Personal Budget
Income
Take-home Pay 1 Take-home Pay 2 Investments Gifts Misc 1 - craft sales Total Income $ $ $ $ $ $
Monthly
4,000.00 2,000.00 250.00 23.00 210.00 6,483.00
Percent
61.7% 30.8% 3.9% 0.4% 3.2% 100% Percent of income 24.7% 0.5%
Quick auto calculator to divide amounts by 12 Yearly amount = $ equals a monthly amount of: $
2,520.00
210.00
Fixed Expenses
Rent/ Mortgage Home/ Tenant Insurance $ $
Monthly
1,600.00 30.00
Housing tip:
You are spending this % of your income on rent / mortgage The recommended maximum rent expenditure is 25% or The recommended maximum mortgage expenditure is 30% or 24.7% $ 1,620.75
Telephone Internet Cable TV Cell Phone Utilities Car Loan/ Lease Car Insurance Life Insurance Bank of Dad Bank of Mom Student Loan Retirement Savings Other Savings Misc 1 - Ring payments Misc 2 Misc 3
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
55.25 23.00 83.99 45.12 300.00 150.00 30.00 350.00 100.00 100.00 300.00 180.00 23.00 200.00 1,500.00 230.00 500.00 100.00 80.00 50.00 23.00 6,053.36
0.9% 0.4% 1.3% 0.7% 4.6% 2.3% 0.5% 0.0% 0.0% 0.0% 0.0% 5.4% 1.5% 1.5% 0.0% 0.0% 4.6% 2.8% 0.4% 3.1% 0.0% 0.0% 23.1% 3.5% 7.7% 1.5% 1.2% 0.8% 0.0% 0.4% 0.0% 0.0%
$
1,944.90
Savings tip:
You are saving this % of your income The recommended minimum savings goal is 10%, or 6.9% $ 648.30
Other Expenses
Groceries Restaurant/ Take Out Household Clothing Personal Baby/ Child Expenses Credit Card Payments Personal Tax Owing Entertainment Car Maintenance Fuel Parking Gifts Misc 1 - Cat food Misc 2 Misc 3 Total Expenses Difference between Income and Expenses
93%
$429.64
www.wnetwork.com/maxedout
2/10/2009 4:49 PM