"Personal Household Budget Worksheet"
Personal / Household Budget Worksheet Instructions: Use this worksheet as a guide to help you identify and calculate your monthly income and expenses. You can complete the worksheet as a personal budget or as a budget for your entire household. All amounts are to be entered as monthly totals. 1. Gross Monthly Income (money you receive each month) Salary & Other Social Security Child Support, $ $ $ Earned Income Income Alimony Income Military Retired Investment or $ $ Other $ Pay, Pension Rental Income Total Gross Monthly Income $ 2. Payroll Deductions (monthly totals) Federal Tax State Tax FICA (Soc Sec) $ $ $ Withholding Withholding Withholding FEHB Health FEGLI Life Medicare $ $ $ Insurance Insurance Withholding TSP, Other Charitable $ $ Other $ Savings Donations Total Payroll Deductions $ Total "Spendable" Income $ 3. Housing & Debts (monthly payment totals) Mortgage Credit Cards $ Auto Loans (total) $ $ Payment, Rent (total) Child Support, Personal Loans $ $ Other $ Alimony (total) Total Housing & Debts $ 4. Additional Taxes (not paid through payroll deduction) Social Security Federal Tax $ State Tax $ $ (FICA) Personal Adjustments for tax $ $ Other $ Property Tax refund/due Total Additional Taxes $ This worksheet continues on the next page Page 1 of 2 Personal / Household Budget Worksheet 5. Additional Insurance (not paid through payroll deductions) Health/Dental Disability Life Insurance $ $ $ Insurance Insurance Homeowner or Auto Insurance $ $ Other $ Renter Insurance Total Additional Insurance $ 6. Additional Savings/Investments (not paid through payroll deductions) Cash Savings, IRA, SEP $ College Savings $ $ CDs, etc. Stocks, Bonds, Other Savings or $ $ Mutual Funds Investments Total Additional Savings/Investments $ 7. Living Expenses Gas, Electricity, Telephone / $ Water $ $ Fuel Cellphone Cable, Doctor, Dentist, Rx Day Care, $ $ $ Internet Drugs Tuition Personal Food $ Clothing $ $ Care Dues (clubs, Entertainment, Books, $ $ $ assocations) Hobbies Magazines, etc. Gas, Parking, $ Other $ Transportation Total Living Expenses $ TOTALS Expense Actual % of Target % of BUDGET TOTALS Categories Gross Income Gross Income Housing/Debts (30%) Total Gross Monthly Income $ Taxes (25%) (minus) Total Payroll Deductions $ Insurance ( 4%) (minus) Other Expenses $ Savings/Invest (15%) Living Expenses (26%) Monthly Surplus/Deficit $ Page 2 of 2