Monthly Budget Spreadsheet

MONTHLY BUDGET PLANNER Expense Housing Rent/Board Rates Body Corporate Fees Electricity Gas Telephone Internet Maintenance Other Personal Food/Groceries Clothing/Shoes Mobile Phone Public Transport Memberships (Gym, etc) Entertainment Other Motor Vehicle Fuel Insurance Registration Licence (personal) Car Parking Service/Maintenance Other Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Insurances Home Building Home Contents Personal Items Private Health Income Protection Death, Trauma and TPD Other Education Child Care/Kindy Fees School Fees Post Secondary Fees Coaching/Tutoring Adult Course Costs HECS Other Loans Mortgage Personal Loan Credit Card 1 Credit Card 2 Store Card Other Other Medical/Doctor Dental/Optometrist Pharmacy Child Support Gifts/Donation Subscriptions Superannuation TOTAL INCOME (After Tax) Wages 1 Partner Wages Family Tax Benefit Government Pension Government Allowance Dividends/Interest Other Investment Income Company/Trust Distributions Other TOTAL Less Expenses as above Surplus (Defecit) . Once you have calculated your monthly income/expenses you get a good picture of how you are travelling on a monthly basis! . You then need to calculate how much of your income on a fortnightly basis needs to be set aside for expenses . These funds should be placed each fortnight into a working account and only used for these expenses . Some months will have higher expenses and you may want to try to rearrange the payment of them for example paying the rego for 6 months, then reverting back to annual or maybe pay some expenses monthly. . If your expenses are too high for your income you need to cut back or increase income or else you will just increase your level of debt. . If you have surplus income it is important to put these funds aside into a separate account or use them to reduce debt on your credit cards, personal loans or mortgage. ASSETS AND LIABILITIES Lifestyle Assets Principal Residence Contents/Personal Effects Motor Vehicle 1 Motor Vehicle 2 Boat/Caravan/Recreational Antiques/Valuables Land Holiday Home Other Credit Cards/Personal Debt Cash Savings Term Deposits/Cash Management etc Total Shares and Managed Funds Direct Shares and Managed Funds Invest Type Original Date Investment Invested Current Units Held Current Value Appx Income pa Owner Ownership Asset Value Liability $ Superannuation Superannuation Fund Owner Current Value