Personal Budget
Monthly Net Income
Income Type Monthly Net Income Planned Monthly Savings Available Cash Amount $4,500 $300 $4,200 This is filled in based upon a formula. What is the formula? ____________________________ Ideal situation is 8% of income. Mid Year Bonus Year End Bonus Total Additional Income
Additional Income
Details Month June December January $5,000 Amount $2,000 $3,000
Monthly Expenses
Expense Mortgage Food (House) Car Payment Recreational/ Entertainment Electric Cable Bill Gas Water Phone Total Monthly Expenses Costs $2,300 Must be 30% of income. $400 Must be 8% of income. $350 Must be 8% of income. $60 Must be 7% of income. $127 $120 $88 $50 $120 $3,615 This is filled in based upon a formula. What is the formula? ____________________________
Planned Expenses
Expenditure November vacation Home for the holidays Gifts for family Family vacation Amount $450 $600 $300 $880
Total Planned Expenses
$2,230
This is filled in based upon a formula. What is the formula? ____________________________