Personal Budget Financial Planner

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Personal Budget Financial Planner Powered By Docstoc
					                                                                                                          Budget Planner
When to use: Remember to think about what budget stage you are exploring and change your entries to suit. For example, once you buy your house, you may no longer be paying rent but you may have a
mortgage. You may also have different transport costs or home-related expenses such as council rates and maintenance expenses.
How to use: Choose a time period (e.g. fortnightly or monthly). Type in your regular income and expenses (and optionally any cash assets you already have). Remember to use the same time period for income
and expenses.
                                                Type of Income                          Amount received each period                                                                Personal expenses                                                   Other expenses
Regular
Income




                      Salary or wage (after tax)                                                                     $                                       Clothes and shoes                                $                   Child care                             $




                                                                                                                                   Regular Expenses contd.
                      Pension or Government allowance                                                                $                                       Hair and grooming                                $                   Child support payments                 $
                      Child support or other payments                                                                $                                       Other                                            $                   Gifts                                  $
                      Regular income from investments*                                                               $                                       TOTAL INCOME                                     $            0.00 Donations                                $
                      Other (rent from flat mates etc)                                                               $                                                             Medical expenses                               Hobbies and sports                     $
                      Total                                                                                          $   0.00                                Doctor                                           $                   Club memberships                       $
Asset
Cash




                      Type of Cash Asset                                                                                                                     Medicines                                        $                   Subscriptions                          $
                      Money in a savings account                                                                     $                                       Dentist                                          $                   Newspapers and magazines               $
                      Other                                                                                          $                                       Other                                            $                   Movies and DVDs                        $

                                                                                                                                                             Sub total                                        $            0.00 Restaurants and takeaway                 $
                                             Household expenses                             Educational expenses                                                                        Insurance                                 Alcohol and cigarettes                 $
                      Telephone - landline                        $          School fees                             $                                       Home and contents                                $                   Pet food                               $
                      Telephone - mobile                          $          University/TAFE fees                    $                                       Car                                              $                   Other pet costs                        $
                      Gas                                         $          Tuition                                 $                                       Health                                           $                   Other                                  $
                      Electricity                                 $          Books and uniforms                      $                                       Income protection                                $                   Sub total                              $           0.00
                      Water                                       $          Camps/excursions                        $                                       Life                                             $                                         Cash at hand
                      Council rates                               $          Extracurricular activities              $                                       Other                                            $                   Emergency cash amounts                 $
                      Body corporate fees (if applicable)         $          Other                                   $                                       Sub total                                        $            0.00   Sub total                              $           0.00
                      Internet                                    $          Total                                   $   0.00                                                                                 RESULTS
                      Cable/TV                                    $                            Debt repayments                                               TOTAL INCOME                                     - TOTAL EXPENSES                    =          SAVINGS         FALSE
   Regular Expenses




                      Pest inspections                            $          Mortgage/rent                           $           Budget
                      Swimming pool chemicals and maintenance     $          Car loan                                $          Net Result                                       $0.00                                     $0.00                                        $0.00
                      Painting - internal, external, decks        $          HECS/HELP payments                      $                                       * include income such as rent from an investment property, managed fund distributions, or dividends from shares.
                      Air conditioning maintenance                $          Credit cards                            $                                                                                        HOW MANY TIME PERIODS?                       TOTAL SAVINGS**
                      Furniture                                   $          Personal loans                          $          Savings
                      Appliances                                  $          Store cards                             $          Forecast                                                                                      0                                         $0.00
                      Groceries                                   $          Lay-bys                                 $                                       ** includes pre-existing cash assets                                                                            FALSE
                      Gardening                                   $          Rental arrangements (e.g. appliances)   $                                              Home purchase costs - before you buy                                        Home purchase costs - at sale
                      Other                                       $          Hire Purchase/Interest free             $                                       Stamp duty                                       $                   Building insurance                     $
                      Total                                       $          Other                                   $                                       Professional valuations                          $                   Mortgage insurance                     $
                                                                                                                                   Savings Goals


                                                                             Total                                   $                                       Pest, building & swimming pool inspections       $                   Loan application fees                  $
                                                                                                                                                             Buyer’s agent costs                              $                   Moving costs                           $
                      Sub total                                   $   0.00   Sub total                               $   0.00                                Legal/conveyancing costs                         $                   Electricity                            $
                                             Transport expenses                                       Savings                                                Search fees                                      $                   Gas connection                         $
                      Car registration                            $          Superannuation contributions            $                                       Other                                            $                   Phone and internet connections         $
                      Parking                                     $          Regular savings                         $                                       Sub total                                        $            0.00 Electrical safety switches               $
                      Fuel                                        $          Regular investments                     $                                                           Other Savings goals                              Pro rata rates/ body corporate fees    $
                      Repairs/maintenance                         $          Other                                   $                                       Holiday                                          $                   Other                                  $
                      Public transport                            $          Total                                   $                                       Car                                              $                   Total
                      Roadside Assistance                         $                                                                                          Home entertainment                               $
                      Other                                       $                                                                                          Other                                            $
                      Total                                       $   0.00   Sub total                               $   0.00                                Sub total                                        $            0.00   Sub total                              $           0.00

				
DOCUMENT INFO
Description: This Personal Budget Planner sets forth a template spreadsheet that should be used by individuals to create a personal budget. The individual should enter regular income and cash assets; regular expenses such as household expenses, transportation expenses, debt repayment, medical expenses, and savings; and saving goals. This spreadsheet can help an individual track income that remains after necessary expenses are paid and helps the individual plan savings in order to reach goals such as buying a home.
This document is also part of a package Easy Event Planning Bundle 8 Documents Included