Creating a household budget will help you to stay on track and make sure you have enough money each month to pay your bills and have money for anything extra that may come up. Here are some household budgeting basics to help you get started. Use the computer to create a spreadsheet that will hold all of your information. You’ll need to include your income, your monthly expenses, yearly expenses, and room for anything else that may come up. These would include vehicle repairs, school costs, going out to the movies, and other things along those lines.