Create a Monthly Budget That Works (+ Free Monthly Budget Planner)


 Why You Need a Budget

Budgeting helps you stay in control of your money. It’s not about limiting your spending, but about giving purpose to your money. For a mama mboga in Mombasa or a dressmaker in Kisii, budgeting means you know how much to reinvest and how much to save.

Step-by-Step Guide: Monthly Budgeting

  1. List all your expected income for the month.
  2. List all fixed and variable expenses.
  3. Separate personal from business expenses.
  4. Track your actual spending and compare.

Example:

Category

Budgeted (KES)

Actual (KES)

Notes

Inventory

5,000

4,800

Bought flour in bulk

Rent

2,500

2,500

-

Transport

1,000

1,200

Fares went up

 

Download Free Template: SheEO Monthly Budget Sheet

 

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