UBC Budget Spreadsheet

							                                   PERSONAL BUDGET AND SPENDING PLAN*

Monthly Wages/Income**                                         Budget       Actual        Difference
                                                                                         Over/(Under)
Salary #1 (net take home pay )
Salary #2 (net take home pay)
Other income (net of taxes):
         Dividends
         Interest Earned
         Net Rental Income
         Net Business Income
         Pension or Retirement Income


Total Net Monthly Income                                                0            0              0

Expenditures                                                   Budget       Actual        Difference
                                                                                         Over/(Under)
1. Charitable Giving
        Tithes - 10% of gross income
        Sacrificial giving - Higher Ground commitment
        Other giving

2. Housing:
        Mortgage/taxes/rent
        Maintenance/repairs
        Utilities:
        Electricity
        Gas
        Water
        Trash collection
        Telephone/Internet
        Cable television
        Other


3. Saving:
        Emergency fund
        Replacement (of necessities, appliances, etc.)
        Long-term savings/Retirement**
        Vacation savings
        Other


4. Debt:
           Credit Card Debt
           Gas Cards
           Department Store Credit Cards
           School Loans
           Other loans
           Bank Loans
           Credit Union loans
           Loans from family and friends
           Other
5. Transportation Expenses:
        Car Payment
        License fees and inspections
        Gasoline
        Parking
        Maintenance (oil changes, etc.)
        Carpool fees or bus tokens


6. Insurance:
        Automobile
        Homeowners/Rental Insurance
        Life Insurance**
        Disability Insurance**
        Medical, Dental and Optical**
        Other


7. Household/Personal Expenses:
       Groceries/Food
       Cell Phone
       Clothing and Dry Cleaning
       Personal Care (haircuts, cosmetics, etc.)
       Allowance (lunches, coffee, etc.)
       Enrichment activities (lessons, classes, etc.)
       Miscellaneous expenses
       Fitness/Sports Memberships or Fees


8. Entertainment:
        Meals
        Movies/Events/Museums
        Childcare
        Travel spending
        Movie and media rentals
        Hobbies (arts and crafts, fishing, etc.)


9. Professional Services:
        Child Care
        Medical/Dental/Optical
        Prescriptions
        Legal
        Counseling
        Professional Dues and Memberships


10. Miscellaneous:

                                                                                              Budget                Actual       Difference
Total Expenditures                                                                                         0                 0                0

Total Actual Net Monthly Income Less Total Actual Expenses                                                                   0

*This form was adapted from several sources and is intended as a guide only. If you have questions or need further
information, seek professional advice.
**Net Wages are Gross Wages less federal, state and local income tax (as applicable), Medicare and Social Security.
If amounts for retirement accounts or health, life and disability insurance are also deducted from your paycheck,
do not enter amounts in these sections.