Personal Monthly Budget

Document Sample
Personal Monthly Budget Powered By Docstoc
					Personal Monthly Budget
                            Income 1                                    $4,300       PROJECTED BALANCE
                                                                                                                                                               $3,405
PROJECTED MONTHLY INCOME    Extra income                                  $300       (Projected income minus expenses)
                            Total monthly income                      $4,600         ACTUAL BALANCE
                                                                                                                                                               $3,064
                                                                                     (Actual income minus expenses)
                            Income 1                                    $4,000
                                                                                     DIFFERENCE
ACTUAL MONTHLY INCOME       Extra income                                  $300                                                                                   ($341)
                                                                                     (Actual minus projected)
                            Total monthly income                      $4,300


HOUSING                     Projected Cost   Actual Cost         Difference          ENTERTAINMENT                    Projected Cost   Actual Cost        Difference

Mortgage or rent                   $1,000           $1,000                     $0    Video/DVD                                                                         $0
Phone                                 $54             $100                ($46)      CDs                                                                               $0
Electricity                           $44                  $56            ($12)      Movies                                                                            $0
Gas                                   $22                  $28                ($6)   Concerts                                                                          $0
Water and sewer                         $8                  $8                 $0    Sporting events                                                                   $0
Cable                                 $34                  $34                 $0    Live theater                                                                      $0
Waste removal                         $10                  $10                 $0    Other                                                                             $0
Maintenance or repairs                $23                   $0                $23    Other                                                                             $0
Supplies                                $0                  $0                 $0    Other                                                                             $0
Other                                   $0                  $0                 $0    Subtotals                                    $0                 $0                $0
Subtotals                          $1,195           $1,236                ($41)
                                                                                     LOANS                            Projected Cost   Actual Cost        Difference
TRANSPORTATION              Projected Cost   Actual Cost         Difference          Personal                                                                          $0
Vehicle payment                                                                $0    Student                                                                           $0
Bus/taxi fare                                                                  $0    Credit card                                                                       $0
Insurance                                                                      $0    Credit card                                                                       $0
Licensing                                                                      $0    Credit card                                                                       $0
Fuel                                                                           $0    Other                                                                             $0
Maintenance                                                                    $0    Subtotals                                    $0                 $0                $0
Other                                                                          $0
Subtotals                               $0                  $0                 $0    TAXES                            Projected Cost   Actual Cost        Difference
                                                                                     Federal                                                                           $0
INSURANCE                   Projected Cost   Actual Cost         Difference          State                                                                             $0
Home                                                                           $0    Local                                                                             $0
Health                                                                         $0    Other                                                                             $0
Life                                                                           $0    Subtotals                                    $0                 $0                $0
Other                                                                          $0
Subtotals                               $0                  $0                 $0    SAVINGS OR INVESTMENTS           Projected Cost   Actual Cost        Difference
                                                                                     Retirement account                                                                $0
FOOD                        Projected Cost   Actual Cost         Difference          Investment account                                                                $0
Groceries                                                                      $0    Other                                                                             $0
Dining out                                                                     $0    Subtotals                                    $0                 $0                $0
Other                                                                          $0
Subtotals                               $0                  $0                 $0    GIFTS AND DONATIONS              Projected Cost   Actual Cost        Difference
                                                                                     Charity 1                                                                         $0
PETS                        Projected Cost   Actual Cost         Difference          Charity 2                                                                         $0
Food                                                                           $0    Charity 3                                                                         $0
Medical                                                                        $0    Subtotals                                    $0                 $0                $0
Grooming                                                                       $0
Toys                                                                           $0    LEGAL                            Projected Cost   Actual Cost        Difference

Other                                                                          $0    Attorney                                                                          $0
Subtotals                               $0                  $0                 $0    Alimony                                                                           $0
                                                                                     Payments on lien or judgment                                                      $0
PERSONAL CARE               Projected Cost   Actual Cost         Difference          Other                                                                             $0
Medical                                                                        $0    Subtotals                                    $0                 $0                $0
Hair/nails                                                                     $0
Clothing                                                                       $0
                                                                                     TOTAL PROJECTED COST                                                      $1,195
Dry cleaning                                                                   $0
Health club                                                                    $0
                                                                                     TOTAL ACTUAL COST                                                         $1,236
Organization dues or fees                                                      $0
Other                                                                          $0
                                                                                     TOTAL DIFFERENCE                                                             ($41)
Subtotals                               $0                  $0                 $0
				
DOCUMENT INFO
Shared By:
Stats:
views:81295
posted:10/11/2007
language:English
pages:1
Description: This Personal Monthly Budget sets forth a template spreadsheet that should be used by individuals to create a monthly budget. The individual should enter a projected and actual monthly income and then expenses, such as household expenses, transportation expenses, entertainment, debt repayment, medical expenses, savings, etc. The spreadsheet will calculate any available balance, the difference between income and expenses, for the month. This spreadsheet can help an individual track income that remains after necessary expenses are paid and helps the individual plan for future savings.
This document is also part of a package Personal Finance & Retirement 5 Documents Included