Monthly Budgeting Worksheet
Income & Expenses Take Home Pay 1 (after taxes) Take Home Pay 2 (after taxes) Other Income Subtotal EXPENSES Home: Mortage/Rent Homeowners/Renter's Insurance Maintenance/ Repairs Property Taxes Other Home Subtotal Utilities: Home Phone Cell Phone Cable/Satellite Internet Gas Electricity Water/Sewer Trash Other Utilities Subtotal Transportation: Existing Vehicle Payments (all) Existing Insurance (all vehicles) Existing Gasoline Expenses Existing Repairs/Maintenance/Fees Existing Property Taxes Other (tolls, bus, subway, taxi) Other Transporation Subtotal Health and Medical: Insurance (medical, dental, vision) Out-of-Pocket Medical Expenses Medications (Over the Counter) Gym Membership Other Health Subtotal Debt Payments: Credit Card Credit Card Credit Card Student Loans Other Loans Other Debt Subtotal Food: Groceries Lunch Dining Out Other Food Subtotal Estimated Monthly Expense
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1
Monthly Budgeting Worksheet
Income & Expenses Family Obligations: Child Support/Alimony Day Care, Babysitting Tuition Clothing School Supplies Allowances Toys/Games Organization dues or fees Other Family Subtotal Investments & Savings: IRA Stocks/Bonds/Mutual Funds College Fund Savings Life insurance Other Investments & Savings Subtotal Pets Food Medical Grooming Toys Other Pets Entertainment: Video/DVDs/CDs Movies Concerts Sporting Events Vacations Other Entertainment Subtotal Personal Care: Hair/Nails Grooming (make-up, other) Laundry/Dry Cleaning Clothing Organization dues or fees Personal Care Subtotal Miscellaneous: Toiletries Gifts/Donations Other Miscellaneous expenses Total Expenses Estimated Monthly Expense
0.00
0.00
0.00
0.00
0.00
0.00 0.00
Cash balance end of period (income minus expenses)
0.00
2
Affordability Gauge
Vehicle You Plan to Sell Monthly payment Insurance Gasoline Estimated monthly maintenance TOTAL: Old Vehicle
$0.00
Vehicle You Plan to Purchase or Lease Monthly Payment Insurance Gasoline Estimated monthly maintenance TOTAL: New Vehicle Current Net Monthly Cash SUBTRACT Old Vehicle ADD New Vehicle
$0.00 $0.00 $0.00 $0.00
Adjusted Net Monthly Cash
$0.00
INSTRUCTIONS:
1. Key in the existing expenses associated with your current vehicle into the yellow boxes. If you do not plan to sell any vehicle, key in "$0" into these boxes.
2. Key in the estimated expenses associated with the vehicle you are considering purchasing into the green boxes.
3. The orange box has been carried over for you from the "Current Monthly Budget" worksheet, and represents how much (if any) you currently have left over at the end of each month. If you are currently spending more than you are earning, this number will appear in RED. 4. The number appearing in the purple box has been automatically calculated to show you how much you will have left over each month, should you choose to purchase the vehicle you are considering. If this number appears in RED, it means you will be spending more than you're earning.