Budget template
A budget for young families
Children change every line of a budget. This starting plan makes room for child care, school fees and protection, and still leaves money for savings.
What makes it different
New fixed costs
Child care and school fees are as fixed as rent. Budget them first, before everyday spending.
Lumpy yearly costs
Admission fees, uniforms, books and annual fees come all at once. Spread them over twelve months.
Protecting the income
If the family relies on one or two incomes, life cover deserves a small fixed line.
Saving for the future
An education fund grows best when it starts early, even with a small monthly amount.
Example budget on PKR 250,000 a month
This is the starter plan BudgetByChat creates for this template. Every figure is a share of take-home pay, rounded to a tidy amount.
| Category | Share | Monthly plan |
|---|---|---|
| Rent | 28% | PKR 70,000 |
| Groceries | 10% | PKR 25,000 |
| Utilities | 5% | PKR 13,000 |
| Transport | 7% | PKR 18,000 |
| Dining Out | 4% | PKR 10,000 |
| Phone & Internet | 2% | PKR 5,000 |
| Healthcare | 3% | PKR 8,000 |
| Child Care | 8% | PKR 20,000 |
| School Fees | 8% | PKR 20,000 |
| Life Insurance | 2% | PKR 5,000 |
| Left to give a job (savings, goals, extra debt payments) | 22% | PKR 56,000 |
Set it up in five steps
- Start from the household’s combined monthly take-home pay.
- Fix housing, child care and school fees first.
- Add groceries, utilities, transport and healthcare.
- Set a monthly amount for annual costs and an education fund.
- Review together at the end of each month.
Try it with your own numbers
IncomePKR 250,000
PlannedPKR 194,000
Left to give a jobPKR 56,000
| Category | Share | Monthly plan |
|---|---|---|
| Rent | 28% | PKR 70,000 |
| Groceries | 10% | PKR 25,000 |
| Utilities | 5% | PKR 13,000 |
| Transport | 7% | PKR 18,000 |
| Dining Out | 4% | PKR 10,000 |
| Phone & Internet | 2% | PKR 5,000 |
| Healthcare | 3% | PKR 8,000 |
| Child Care | 8% | PKR 20,000 |
| School Fees | 8% | PKR 20,000 |
| Life Insurance | 2% | PKR 5,000 |
| Savings, goals and extra debt payments | 22% | PKR 56,000 |
Amounts are rounded to tidy figures. Income − plan − savings = PKR 0: every unit has a job.
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