Click this link to View the Spreadsheet - planyourfinancesnet by Levone

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									Monthly Income
Salary/Earned Income $ 2,500.00 Child Support & Alimony $ Dividends, Interest, Capital Gains $ Rental Property Income $ Pension/Social Security $ Total $

2,500.00

Housing and Debt (Ideal allocation is 30% of Gross Income) Mortgage Pmt or Rent $ 450.00 Credit Card Pmts $ 25.00 Auto Loan Payments $ 225.00 Personal Loans $ Child Support & Alimony Pmts $ Other Pmts $ Total $

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700.00

Current Total Percentage of Gross Income 28.00% Ideal Percentage of Gross Income (30%) $ 750.00 Taxes (Ideal Allocation is 25% of Gross Income) Federal Income Tax $ 275.00 State Income Tax $ Local & Property Tax $ FICA Witholdings $ 215.00 Medicare Witholdings $ 35.00 Total $

525.00

Current Total Percentage of Gross Income 21.00% Ideal Percentage of Gross Income (25%) $ 625.00 Insurance (Ideal Allocation is 4%) Life $ Health $ Disability $ Auto $

33.00

95.00

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Homeowners/Renters $ 12.00 Other $ Total $

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140.00

Current Total Percentage of Gross Income 5.60% Ideal Budget Allocation (4%) $ 100.00 Savings and Investment (Ideal Allocation is 15%) 401K $ IRA $ Stocks & Bonds $ College Savings $ Other Savings $ 200.00 Total $

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200.00

Mutual Funds $ -

400.00

Current Total Percentage of Gross Income 16.00% Ideal Budget Allocation (15%) $ 375.00 Living Expenses (Ideal Allocation is 26%) Food $ Clothing $ Personal Care $ 25.00 Doctors, Dentists, Rx Drugs $ Entertainment $ 55.00 Child Care $ School Tuition $ Other $ Total $

250.00

50.00

Electricity & Gas $ 45.00 Water/Sewer/Trash $ 30.00 Telephone (Include Cell) $ 35.00 Cable & Internet $ 45.00 Gas or Transportation Costs $ 175.00

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710.00

Current Total Percentage of Gross Income 28.40% Ideal Budget Allocation (26%) $ 650.00

Total budget should be 100% or less, if not then you are spending more than you earn 99.00%


								
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