month. You’ll use this information later when you put together you money map.

  • Step 1: List each expense and select either need or want.
  • Step 2: Write the amount you spent next to the expense.
EXAMPLE: Fixed Recurring Monthly Expenses for SEPTEMBER
Expense DescriptionNeedWantAmount
1. RentX$400.00
2. Utilities*X$74.00
3. TelephoneX$20.00
4. Student Loan PaymentX$50.00

For the best experience, please use a computer or tablet to complete the activities in this topic.

Expense Description Need Want Amount
Add another row
Total Monthly NEED Recurring Expenses {{ total_need_expenses | toCurrency }}
Total Monthly WANT Recurring Expenses {{ total_want_expenses | toCurrency }}
Total Monthly Recurring Expenses {{ total_need_and_wants | toCurrency }}