Docstoc

Income Tax Refund

Document Sample
Income Tax Refund Powered By Docstoc
					                                         MONTHLY INCOME SOURCES
                                             TAKE HOME PAY
            Types of Income                          Regular Inc.              Irregular Inc.         Pay
                                                  (Monthly Take Home)        (Annual Amounts)    Periods (dates)
  Point to red comment triangles for extra help
                                Income 1
                                Income 2
                                Income 3
                     Interest/Rents/Misc.
                              Tax Refund
                                    Other
                                 Bonuses
                        Self-Employment

                         TOTAL INCOME

               - TOTAL NECESSITIES                                             BASIC BUDGET


            = DISPOSABLE INCOME

                     - DEBT PAYMENT                                          DEBT SNOWBALL


                 = EXTRA FOR DEBT
                       REDUCTION
                    and/or SAVINGS



                  EMERGENCY FUND
                3X Monthly Necessities
                6X Monthly Necessities

                      LIFE INSURANCE
                      8X Annual Income
                     10X Annual Income

BDF Financial Counseling does not provide legal, tax or other professional advice or services.
The services of a professional should be used if specific expert assistance is needed.




Client - 2fe0193b-4af9-4e9e-9ec3-94bc998d09c2.xls             Page 1                                        7/19/2010
                          BASIC BUDGET WHAT YOU THINK YOU SPEND


                                                                                 Due
                           ITEM
                                                           Monthly Total         Dates
  Giving
  Emergency Savings
  Other Savings
  First Mortgage
  Second Mortgage
  Repairs/Upkeep
  Property Tax
  Home Owners/Renters Insurance
  Electricity
  Trash
  Water
  Gas
  Phone
  Cell Phone
  Cable
  Internet
  Groceries
  Eating Out
  Miscellaneous
  Gifts
  First Car Payment
  Second Car Payment
  Gas
  Repairs, Oil, Tires
  Car Insurance
  Car Property Tax & Tags
  Clothing
  Personal Care/Hair
  Life Insurance
  Child Care/Tuition
  Entertainment
  Vacation
  Medial Prescriptions
  Doctors/Dentist
  Blow Money
  Diapers/Baby wipes
  School lunch and snack
  Other
  Other
                                           TOTAL
                                         INCOME
                                  DIFFERENCE
  BDF Financial Counseling does not provide legal, tax or other professional advice or services.
  The services of a professional should be used if specific expert assistance is needed.




Client - 2fe0193b-4af9-4e9e-9ec3-94bc998d09c2.xls                    Page 2                        7/19/2010
DEBT SNOWBALL - LISTED FROM SMALLEST TO LARGEST
   The Debt Snowball is for listing of unsecured debts (debts not
   secured by an asset such as credit cards, medical bills, school loans,

                Net Disposable:
                                                    Monthly        Due
               ITEM                Total Payoff
                                                    Payment        Dates




                          TOTAL


   BDF Financial Counseling does not provide legal, tax or other professional advice or services.
   The services of a professional should be used if specific expert assistance is needed.




Client - 2fe0193b-4af9-4e9e-9ec3-94bc998d09c2.xls Page 3                                    7/19/2010
                                     CONSUMER EQUITY
                     ITEM / DESCRIBE                              VALUE            - DEBT              = EQUITY
      Real Estate 1
      Real Estate 2
      Car 1
      Car 2
      Cash on Hand
      Checking Account 1
      Checking Account 2
      Savings Account 1
      Savings Account 2
      Money Market Account
      Mutual Funds
      Retirement Plan 1
      Retirement Plan 2
      Retirement Plan 3
      Retirement Plan 4
      Stocks or Bonds
      Insurance (Cash Value)
      Household Items
      Jewelry
      Antiques
      Unsecured Debt (Neg.) from Debt Snowball
      IRS Debt (Neg.) from Debt Snowball
      Other
      Other
      Other
      Other
      Other



                            TOTAL                             $            -   $               -   $              -

      BDF Financial Counseling does not provide legal, tax or other professional advice or services.
      The services of a professional should be used if specific expert assistance is needed.




Client - 2fe0193b-4af9-4e9e-9ec3-94bc998d09c2.xls    Page 4                                               7/19/2010

				
DOCUMENT INFO
Description: Income Tax Refund document sample