Excel Spreadsheet

Budget Calculator

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Budget Calculations Spreadsheet

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Shared by: Vishal M
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6/9/2009
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Budget planner When to use: Remember to think about what budget stage you are exploring and change your entries to suit. For example, once you buy your house, you may no longer be paying rent but you may have a mortgage. You may also have different transport costs or home-related expenses such as council rates and maintenance expenses. How to use: Choose a time period (e.g. fortnightly or monthly). Type in your regular income and expenses (and optionally any cash assets you already have). Remember to use the same time period for income and expenses. Regular Income Salary or wage (after tax) Pension or Government allowance Child support or other payments Regular income from investments* Other (rent from flat mates etc) TOTAL INCOME $ $ $ $ $ $ 0.00 Regular Expenses contd. Type of income Amount received each period Personal expenses Clothes and shoes Hair and grooming Other $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 0.00 Other expenses Child care Child support payments Gifts 0.00 Donations Hobbies and sports Club memberships Subscriptions Newspapers and magazines Movies and DVDs 0.00 Restaurants and takeaway Alcohol and cigarettes Pet food Other pet costs Other $ $ $ $ $ $ $ $ $ $ $ $ $ $ Sub total Medical expenses Doctor Medicines Dentist Other Cash Assets Type of Cash Asset Money in a savings account Other TOTAL CASH ASSETS $ $ $ 0 Household expenses Telephone - landline Telephone - mobile Gas Electricity Water Council rates Body corporate fees (if applicable) Internet $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Educational expenses School fees University/TAFE fees Tuition Books and uniforms Camps/excursions Extracurricular activities Other $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 0.00 Sub total Insurance Home and contents Car Health Income protection Life Other Sub total Cash at hand Emergency cash amounts $ $ $ FALSE 0.00 Sub total TOTAL INCOME Sub total = SAVINGS 0.00 Regular Expenses Cable/TV Pest inspections Swimming pool chemicals and maintenance Painting - internal, external, decks Airconditioning maintenance Furniture Appliances Groceries Gardening Other Other Sub total Debt repayments Mortgage/rent Car loan HECS/HELP payments Credit cards Personal loans Store cards Lay-bys Rental arrangements (e.g. appliances) Hire Purchase/Interest free Other RESULTS TOTAL EXPENSES Budget Net Result $0.00 $0.00 HOW MANY TIME PERIODS? $0.00 TOTAL SAVINGS** * include income such as rent from an investment property, managed fund distributions, or dividends from shares. Savings Forecast ** includes pre-existing cash assets Home purchase costs - before you buy 0 Stamp duty Professional valuations Pest, building & swimming pool inspections Buyer’s agent costs Legal/conveyancing costs Search fees Other $ $ $ $ $ $ $ $ $ $ $ $ $ 0.00 Building insurance Mortgage insurance Loan application fees Moving costs Electricity Gas connection Phone and internet connections 0.00 Electrical safety switches Pro rata rates/ body corporate fees Other $0.00 FALSE Home purchase costs - at sale $ $ $ $ $ $ $ $ $ $ Sub total Transport expenses Car registration Parking Fuel Repairs/maintenance Public transport Roadside Assistance Other $ $ $ $ $ $ $ $ $ 0.00 Sub total Savings Superannuation contributions Regular savings Regular investments Other $ $ $ $ $ $ $ $ 0.00 Savings Goals Sub total Other Savings goals Holiday Car Home entertainment Other Sub total 0.00 Sub total $ 0.00 Sub total Sub total $ 0.00

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