Personal Budget Worksheet

Personal Budget Worksheet Lesson 1: Goals and Budgets Worksheet 1-4 ________________________________________________________________ Complete the budget worksheet for you and your family My goal is to save $_________ a month. I want to $______________ in ___ months/years. Monthly Income $ from job after taxes (you) $ from job after taxes (your wife/husband) Retirement or social security benefits Government assistance Alimony/child support Other income: Total Monthly Income $ $ $ $ $ $ $ _______ Monthly Expenses Housing Expenses Apartment rent or home mortgage Property tax/home Insurance Home maintenance/repairs Gas and electricity Water Other Expenses Food Car loan Car insurance Car maintenance/repairs Gasoline Public transportation (bus/metro/taxi) Credit card payments Loan payments Telephone Cell phone Doctors/dentists Insurance (other than car) Entertainment 1. cable television ($___) 2. restaurants & clubs ($___) 3. video rentals ($___) 4. other ($___) Clothing Alimony/child support Other expenses 1. cigarettes ($___) 2. gym membership ($___) 3. 4. Total Monthly Expenses $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ What is your Monthly Income $ _________ What are your Monthly Expenses - $ _________ What is your Monthly Income after Expenses (Savings) $ _________ What are ways you can save more money ______________________________ www.valrc.org/courses/moneytalks Beginner/Low-Intermediate Unit II: Planning for the Future