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					                               Personal Information Sheet

Purpose:                To provide quick reference for vital household data.
Instructions:           Provide the personal and financial data requested below.

                                You                  Spouse
Name
Birthdate
Marital Status
Address
Phone
E-Mail
Social Security #
Driver's License #

Place of Employment
Address
Phone
Position
Length of Service

Checking Acct. #
Financial Institution
Address
Phone

Dependent Data

        Name                  Birthdate            Relationship        Social Security #
                                Financial Institutions and Advisors

Name:                Jerry L. Basford

Attorney                                                  Credit Card
  Name                                                     Issuer
  Address                                                  Address

 Phone                                                      Phone
 Fax                                                        Fax
 E-Mail                                                     Acct. #
                                                            Exp. Date
                                                            Limit

Primary Financial Institution                             Credit Card
  Name                                                     Issuer
  Address                                                  Address

 Phone                                                      Phone
 Fax                                                        Fax
 Checking Acct. #                                           Acct. #
 Savings Acct. #                                            Exp. Date
 Loan #                                                     Limit


Insurance (home/auto)                                     Tax Preparer
  Agent                                                     Name
  Company                                                   Firm
  Address                                                   Address

 Phone                                                      Phone
 Fax                                                        Fax
 Policy #                                                   E-Mail
 E-Mail


Insurance (life/health)                                   Real Estate Agent
  Agent                                                    Name
  Company                                                  Company
  Address                                                  Address

 Phone                                                      Phone
 Fax                                                        Fax
 E-Mail                                                     E-Mail
 Policy #


Investment Broker                                         Investment Company
  Name                                                      Name
  Address                                                   Address

 Phone                                                      Phone
 Fax                                                        Fax
 E-Mail                                                     Acct. #
 Acct. #                                                    E-Mail
                                                            Web Site
                                                    Financial Documents and Records

Name:                                       Jerry L. Basford

                                                                  Safe Deposit          Other
                   Item                           Home File           Box             (Specify)


Money Management Records
 Current Budget, financial statements                 x                                   x
 Photos/Videos of personal belongings                                  x                  x
 Serial numbers of expensive items                                     x                  x
 Inventory of safe deposit box                        x                                   x
Personal/Employment Records
 Current Resume                                       x                                   x
 Social Security Card                                 x
 Educational Transcripts                              x
 Birth, marriage, divorce certificates                x                x
 Citizenship, military papers                                          x
 Adoption, custody papers                                              x
Tax Records                                           x
Financial Service/Consumer Credit
Records
  Unused, cancelled checks                            x
  Savings, passbook statements                        x
  Savings certificates/certificates of deposit                         x
  Credit card information, statements                 x
  Credit contracts                                                     x
Consumer Purchases, Housing, and
Automobile Records
 Warranties, receipts                                 x
 Owner's manual                                       x
  Lease or mortgage papers, title, deed,
  property tax information                                             x
  Automobile title                                                     x
  Auto registration                                   x
  Auto service record                                 x
Insurance Records
  Insurance policy                                    x
  Home inventory                                                       x                  x
  Medical information (medical history)               x
Investment Records
  Broker statements                                   x
  Dividend reports                                    x
  Stock/bond certificates                                              x
                                Creating Your Personal Goals
Name:        Jerry L. Basford

1. Evaluate your current financial situation
2. Set short-term, intermediate-term, and long-term goals
3. Before finalizing your goals, use the table titled "How Much Do You Need To Save Each Month To Meet Your Goals?"
to determine if your goals are financially realistic.
4. Once you've determined your goals are realistic, finalize them. Replace "Goal 1", "Goal 2", etc. with your goals
by typing your goals over them.
5. Rank your goals. Now that you have them on the spreadsheet, put your most important goal in each category on the
first line, your second most important goal on the second line, etc. until you are finished.
6. Review your goals annually to determine if you need to revise them.




                                      Personal Financial Goals
                         Short-Term Goals                                  Dollar Amount              Date to
                          Financial Goal                                   to Accomplish           Accomplish By
Goal 1
Goal 2
Goal 3
Goal 4
Goal 5


                      Intermediate-Term Goals
Goal 1
Goal 2
Goal 3
Goal 4
Goal 5

                          Long-Term Goals
Goal 1
Goal 2
Goal 3
Goal 4
Goal 5
                               Balancing Goals

                                   Weekly Goals

                                     Goal                             Date
 Spiritual

Relational

 Physical

Emotional


Example
                                   Weekly Goals

                                     Goal                             Date
 Spiritual Spend 15 minutes each day praying, meditating or   Daily
           planning
Relational Have date night every Friday with my spouse        Friday 8/17
           Take the kids to a ball game                       Saturday 8/18
 Physical Work out 30 minutes a day                           Daily

Emotional Read an uplifting book
     Creating Your Income Statement
            and Balance Sheet
Name:      Jerry L. Basford


                   Personal Balance Sheet
                         February
                            2009
Assets
Liquid Assets                          $ Amount      % of Total
          Cash                                        #DIV/0!
          Checking account                            #DIV/0!
          Savings account                             #DIV/0!
          Other liquid assets                         #DIV/0!
          Total liquid assets                     $0 #DIV/0!

Household Assets
         Home                                          #DIV/0!
         Car                                           #DIV/0!
         Furniture                                     #DIV/0!
         Other household assets                        #DIV/0!
         Total household assets                   $0   #DIV/0!

Investment Assets
         Stocks                        $0              #DIV/0!
         Bonds                                         #DIV/0!
         Mutual Funds                                  #DIV/0!
         Other investments                             #DIV/0!
         Total investment assets                  $0   #DIV/0!

Real Estate
          Residence                                    #DIV/0!
          Vacation home                                #DIV/0!
          Other                                        #DIV/0!
          Total real estate                       $0   #DIV/0!

Total Assets                                      $0   #DIV/0!

Liabilities and Net Worth
Current Liabilities
           Loans                                       #DIV/0!
           Credit card balance                         #DIV/0!
           Other current liabilities                   #DIV/0!
           Total current liabilities              $0   #DIV/0!

Long-Term Liabilities
         Mortgage                                      #DIV/0!
           Car loan                                #DIV/0!
           Other long-term liabilities             #DIV/0!
           Total long-term liabilities        $0   #DIV/0!

Total Liabilities                             $0   #DIV/0!


Net Worth                                $0
    Creating Your Income Statement
           and Balance Sheet
Name:      Jerry L. Basford


           Personal Income and Expense Statement
                         for the year

                                 2009
Cash Inflows (Revenues)              Budget           Actuals       Variance
          Gross Income           $       -        $        -        $    -
          Gross Income                   -                 -             -
                                                                    $    -
Total Cash Inflows               $       -        $        -        $    -
Cash Outflows (Expenses)
          Taxes                  $       -        $        -             -
          Savings                        -                 -             -
          Donations                      -                 -             -
          Food                           -                 -             -
          Credit Cards/Loans             -                 -             -
          Medical/Insurance              -                 -             -
          House/Utilities                -                 -             -
          Grooming/Toiletries            -                 -             -
          Pets                           -                 -             -
          Vehicles                       -                 -             -
          Subscriptions/Books            -                 -             -
          Entertainment/School           -                 -             -
          Clothes/Misc.                  -                 -             -

Total Cash Outflows              $       -        $        -        $    -
Net Cash Flows                               $0                $0   $    -

Name:      Jerry L. Basford


           Personal Income and Expense Statement
                       for the month of
                            January
                             2009
Cash Inflows (Revenues)              Budget           Actuals       Variance
          Gross Income                                              $    -
          Gross Income                                                   -
                                                                    $    -
Total Cash Inflows               $       -        $        -        $    -
Cash Outflows (Expenses)
    Creating Your Income Statement
           and Balance Sheet
         Taxes                                                -
         Savings                                              -
         Donations                                            -
         Food                                                 -
         Credit Cards/Loans                                   -
         Medical/Insurance                                    -
         House/Utilities                                      -
         Grooming/Toiletries                                  -
         Pets                                                 -
         Vehicles                                             -
         Subscriptions/Books                                  -
         Entertainment/School                                 -
         Clothes/Misc.                                        -

Total Cash Outflows             $   -        $   -        $   -
Net Cash Flows                          $0           $0   $   -


          Personal Income and Expense Statement                   Person
                      for the month of
    Creating Your Income Statement
           and Balance Sheet
                                 February
                                      2009
Cash Inflows (Revenues)                Budget           Actuals       Variance
          Gross Income                                                $    -
          Gross Income                                                     -
                                                                      $    -
Total Cash Inflows                 $       -        $        -        $    -
Cash Outflows (Expenses)
          Taxes                                                            -
          Savings                                                          -
          Donations                                                        -
          Food                                                             -
          Credit Cards/Loans                                               -
          Medical/Insurance                                                -
          House/Utilities                                                  -
          Grooming/Toiletries                                              -
          Pets                                                             -
          Vehicles                                                         -
          Subscriptions/Books                                              -
          Entertainment/School                                             -
          Clothes/Misc.                                                    -

Total Cash Outflows                $       -        $        -        $    -
Net Cash Flows                                 $0                $0   $    -


           Personal Income and Expense Statement                                 Person
                       for the month of
                             March
                             2009
Cash Inflows (Revenues)                Budget           Actuals       Variance
          Gross Income                                                $    -
          Gross Income                                                     -
                                                                      $    -
Total Cash Inflows                 $       -        $        -        $    -
Cash Outflows (Expenses)
          Taxes                                                            -
          Savings                                                          -
          Donations                                                        -
          Food                                                             -
          Credit Cards/Loans                                               -
          Medical/Insurance                                                -
          House/Utilities                                                  -
Creating Your Income Statement
       and Balance Sheet
  Grooming/Toiletries            -
  Pets                           -
  Vehicles                       -
  Subscriptions/Books            -
  Entertainment/School           -
  Clothes/Misc.                  -
       My Day-to-Day Expenses

Date    Expense                 Cash/check   Charge
          Finding a Financial Planner
               Checklist for Interviewing a Financial Planner

Planner Name:
Company:
Address:
Phone:
Date of Interview:

Do you have experience in providing advice on the
topics below? If yes, indicate number of years
      Retirement planning
      Investment planning
      Tax planning
      Estate planning
      Insurance planning
      Integrated planning
      Other

What are your areas of specialization?


What qualifies you in this field?


How long have you been offering financial advice
to clients?
       Less than one year
       One to four years
       Five to ten years
       More than ten years

How many clients do you currently have?
    Less than ten clients
    10 to 39
    40 to 79
    80 +

Briefly describe your work history




What are your education qualifications?
           Finding a Financial Planner
                  Checklist for Interviewing a Financial Planner

Give area of study
     Certificate
     Undergraduate degree
     Advanced degree
     Other

What financial planning designation(s) or certification(s)
do you hold?
     Certified Financial Planner certification
     Certified Public Accountant
     Chartered Financial Consultant
     Other(s)

What financial planning continuing education requirements do you fulfill?
    hours every


What licenses do you hold?
    Insurance
    Securities
    CPA
    J.D.
    Other

Are you personally licenses or registered as an Investment Adviser with the
     State(s)?
     Federal Government?

Is your firm licensed or registered as an investment Advisor with the:
      State(s)?
      Federal Government?

If not, why not?


Will you provide me with your disclosure document Form ADV Part II or its
equivalent?
 ◦   Yes
 ◦     No
If no, why not?

What services do you offer?
          Finding a Financial Planner
               Checklist for Interviewing a Financial Planner

Describe your approach to financial planning.



Who will work with me?
    Planner
    Associate(s)


Will the same individual(s) review my financial situation?
       Yes
       No
If no, who will?

How are you paid for your services?
    Fee
    Commission
    Fee and commission
    Salary
    Other

What do you typically charge?
a. Fee:
Hourly rate
Flat fee (range)              to
Percentage of assets under management:                       percent

b. Commission:
What is the approximate percentage of the investment or premium you
receive on:
stocks and bonds
mutual funds
annuities
products
other

Do you have a business affiliation with any company whose products or
services you are recommending?
      Yes
      No
Explain:


Is any of your compensation based on selling products?
     Yes
     No
Explain:
         Finding a Financial Planner
               Checklist for Interviewing a Financial Planner



Do professionals and sales agents to whom you may refer me send
business, fees, or other benefits to you?
     Yes
     No
Explain:


Do you have an affiliation with a broker/dealer?
     Yes
     No

Are you an owner of, or connected with, any other company whose services
or products I will use?
      Yes
      No
Explain:


Do you provide a written client engagement agreement?
       Yes
       No
If no, why not?
                    Withdrawal   Deposit
Beginning Balance                          -
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List Checks Outstanding Not Charged to Your Checking Account

 Check #     Amount     Check #     Amount     Check #    Amount                             For Period Ending
                                                                                              January 1, 2005

                                                                   1. Subtract from your check register any checks listed
                                                                   on this checking statement which you have not previously
                                                                   deducted from your balance. Also add any dividends.

                                                                   2. Enter checking balance
                                                                   shown this statement here

                                                                   3. Enter
                                                                   deposits
                                                                   made later than
                                                                   the ending date
                                                                   of this statement




                                                                                       TOTAL (2 Plus 3)                 $     -

                                                                   4. In your check register check
                                                                   off all checks paid and in area
                                                                   provided at left list numbered and
                                                                   amounts of all unpaid checks
                        TOTAL                                  -
                                                                   5. Subtract total
                                                                   checks outstanding                                   $     -

                                                                   6. This amount should equal
                                                                   your check register balance                          $     -
     Determining Time Value of Money
Goals
1. Determine how much savings you will accumulate by various future
points in time.
2. Estimate how much you will need to save each year in order to achieve
the goals you have set.

Analysis
1. For each goal you set previously, make three calculations using an
interest rate that you believe you can earn on your invested savings
and one higher and one lower than that rate.


          Time Value of Money
                                                         Most Likely Pessimistic   Optimistic
Future Value of a Present Amount                          Scenario    Scenario     Scenario
Present Value
Number of Periods
Interest Rate per Period
Future Value

Future Value of an Annuity                                                                      `
Payment per Period
Number of Periods
Interest Rate per Period
Future Value

Present Value of a Future Amount
Future Amount
Number of Periods
Interest Rate per Period
Present Value

Present Value of an Annuity
Payment per Period
Number of Periods
Interest Rate per Period
Present Value
               38    40,000



               40     5,350
               41    34,650

               42       -
                43   34,650
                44    4,419
                45
                46    4,419
                47
                48
                49
                50
                51
                52
                53
                54
                55
                56      -
                57    4,419
  6        1    58
  7   40,000    59
 8a             60
 8b             61
 9a             62
 9b             63    4,419
 10             64    5,168
 11             65
 12            66a
 13
 14
15b            67
16b            68
 17            69
 18            70
 19            71
20b            72     5,168
 21            73       749
 22   40,000   74
 23

 24            76       -
 25
 26
 27
 28
 29
 30
31a
 32
 33
 34
 35
 36      -
 37   40,000
Creating Your Own Personal Financial Plan
Goals
1. Reduce taxable income (thereby reducing taxes paid) to the extent allowable by the IRS.

2. Reduce taxes paid by deferring income.

Analysis
1. Use the template below to estimate your federal income tax liability based on the 2002 guidelines
presented in the text or current tax regulations and rates. Make sure you make changes when using
this template in future years. The changes you need to make are on the "Comments" worksheet.


Select (x) one of the following as your Filing Status:

Single
Married, Filing Joint Return
Married, Filing Separate Return
Head of Household
Qualifying Widow(er) with Dependent Child
Your status will determine how you compute your taxes, as shown in Exhibit 4.6 in the text.
Gross Income Computation:
Salary (After Retirement Contribution)
Interest Income
Dividend Income
Long-term Capital Gain
Short-term Capital Gain
Gross Income                                                                                                $   -
Standard Deduction (Refer to Exhibit 4.4 in text)
Itemized Deductions
Medical Expenses
Minus .075 x Gross Income                                              $                      -
Deductible Medical Expenses                                                                       $   -
State Income Taxes
Real Estate Taxes
Interest Expense
Charitable Donations
Total Itemized Deductions                                                                         $   -
Larger of the Total Itemized Deductions or Standard Deduction                                               $   -
Exemptions $3,000           X                     (number of exemptions)                                    $   -
Taxable Income (Gross Income – Deductions and Exemptions)                                                   $   -
Tax Liability (Refer to Comments Sheet in this spreadsheet)                                                 $   -
Capital Gains Tax
Long-term Capital Gains                                                                           $   -
Long-term Capital Gains Tax Rate (From Comments Sheet)                                                10%
Capital Gain Tax                                                                                                    $0
Your Total Tax Liability (capital gains tax plus tax liability)                                                     $0

Chapter continued on next worksheet.
Creating Your Own Personal Financial Plan
 Analysis (cont.)
 2. For each of the goals you established in Chapter 1, indicate tax advantage options that may
 enable you to increase your deductions and/or reduce your gross income.


                               Personal Financial Goals
                                                                                         Tax
                                                            Dollar    Rate of Priority Advantage
 Financial Goal                                            Amount       (Low,           Options
                                                                      Return Medium, High)
 1.             0                                          #REF!     #REF!     #REF!
 2.             0                                          #REF!       0.00% #REF!
 3.             0                                          #REF!       0.00% #REF!
 4.             0                                          #REF!       0.00% #REF!
 5.             0                                          #REF!       0.00% #REF!

 Long-Term Goals
 1.          0                                                 $0     0.00%     #REF!
 2.          0                                                  0     0.00%     #REF!
 3.          0                                                  0     0.00%     #REF!
 4.          0                                                  0     0.00%     #REF!
 5.          0                                                  0     0.00%     #REF!

 2. If you are considering hiring a tax preparer, use the following questions
 as an interview guide to screen candidates.

       1. How long have you been preparing tax returns?

       2. What training have you had in the preparation of tax returns?

       College degrees earned:

       Tax training courses:

       Certifications:


       3. How long have you worked for this organization?


       4. Do you carry professional liability insurance?

       5. Is this your full-time job?

       6. If I am audited, are you authorized to represent me
       before the IRS?

       7. How many hours of continuing professional education are you required
       to have each year to maintain your employment?

       8. How many tax returns do you prepare a year?

       9. What type of software does your firm use to prepare
       returns?
Creating Your Own Personal Financial Plan
       10. What percentage of the returns done by you have
       been audited?

 Decisions
 1. Describe the actions you will take to achieve tax savings (i.e., increasing
 deductions or reducing gross income) in the present year.




 2. Detail the means by which you will reduce your tax liability (i.e., increasing
 deductions or reducing gross income) in the future.
                      Marginal and Average Tax Rates


 Name:    Jerry L. Basford

Your Marginal Tax Rate                                 Yours    Example
         Fica Taxes                                               7.65%
         Marginal federal income tax rate                        28.00%
         Marginal state income tax rate                           7.00%
         Total Marginal Tax Rate                           0.00% 42.65%

How much must you earn to have $1 of after-tax income?
       (Divide $1 by (1 - total marginal tax rate)) $ 1.00        $   1.74

How much must you earn to have $1 of after-tax expenditure?
       Sales Tax rate                                       8.00%

         Divide Line 1 by (1- sales tax)               $   1.00   $   1.90
                                  Creating Your Own Personal Financial Plan
Goals
1. Identify the banking services that are most important to you.
2. Determine which financial institution will provide you with the best banking services.

Analysis

1. Evaluate what banking services are most important to you with a score of "10" for the
most important and "1" for the least. Then evaluate five financial institutions with respect
to the services offered; rate the institutions from "5" as the best for that service to "1" as the
worst. The template will calculate scores for each institution.


                                                     Banking Services Scorecard
                                          COMMERCIAL: BANK       SAVINGS INSTITUTION       CREDIT UNION            INSTITUTION 4          INSTITUTION 5
   SERVICES OFFERED            PRIORITY   RANKING   SCORE        RANKING    SCORE       RANKING      SCORE       RANKING    SCORE       RANKING    SCORE
1. Hours of operations -
evenings, Saturdays                                          0                      0                        0                      0                      0
2. Locations - proximity to
work and home                                                0                      0                        0                      0                      0
3. Fees/Minimum balance
for checking accounts                                        0                      0                        0                      0                      0
4. Fees for ATM usage                                        0                      0                        0                      0                      0
5. Interest rate on savings
accounts                                                     0                      0                        0                      0                      0
6. Interest rate on checking
accounts                                                     0                      0                        0                      0                      0
7. VISA/Master Card
available and annual fee                                     0                      0                        0                      0                      0
8. Interest rate on home
loans                                                        0                      0                        0                      0                      0
9. Interest rate on car
loans                                                        0                      0                        0                      0                      0
10. Safety deposit boxes
and rental rates                                             0                      0                        0                      0                      0
TOTAL SCORE FOR
EACH INSTITUTION                                             0                      0                        0                      0                      0

Chapter continued on next worksheet.
                  Creating Your Own Personal Financial Plan
           2. In the chart below, enter the amount of money you currently have on deposit or would like to have on
           deposit next to the appropriate depository account. After you have done this, go the the Web site of two
           financial institutions and find the interest rates currently being paid for each of type of account selected
           and compare the annual returns.


                                                                                        Institution 1                   Institution 2
           Account Type                                      Amount              Interest        Total Annual     Interest   Total Annual
                                                            on Deposit             Rate            Return           Rate       Return
           Checking Account                                                                      $         -                 $         -
           NOW Account                                                                                     -                           -
           Savings Deposit                                                                                 -                           -
           CD-6 months                                                                                     -                           -
           CD-12 months                                                                                    -                           -
           CD-18 months                                                                                    -                           -
           CD-24 months                                                                                    -                           -
           CD-36 months                                                                                    -                           -
           CD-48 months                                                                                    -                           -
           CD-60 months                                                                                    -                           -
           Money Market Deposit Account                                                                    -                           -



                                                                        Return Comparison


                    Money Market Deposit Account

                                  CD-60 months


                                  CD-48 months

                                  CD-36 months

                                  CD-24 months


                                  CD-18 months

                                  CD-12 months

                                    CD-6 months

                                 Savings Deposit

                                   NOW Account


                               Checking Account



                                                   $-           $0.20           $0.40             $0.60         $0.80        $1.00

                                                                                Institution 2   Institution 1




List Checks Outstanding Not Charged to Your Checking Account

 Check #                   Amount                               Check #           Amount             Check #      Amount                                        For Period Ending
                                                                                                                                                                 June 23, 2003

                                                                                                                                            1. Subtract from your check register any checks listed
                                                                                                                                            on this checking statement which you have not previously
                                                                                                                                            deducted from your balance. Also add any dividends.

                                                                                                                                            2. Enter checking balance
                                                                                                                                            shown this statement here

                                                                                                                                            3. Enter
                                                                                                                                            deposits
                                                                                                                                            made later than
                                                                                                                                            the ending date
                                                                                                                                            of this statement




                                                                                                                                                         TOTAL (2 Plus 3)                $    -

                                                                                                                                            4. In your check register check
                                                                                                                                            off all checks paid and in area
                                                                                                                                            provided at left list numbered and
                                                                                                                                            amounts of all unpaid checks
                                                        TOTAL                                                           -
                                                                                                                                            5. Subtract total
                                                                                                                                            checks outstanding                           $    -

                                                                                                                                            6. This amount should equal
                                                                                                                                            your check register balance                  $    -




           Decisions
           1. Describe the services and characteristics that are of most importance to you about a financial institution.




           2. Which of the financial institutions you evaluated is most optimal for your needs? Why?
Creating Your Own Personal Financial Plan
  Goals
  1. Maintain sufficient liquidity to ensure that all your anticipated bills are paid on time.
  2. Maintain sufficient liquidity so that you can cover unanticipated expenses.
  3. Invest any excess funds in deposits that offer the highest return while ensuring
  liquidity.

  Analysis
  1. Review the cash flow statement you prepared in Chapter 3 and assess your liquidity.

  Click here to go to the Cash Flow Statement

  2. Evaluate the short-term goals you created in Chapter 1 as high, medium, or low with
  respect to liquidity, risk, fees/minimum balance, and return.


              Short-term Goal Prioritization of Factors

                                                                      FEES/MINIMUM
          SHORT-TERM GOAL                  LIQUIDITY      RISK          BALANCE    RETURN
  0
  0
  0
  0
  0


  3. Rank each of the money market investments as good, fair, or poor with respect to liquidity, risk,
  fees/minimum balance, and return.

                                                                     FEES/MINIMUM
    MONEY MARKET INVESTMENT                LIQUIDITY      RISK         BALANCE            RETURN
  Checking Account
  NOW Account
  Savings Account
  Money Market Deposit Account
  (MMDA)
  Certificate of Deposit
  Treasury Bill
  Money Market Fund
  Asset Management Account

  Decisions
  1. Describe how you will ensure adequate liquidity to cover anticipated expenses.




  2. Detail how you will ensure liquidity to meet unanticipated expenses.




  3. Explain which money market investments will be most effective in reaching your
  short-term goals.
             Understanding Your Credit Charges

           Loan or Line of Credit                APR
Home Mortgage (tax advantaged)
Home Equity Loan (tax advantaged)
Student Loan (tax advantaged)
Unsecured Personal Loan
Personal Auto Loan


List all credit and store cards:
          Create Your Own Personal Financial Plan
Obtain a copy of your credit report from www.transunion.com or www.creditbase.com,
scrutinize the report, and report any inaccuracies to the credit bureaus.
www.equifax.com
www.experian.com
www.transunion.com


2. Using the MSN homepage, determine your overall creditworthiness. At www.msn.com, click on
the tab entitled ―Money‖ and then click on ―Planning.‖ When the ―Savings and Debt Management‖
page comes up, go to the section entitled ―Debt Evaluator‖ and follow the instructions.
www.msn.com

3.Referring to your personal cash flow statement, determine how much excess cash inflows
you have each month. Based on this amount, set a self-imposed credit limit each month so that
you can pay your balance off in full. If you have existing credit card debt, use the template below to
determine how many months it will take to pay off your balance at three different monthly payment
amounts. Revise your cash flow statement based on your decisions.

Click here to go to the Cash Flow Statement

                            Alternative 1   Alternative 2    Alternative 3
Credit Card Debt
Monthly Payment
Interest Rate per Year
Months to Pay off Debt                -               -                  -

4. Use the following template to select a credit card with favorable terms.
Rate the cards from five being the best in an area to one being the worst.
           Create Your Own Personal Financial Plan
                             Bank Credit Card Scorecard

                                          CREDIT CARD ISSUER
        QUESTION                 1        2           3        4       5
1. Annual fee
2. Interest rate on
purchases
3. Interest rate on cash
advances
4. Transaction fee for
cash advances
5. Insurance on
purchases
6. Credit earned toward
purchases at selected
businesses
7. Frequent flyer miles
8. Free delivery on mail
order purchases
9. Phone card capability
10. Credit limit available
11
12
13
14
15
TOTAL                                0        0            0       0       0
                    Stocks at           Credit Card at
                      12%                    18%

Beginning Balance           $3,000.00               $3,000.00
Year 1                      $3,360.00               $3,540.00
Year 2                      $3,763.20               $4,177.20
Year 3                      $4,214.78               $4,929.10
Year 4                      $4,720.56               $5,816.33
Year 5                      $5,287.03               $6,863.27
Year 6                      $5,921.47               $8,098.66
Year 7                      $6,632.04               $9,556.42
Year 8                      $7,427.89              $11,276.58
Year 9                      $8,319.24              $13,306.36
Year 10                     $9,317.54              $15,701.51
                                     How Many Monthly Payments You'll Need to Kill Your Debt


This table can help you get a rough sense of how long it will take you to get rid of your credit
card debt entirely, regardless of how much you have. Here's how it works: Look down the
far-left column and ask yourself what percentage of your debt you can comfortably commit
to pay off each month. If, for example, you have $1,000 in debt, you may decide that you
can pay of 3% of $1,000, or $30, every month until the balance is completely wiped out.
Now look across the top row and find the annual interest rate charged by your credit card.
Say it's 18%. The point at which 3% intersects with 18% is the number of months it will take
you to pay off your debt. In this case, the answer is 47 months. But if you're able to
refinance that debt witha credit card taht charges only a 10% annual rate, the number of
monthly payments you'd make would be 39.

                                                                   Annual Interest Rate
                                                     8%     10%        12%          14%   16%   18%
    Payment as a % of Initial Debt




                                            2%       61       65         70         75     83    93
                                            3%       38       39         41         42     44    47
                                            4%       27       28         29         30     31    32
                                            5%       21       22         22         23     23    24
                                           10%       10       10         11         11     11    11
                                           15%        7        7          7          7      7     7
                                           20%        5        5          5          5      5     5
                                           25%        4        4          4          4      4     4

Source: AT&T Universal Card Services.
                                Your Personal Financial Plan
                   Planning for Replacement Cost of Consumer Durables

     Concern           2005       2006      2007     2008      2008     2009    2010
Household Goods:




Automobiles:




Total Annual Net
Replacement Cost      $       -   $    -   $     -   $    -    $    -   $   -   $   -
                          Comparison of Automobile Costs

                                      Name: Jerry L. Basford

                                                   Auto 1                Auto 2


Insurance                                      $             -       $             -
License, Registration, Taxes                                 -                     -
Depreciation                                                 -                     -
Finance Charges                                              -                     -
Other Ownership Cost                                         -                     -
                    Total Cost of Ownership $                    -   $                 -



Cost of Operation
       Annual Miles Driven                                   -                     -
       MPG                                                   -                     -
       Total Gallons of Gasoline
       Average Price per Gallon                $             -       $             -
       Cost of Gasoline
       Oil, Maintenance and Tires                            -                     -
       Other Operating Costs                                 -                     -
                     Total Cost of Operation


Total Cost of Ownership                        $                 -   $                 -
Total Cost of Operation
Total Cost of Ownership and Operation              #VALUE!               #VALUE!
Total Cost Per Mile                                #VALUE!               #VALUE!
       Ownership Cost Per Mile                     #DIV/0!               #DIV/0!
       Operating Cost Per Mile                     #VALUE!               #VALUE!
                                               Analysis of Debt Ratios

                                                               Name: Jerry L. Basford
                                                                         (1)         (2)         (3)         (4)
                                                                      Amount      Monthly     Monthly     Monthly
                                                                                 Payment      Interest    Principal
                                                                                                         Repayment
Short-term debt
  Credit card #1                                                         $   -        $   -   $    -     $    -
  Credit card #2                                                             -            -        -          -
  Credit card #3                                                             -            -        -          -
  Credit card #4                                                             -            -        -          -
  Car loan #1 amount due in one year                                         -            -        -          -
  Car loan #2 amount due in one year                                         -            -        -          -
  Car loan #3 amount due in one year                                         -            -        -          -
  Installment loan #1 amount due in one year                                 -            -        -          -
  Installment loan #2 amount due in one year                                 -            -        -          -
  Other short-term debt                                                      -            -        -          -
    _________________                                                        -            -        -          -
    _________________                                                        -            -        -          -

Total short-term debt (A)                                                $   -        $   -   $    -     $    -

Long-term debt
  Car loan #1 amount due beyond one year                                 $   -        $   -   $    -     $    -
  Car loan #2 amount due beyond one year                                     -            -        -          -
  Car loan #3 amount due beyond one year                                     -            -        -          -
  Installment loan #1 amount due beyond one year                             -            -        -          -
  Installment loan #2 amount due beyond one year                             -            -        -          -

  First mortgage--primary residence                                      $   -        $   -   $    -     $    -
  First mortgage--secondary residence                                        -            -        -          -
  Home equity loan                                                           -            -        -          -

  Loan secured by retirement account                                     $   -        $   -   $    -     $    -
  Loan secured by insurance policy                                           -            -        -          -
  Broker's loan on margin account                                            -            -        -          -
  Other long-term debt:                                                      -            -        -          -
    _________________                                                        -            -        -          -
    _________________                                                        -            -        -          -
    _________________                                                        -            -        -          -

Total long-term debt (B)                                                 $   -        $   -   $    -     $    -
Total debt (C)                                                           $   -        $   -   $    -     $    -
Total monthly payments                                                   $   -
Annual payments (D)                                                      $   -

List:
Expected income over next 12 months                                      $   -
Expected Taxes                                                           $   -
Expected income minus expected taxes (E)                                 $   -
Total assets (F)                                                                 $0
Liquid assets (G)                                                                $0

Debt Analysis Ratios

  1. Liquid assets to take-home pay = G/E                                #DIV/0!
  Evaluate
  2. Liquidity Ratio: Liquid assets to current liabilities = G/A         #DIV/0!
  Evaluate
  3. Debt Ratio:Total liabilities to total assets = C/F                  #DIV/0!
  Evaluate
  4. Debt service coverage = E/D(col 2)                                  #DIV/0!
  Evaluate
                                                                        Buy Vs. Finance Your Car
                                                                     (Complete highlighted cells only!!)
Cash Purchase                                                                              Example                             Your Car

Line 1                           Negotiated sales price                                                $   25,000
Line 2                           Divide Negotiated sales price by 1,000                           25
Line 3                           Savings rate (the interest rate you could earn on $)          3.5%
Line 4                           Number of years financed                             4                                   0
                                 (How many months would you
                                 finance if you had financed instead?
                                 Make sure this number matches line 21 below                      48
Line 5                           Savings factor
                                 (Insert value from Savings Factor chart, below,
                                 where your interest rate intersects with the
                                 number of months you would finance.)                       1150.04
Line 6                           Multiply line 2 by line 5                              $   28,751
Line 7                           Interest income lost by using cash to buy car
                                 (Line 6 - Line 1)                                      $     3,751
Line 8                           Your income-tax rate                                           27%
Line 9                           Taxes on interest income (Line 7 x Line 8)             $     1,013
Line 10                          Total income forsaken (Line 7 - Line 9)                $     2,738
                                 Total Cash Cost (Line 1 + Line 10)                                    $   27,738


                                                                         Savings Factor Chart
                                                                             Interest Rate
                                                       1.50%       2.00%     2.50%         3.00%            3.50%     4.00%
                                            12        1015.10     1020.18 1025.29         1030.42          1035.57   1040.74
                                            24        1030.44     1040.78 1051.22         1061.76          1072.40   1083.14
          # of Months Financed




                                            36        1046.00     1061.78     1077.80       1094.05        1110.54   1127.27


                                            48        1061.80     1083.21     1105.06       1127.33        1150.04   1173.20

                                            60        1077.83     1105.08     1133.00       1161.62        1190.94   1221.00
                                            72        1094.11     1127.38     1161.65       1196.95        1233.30   1270.74

Finance Purchase                                                                            Example                            Your Car

Line 11   Negotiated sales price (same as line 1, above)                                $    25,000
Line 12   Down payment                                                                                      2,500
Line 13   Divide down payment by 1,000                                                           2.5
Line 14   Multiply Line 13 by Line 5                                                    $     2,875
Line 15   Interest income lost by using down payment
          (Line 14- Line 12.)                                                           $       375
Line 16   Taxes on interest income (Line 15 x Line 8)                                   $       101
Line 17   Total income forsaken (Line 15 - Line 16)                                                    $      274
Monthly payments
Line 18   Financed amount (Line 11 - Line 12.)                                               22,500
Line 19   Divide finance amount by 1,000                                                       22.5
Line 20                          Interst rate on car loan                                  2.90%
Line 21                          Number of months financed (from line 4, above)        $      48
Line 22                          Money factor
                                 (Insert value from chart where Interest Rate
                                 intersects Number of months financed.)                $   22.09
Line 23                          Monthly payment (Line 22 x Line 19.)                  $     497
Line 24                          Total of all payments (Line 23 x Line 21.)                         $   23,857
                                 Total Finance Cost (Line 12 + Line 17 + Line 24)                   $   26,631

                                                                           Money Factor Chart

                                                                              Interest Rate
                                                       0.9%        1.9%        2.9%         3.9%         4.9%    5.9%
                                            12         83.74       84.19       84.65         85.1        85.56   86.02
                                            24         42.06        42.5       42.94        43.38        43.83   44.28
          # of Months Financed




                                            36         28.16        28.6       29.04       29.48         29.93   30.38


                                            48         21.22       21.65       22.09       22.53         22.98   23.44

                                            60         17.05       17.48       17.92       18.37         18.86   19.29
                                            72         14.27       14.71       15.15        15.6         16.06   16.53
Your Car

                $      -
         0
      0.0%



            0



            0
$      -

$      -
           0%
$      -
$      -
                $      -




     4.50%           5.00%
    1045.94         1051.16
    1093.99         1104.94



    1144.25         1161.47


    1196.81         1220.90

    1251.80         1283.36
    1309.30         1349.02

Your Car

$      -

       -
$      -

$      -
$      -
                $      -

       -
       -
$    -



$    -
            $    -
            $    -




    6.9%        7.9%
    86.48       86.94
    44.73       45.18



    30.83       31.29


     23.9       24.37

    19.75       20.23
       17       17.48
                       Purchase With Rebate vs. 0% Financing                          To determine the m
                           (Complete highlighted cells only!!)                                    the fol
         Purchase With Rebate                   Example                Your Car

Negotiated sales price                       $ 13,230
Manufacturer's rebate                           2,000
Adjusted cost                                  11,230                  -
Down payment                                             $     2,000
Net cost                                         9,230                 -
Monthly payment-complete form at right
(2.9% for 36 months)                               268                 -
Total of all monthly payments                                  9,648
Total Cost of Purchase with Rebate                       $    11,648       $      -

              0% Finance                            Example            Your Car

Negotiated sales price                       $ 13,230
Manufacturer's rebate                             -
Adjusted cost                                  13,230                  -
Down payment                                             $     2,000
Net cost                                        11,230                 -
Monthly payment-complete form at right
(0% for 36 months)                                 312                 -
Total of all monthly payments                                 11,230              -
Total Cost of 0% Financing                               $    13,230       $      -

          Total Cost of 0% Financing

          In the short term it is better to get 0% financing
          Monthly savings
          (Difference between monthly amounts)          $        44        $      -

          In the long term it is better to   purchase with rebate
          Savings over life of the loan
          (Monthly savings x loan term)                  $     1,582       $      -
 To determine the monthly payment complete
                 the following table:
Terms/Assumptions
Principal balance (net cost)           9,230
Interest rate                          2.90%
Number of payments                        36
Calculated payment:                   268.01




Terms/Assumptions
Principal balance (net cost)        11,230
Interest rate                        0.00%
Number of payments                      36
Calculated payment:                 311.94
                                Loan Evaluation
Loan One
  DESCRIPTION OF                           ADVANTAGES OF   DISADVANTAGES OF
       LOAN             SOURCES FOR LOAN      SOURCE            SOURCE
                   1.


                   2.


                   3.



Loan Two
  DESCRIPTION OF                           ADVANTAGES OF   DISADVANTAGES OF
       LOAN             SOURCES FOR LOAN      SOURCE            SOURCE
                   1.


                   2.


                   3.
Loan Three
  DESCRIPTION OF                           ADVANTAGES OF   DISADVANTAGES OF
        LOAN            SOURCES FOR LOAN      SOURCE            SOURCE
                   1.


                   2.


                   3.



Loan Four
  DESCRIPTION OF                           ADVANTAGES OF   DISADVANTAGES OF
       LOAN             SOURCES FOR LOAN      SOURCE            SOURCE
                   1.


                   2.


                   3.
Decisions
1. Report how much you can afford to spend each month on personal loans.




2. Report which lenders you may consider using in the future and why.




3. For your needs, is purchasing or leasing a vehicle a better choice?
                                                        Cost of Purchasing Versus Leasing a Car
Cost of Purchasing the Car                                              Example             To determ
Down payment/trade -in/rebate                                                $5,000
Interest rate                                                                5.250%
Number of months                                                                  48
Annual forgone interest on down payment                            $       1,050.00
Monthly payment on car loan                                                  578.57
Total monthly payments                                                    27,771.26
Total cost of purchasing                                           $      33,821.26
Expected amount to be received when car is sold                           12,000.00
Total cost of purchasing                                           $      21,821.26

Cost of Leasing the Car
Security deposit                                                               $5,000
Forgone interest                                                   $         1,050.00
Monthly lease payments                                                        $396.00
Total monthly payments                                                      19,008.00
End of lease payment (if applicable)                                         1,500.00
Total cost of leasing                                              $        26,558.00



                                  Cost of Purchasing Vs. Leasing

                                               $21,821.26        $26,558.00


              $30,000.00

              $20,000.00

              $10,000.00

                     $-
                                                        1

                             Total cost of purchasing       Total cost of leasing
easing a Car
            To determine the monthly payment complete
                             the following table:
       Terms/Assumptions
       Principal balance (price of car - downpayment) 25,000
       Interest rate                                   5.25%
       Number of payments                                 48
       Calculated payment:                            578.57
                     How Much House Can You Afford?
Name:                                              Jerry L. Basford

1. Annual gross income                                         $75,600.00
2. Monthly gross income                                            $6,300

Housing Expense Test
3. Housing expense-to-income ratio                                   28%
4. Allowable housing expenditure                                  $1,764
5. Estimated nonmortgage housing payment                              340
6. Affordable monthly mortgage payment under housing              $1,424
   expense test

Debt Repayment Test
7. Debt repayment-to-income ratio                                    36%
8. Allowable debt payment                                         $2,268
9. Monthly installment debt and alimony                             $474
10. Total nonmortgage expense and installment                       $814
       debt repayment
11. Affordable monthly mortgage payment                           $1,454
      under debt repayment test

Your Affordable Home Purchase
12. Affordable monthly mortgage                                   $1,424
    (lesser of Line 11 or Line 6)
** Contract rate on home mortgage                                   0.08
** Duration of loan (months)                                      360.00
13. Monthly payment per $1,000 mortgage                            $7.34
14. Your affordable mortgage                                    $194,068
15. Fractional amount borrowed                                      0.80
16. Your affordable home purchase                               $242,585
  Required Down Payment                                          $48,517
                Estimate of Closing Cost (Buyer)

Name:

                    Item                           Amount
Appraisal                                          $   -
Attorney's fees
Credit Report
Down payment
Flood Zone Determination Fee
Initial mortgage payment
Inspections of property
Interest points charged by the lender
Loan assumption fee
Loan origination or discount fees
Prepaid homeowner's insurance for first year
Prepaid mortgage insurance
Property survey
Prorated property taxes
Recording fees
State and local closing taxes and fees
Title Search and insurance
Other closing costs
Amount needed at closing                           $   -
Creating Your Own Personal Financial Plan
 Goals
 1. Limit the amount of mortgage financing to an affordable level; determine if homeownership
 or renting is better financially.
 2. Select the shortest loan maturity with affordable monthly payments.
 3. Select the mortgage loan type (fixed or adjustable rate) that is most likely to result in
 the lowest interest expenses.

 Analysis
 1. The amount of house that a person can afford is affected by many factors. The templates
 below will help you to determine the impact of interest rates, term of loan, and loan type
 (i.e., fixed or adjustable rate) on this process. Go to the Web site www.lendingtree.com. Click
 on ―Calculators‖ located under "Mortgage Services" near the bottom of the screen. Referring to
 your personal cash flow statement developed in Chapter 2, use the amount that you determined
 is available for rent as the basis for the amount of house payment that you can afford each month.
 By using trial and error on the adjustable and fixed mortgage loan calculators, adjust the amount of
 mortgage either up or down until the ―monthly payment‖ approximately equals the amount you
 determined for rent in your cash flow statement. Enter the amount of the mortgage that you
 can afford in the templates below as well as the amount of the down payment that you have
 or expect to have when you purchase a house. Repeat the process using the other interest
 rates and mortgage terms indicated in the worksheets. Remember: Maintain the same
 ―number of months between adjustments,‖ ―expected adjustments‖ and ―interest rate cap‖ for
  each of the adjustable-rate calculations.
 www.lendingtree.com

 Fixed Rate
 Interest Rate                                                           6%
 Term                                                               30 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)         $             -

 Interest Rate                                                           7%
 Term                                                               30 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)         $             -

 Interest Rate                                                           8%
 Term                                                               30 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)         $             -
Creating Your Own Personal Financial Plan

 Interest Rate                                                   6%
 Term                                                       15 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)      $       -

 Interest Rate                                                   7%
 Term                                                       15 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)      $       -

 Interest Rate                                                   8%
 Term                                                       15 Years
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)      $       -

 Adjustable Rate
 Starting Interest Rate                                          6%
 Term                                                       15 Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)

 Starting Interest Rate                                          7%
 Term                                                       15 Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)

 Starting Interest Rate                                          8%
 Term                                                       15 Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)
Creating Your Own Personal Financial Plan

 Starting Interest Rate                                     6%
 Term                                                   30Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)

 Starting Interest Rate                                      7%
 Term                                                   30 Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)

 Starting Interest Rate                                      8%
 Term                                                   30 Years
 Months Between Adjustments (not to exceed 12 months)
 Expected Adjustment
 Interest Rate Cap
 Amount of Down Payment
 Amount of Mortgage
 Total Price of House (Down Payment Plus Mortgage)

 Chapter continued on next worksheet.
        Creating Your Own Personal Financial Plan
2. At www.msn.com, search listings of homes for sale in your price range by clicking on
―House and Home‖ on the right side of the screen and then on ―Buying a House.‖ Complete the
information requested under ―‖Compare and Find Homes‖ to research cities and neighborhoods you
are interested in. Record information on homes of interest below.

www.msn.com

                                                      From            To
Price Range:
Zip Code:

Potential Homes
                                                                  MSN PRICE         MONTHLY
                   ADDRESS                         LIST PRICE     ESTIMATE          PAYMENT                         REALTOR




3. Referring to your cash flow statement and personal balance sheet, compare the monthly payment estimates to the
amount of money you are currently paying for rent. Determine the amount of a down payment you can afford to make.


Click here to see cash flow statement


Click here to see personal balance sheet                                        Down payment


4. At www.msn.com, click on ―House and Home‖ on the right side of the screen and the on
―Research Online Loans‖ at the lower left side of the page. Gather current information on loan
rates and record it below.
www.msn.com

Mortgage Type                                                                         Rate




5. Create an amortization table for the fixed-rate mortgage that is most affordable. (The template will calculate
the monthly payment based on your input.)

Loan Amount
Number of Years
Annual Interest Rate
Monthly Payment                                   $        -

                           Amortization Schedule for Year 1

               Monthly Payment                        Payment       Principal            Interest       Balance
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
                      0                                 $0.00          $0.00               $0.00         $0.00
        Creating Your Own Personal Financial Plan
Compare the allocation of principal versus interest paid per year on the loan.

                       Amortization Schedule (Annual Totals)
                                                        Total
              Annual Payments                       Payments            Principal              Interest        Balance
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00
                     0                                 $0.00               $0.00                 $0.00          $0.00


                                                Principle Vs. Interest Allocation


           $1.00
           $0.90
           $0.80
           $0.70
           $0.60
                                                                                                                   Principal
           $0.50
                                                                                                                   Interest
           $0.40
           $0.30
           $0.20
           $0.10
           $0.00
                   1     3     5    7     9    11     13    15     17     19        21   23   25   27     29

                                                           Years


Chapter continued on next worksheet.
Creating Your Own Personal Financial Plan

  6. Select the mortgage with the best terms. Compare the cost of buying a home with these mortgage terms
  to renting over a 3-year period.


             Renting Versus Owning a Home
  Cost of Renting                                      Amount         Total over
                                         Per Month     Per Year      Three Years
  Rent                                               $       -      $          -
  Renter's Insurance                                                             0
  Opportunity cost of security deposit                                           0
  Total cost of renting                              $         -    $          -

  Cost of Purchasing                                   Amount         Total over
                                         Per Month     Per Year      Three Years
  Mortgage payment                                   $       -      $          -
  Down payment                                                                   0
  Opportunity cost of down payment                                               0
  Property taxes                                                                 0
  Home insurance                                                                 0
  Closing costs                                                                  0
  Maintenance costs                                                              0
  Total costs before tax benefits                                   $          -
  Tax savings on:
    Interest payments
    Property taxes                                                                 0
    Points (first year only)                                                       0
  Total tax savings                                                 $          -
  Equity investment
  Increase in home value
  Value of equity                                                   $          -
  Cost of purchasing home over three years                          $          -
Creating Your Own Personal Financial Plan

                                   Cost of Renting Vs. Purchasing Home




         $1
         $1
         $1
         $1
                                                                                      Cost of Renting
         $1
                                                                                      Cost of Purchasing
         $1
         $0
         $0
         $0
         $0
         $-




  Decisions
  1. What is the mortgage amount and down payment that you can afford?




  2. Is a fixed-rate or adjustable-rate mortgage better suited to your financial situation? What
  maturity, interest rate, and monthly payment can you afford?




  3. Describe whether homeownership or renting is preferable for you.
             Creating Your Own Personal Financial Plan
Goals
1. Ensure that your car and dwelling are adequately insured.
2. Prepare a home inventory.
3. Determine whether you should increase your auto and homeowner’s/rental insurance in the future.

Analysis
1. Review the personal balance sheet you created in Chapter 2. Which assets require coverage
from an auto or homeowner’s/rental policy? What risks should you insurance against?

Personal Balance Sheet




2. Using Web sites such as www.insurance.com and www.insweb.com, obtain three quotes from three
separate companies for automobile insurance. Have information on hand for the year, make, and
model of your vehicle and estimates for how many miles you drive per year. Base the quotations on the
limits of liability listed (e.g., bodily injury limit of $100,000/$300,000 limit). Insert the deductible you
desire in the respective blanks on the form (and be sure to maintain same deductibles for all quotes).
Input the information from each quote in the below templates to aid your comparison of the various
 policies.

www.insurance.com

www.insweb.com
             Creating Your Own Personal Financial Plan
Company A:

COVERAGE
Liability
  Bodily Injury ($100,000/$300,000 limit)
  Property Damage ($50,000 limit)
                                   Subtotal Liability   $0
No-fault Medical Expenses and Income Loss
Uninsured/Underinsured Motorist
($100,000/$300,000 limit)
Collision (            Deductible)
Comprehensive ($                  Deductible)
Emergency Road Service
                                           Subtotal     $0
Additional Charges (List):




Subtotal                                                $0
Discounts in the Premium
  Anti-lock Brakes
  Accident-free Last 7 Years
  Other Discounts (List):




                               Minus Total Discounts    $0

                                   Total Amount Due     $0
             Creating Your Own Personal Financial Plan

Company B:

COVERAGE
Liability
  Bodily Injury ($100,000/$300,000 limit)
  Property Damage ($50,000 limit)
                                   Subtotal Liability   $0
No-fault Medical Expenses and Income Loss
Uninsured/Underinsured Motorist
($100,000/$300,000 limit)
Collision (            Deductible)
Comprehensive ($                  Deductible)
Emergency Road Service
                                           Subtotal     $0
Additional Charges (List):




Subtotal                                                $0
Discounts in the Premium
  Anti-lock Brakes
  Accident-free Last 7 Years
  Other Discounts (List):




                               Minus Total Discounts    $0

                                   Total Amount Due     $0
             Creating Your Own Personal Financial Plan
Company C:

COVERAGE
Liability
  Bodily Injury ($100,000/$300,000 limit)
  Property Damage ($50,000 limit)
                                   Subtotal Liability   $0
No-fault Medical Expenses and Income Loss
Uninsured/Underinsured Motorist
($100,000/$300,000 limit)
Collision (            Deductible)
Comprehensive ($                  Deductible)
Emergency Road Service
                                           Subtotal     $0
Additional Charges (List):




Subtotal                                                $0
Discounts in the Premium
  Anti-lock Brakes
  Accident-free Last 7 Years
  Other Discounts (List):




                               Minus Total Discounts    $0

                                   Total Amount Due     $0

Chapter continued on next worksheet.
                      Creating Your Own Personal Financial Plan
Analysis (cont.)
3. Complete your home inventory using the template below. Based on your inventory, how much personal property
coverage should you have? Is replacement costs or cash value a better policy option? Do you need a personal
property floater for any high-ticket items?

In addition to facilitating the process of settling insurance claims and verifying losses, a home inventory helps you
to determine the amount of insurance you need. The complexity of your inventory will depend upon your stage in life
and family situation. It’s a good idea to include copies of sales receipts and purchase contracts with your inventory.
After completing your home inventory, print out multiple copies and file them in secure locations (safety deposit box,
fireproof box, at your parent’s home, etc.). You should also consider taking pictures of individual items or videotaping
entire rooms as further documentation.

                                           Item Description               Make and Model           Date        Estimated Estimated
                                                                                                 Acquired      Purchase Replacement
                                                                                                                 Cost      Cost
Electronics
Computer Equipment
Television
Stereo Equipment
DVD/VCR
Cellular Phone/Pager
Camera/Video Camera

Total Electronics                                                                                              $      -    $    -
Major Appliances
Refrigerator/Freezer
Stove
Washer/Dryer
Microwave
Coffee Maker
Vacuum
Blender/Food Processor

Total Major Appliances                                                                                         $      -    $    -
Clothing & Accessories
Pants
Shirts
Sweaters
Coats
Dresses
Skirts
Shoes
Accessories (belts, ties, etc.)
Watches
Rings
Earrings
Necklaces
Bracelets
Cufflinks

Total Clothing and Accessories                                                                                 $      -    $    -
Linens
Towels
Bedding

Total Linens                                                                                                   $      -    $    -
Furniture
Living Room Set
Dining Room Set
Bedroom Sets
Kitchen Set
Bookshelves
Lamps
Rugs
                      Creating Your Own Personal Financial Plan
Analysis (cont.)
3. Complete your home inventory using the template below. Based on your inventory, how much personal property
coverage should you have? Is replacement costs or cash value a better policy option? Do you need a personal
property floater for any high-ticket items?

In addition to facilitating the process of settling insurance claims and verifying losses, a home inventory helps you
to determine the amount of insurance you need. The complexity of your inventory will depend upon your stage in life
and family situation. It’s a good idea to include copies of sales receipts and purchase contracts with your inventory.
After completing your home inventory, print out multiple copies and file them in secure locations (safety deposit box,
fireproof box, at your parent’s home, etc.). You should also consider taking pictures of individual items or videotaping
entire rooms as further documentation.

                                           Item Description               Make and Model           Date        Estimated Estimated
                                                                                                 Acquired      Purchase Replacement
                                                                                                                 Cost      Cost

Total Furniture                                                                                                $      -    $    -
Art and Music
Books
CDs/Records/Audio Tapes
DVD/VCR Tapes
Artwork


Total Art and Music                                                                                            $      -    $    -
Kitchen Equipment
Dishes
Glassware
Silverware
Pots and Pans
Utensils


Total Kitchen Equipment                                                                                        $      -    $    -
Athletic Equipment


Total Athletic Equipment                                                                                       $      -    $    -
Collectibles


Total Collectibles                                                                                             $      -    $    -
Other




Total Other                                                                                                    $      -    $    -
                     Creating Your Own Personal Financial Plan
Analysis (cont.)
3. Complete your home inventory using the template below. Based on your inventory, how much personal property
coverage should you have? Is replacement costs or cash value a better policy option? Do you need a personal
property floater for any high-ticket items?

In addition to facilitating the process of settling insurance claims and verifying losses, a home inventory helps you
to determine the amount of insurance you need. The complexity of your inventory will depend upon your stage in life
and family situation. It’s a good idea to include copies of sales receipts and purchase contracts with your inventory.
After completing your home inventory, print out multiple copies and file them in secure locations (safety deposit box,
fireproof box, at your parent’s home, etc.). You should also consider taking pictures of individual items or videotaping
entire rooms as further documentation.

                                           Item Description               Make and Model                 Date     Estimated Estimated
                                                                                                       Acquired   Purchase Replacement
                                                                                                                    Cost      Cost


                                    Home Inventory (Purchase Cost)




                                                                             Electronics
                                                                             Major Appliances
                                                                             Clothing & Accessories
                                                                             Linens
                                                                             Furniture
                                                                             Art and Music
                                                                             Kitchen Equipment
                                                                             Athletic Equipment
                                                                             Collectibles
                                                                             Other




                                   Home Inventory (Replacement Cost)




                                                                              Electronics
                                                                              Major Appliances
                                                                              Clothing & Accessories
                                                                              Linens
                                                                              Furniture
                                                                              Art and Music
                                                                              Kitchen Equipment
                                                                              Athletic Equipment
                                                                              Collectibles
                                                                              Other




Chapter continued on next worksheet.
    Creating Your Own Personal Financial Plan
4. Using the following Web sites, obtain quotes for your homeowner’s or renter’s insurance
policy. After obtaining the quotes, complete the worksheets below to aid your comparison of
policies. Note: Some of these Web sites will provide you with a quote online while others will
indicate that a quote will be sent to you via U.S. mail or other medium. Insert the deductible
you desire on the form (and be sure to maintain the same deductible for all quotes).

Web sites:
www.amica.com
www.val-u-web.com/house.htm
www.savvy-bargains.com/insurance/homeowner-insurance-quote.html
www.homeownerswiz.com/
www.quotefetcher.com/home-insurance.htm

Company A

Coverage and Limits
Dwelling
Personal Property        Deductible

Personal Liability
Damage to Property of Others
Medical Payments to Others (per person)
Discounts
Annual Premium

Company B

Coverage and Limits
Dwelling
Personal Property        Deductible

Personal Liability
Damage to Property of Others
Medical Payments to Others (per person)
Discounts
Annual Premium

Company C

Coverage and Limits
Dwelling
Personal Property        Deductible

Personal Liability
Damage to Property of Others
Medical Payments to Others (per person)
Discounts
Annual Premium
    Creating Your Own Personal Financial Plan
Decisions

1. What are the key risks related to auto and homeowner’s insurance that you will insure
against?




2. What coverage levels will you maintain for your auto policy? Which of the policy quotes
you requested is most attractive? What actions can you take to receive policy discounts in
the future?




3. What coverage levels will you maintain for your homeowner’s policy? Which of the policy
quotes you requested is most attractive? What actions can you take to receive policy
discounts in the future?
                    Creating Your Own Personal Financial Plan
Goals
1. To ensure that your health and disability insurance adequately protects your wealth.
2. To develop a plan for your future health insurance needs, including long-term care.

Analysis
1. Complete the following worksheet to aid your evaluation of information provided by your
employer for your health insurance options. Which type of policy (indemnity plan, HMO, or PPO)
is best suited to your needs and budget?


Indemnity
Plan
Premium Co-pays                                        Yes                     No
  If Yes, Amount of Premium Co-pays
Coverage Eligibility                                   Self                   Two-person         Family
Coverage:
  In State                                             Yes                     No
  Out of State                                         Yes                     No
  Out of the Country                                   Yes                     No
Prescription Coverage                                  Yes                     No
  If Yes, Amount of Co-pay
Office Visits:
  Co-pay Amount
  Annual Deductible                                    Yes                     No
    If Yes, Amount of Deductible
Hospital Benefits:
  Maximum Days of Hospital Care                                                Days
  Maximum Days for Mental Health or
    Substance Abuse                                                            Days

  Co-pay                                               Yes                     No
   If Yes, Amount of Co-pay

  Annual Deductible                                    Yes                     No
   If Yes, Amount of Deductible                        Yes                     No
Outpatient Care:
  Emergency Room Care                                  Yes                     No
  Physical Therapy                                     Yes                     No
  Occupational Therapy                                 Yes                     No
  Speech Therapy                                       Yes                     No

Dental Coverage:                                       Yes                     No
  If Yes, Co-pays for Regular
    Checkups                                           Yes                     No
    If Yes, How Much
Orthodontic Coverage:                                  Yes                     No
  If Yes, Co-pays for Regular
    Checkups                                           Yes
    If Yes, How Much

Vision Coverage:                                       Yes                     No
  Frequency of Regular Eye Exams
  Co-pay for Regular Eye Exams
  Frequency for New Lenses
  Co-pay for New Lenses
  Frequency for New Frames
  Co-pay for New Frames
                   Creating Your Own Personal Financial Plan

HMO
Premium Co-pays                       Yes    No
  If Yes, Amount of Premium Co-pays
Coverage Eligibility                  Self   Two-person        Family
Coverage:
  In State                            Yes    No
  Out of State                        Yes    No
  Out of the Country                  Yes    No
Prescription Coverage                 Yes    No
  If Yes, Amount of Co-pay
Office Visits:
  Co-pay Amount
  Annual Deductible                   Yes    No
    If Yes, Amount of Deductible
Hospital Benefits:
  Maximum Days of Hospital Care              Days
  Maximum Days for Mental Health or
    Substance Abuse                          Days

  Co-pay                              Yes    No
   If Yes, Amount of Co-pay

  Annual Deductible                   Yes    No
   If Yes, Amount of Deductible       Yes    No
Outpatient Care:
  Emergency Room Care                 Yes    No
  Physical Therapy                    Yes    No
  Occupational Therapy                Yes    No
  Speech Therapy                      Yes    No

Dental Coverage:                      Yes    No
  If Yes, Co-pays for Regular
    Checkups                          Yes    No
    If Yes, How Much
Orthodontic Coverage:                 Yes    No
  If Yes, Co-pays for Regular
    Checkups                          Yes
    If Yes, How Much

Vision Coverage:                      Yes    No
  Frequency of Regular Eye Exams
  Co-pay for Regular Eye Exams
  Frequency for New Lenses
  Co-pay for New Lenses
  Frequency for New Frames
  Co-pay for New Frames
                   Creating Your Own Personal Financial Plan

PPO
Premium Co-pays                        Yes    No
  If Yes, Amount of Premium Co-pays
Coverage Eligibility                   Self   Two-person       Family
Coverage:
  In State                             Yes    No
  Out of State                         Yes    No
  Out of the Country                   Yes    No
Prescription Coverage                  Yes    No
  If Yes, Amount of Co-pay
Office Visits:
  Co-pay Amount
  Annual Deductible                    Yes    No
    If Yes, Amount of Deductible
Hospital Benefits:
  Maximum Days of Hospital Care               Days
  Maximum Days for Mental Health or
    Substance Abuse                           Days

  Co-pay                               Yes    No
   If Yes, Amount of Co-pay

  Annual Deductible                    Yes    No
   If Yes, Amount of Deductible        Yes    No
Outpatient Care:
  Emergency Room Care                  Yes    No
  Physical Therapy                     Yes    No
  Occupational Therapy                 Yes    No
  Speech Therapy                       Yes    No

Dental Coverage:                       Yes    No
  If Yes, Co-pays for Regular
    Checkups                           Yes    No
    If Yes, How Much
Orthodontic Coverage:                  Yes    No
  If Yes, Co-pays for Regular
    Checkups                           Yes
    If Yes, How Much

Vision Coverage:                       Yes    No
  Frequency of Regular Eye Exams
  Co-pay for Regular Eye Exams
  Frequency for New Lenses
  Co-pay for New Lenses
  Frequency for New Frames
  Co-pay for New Frames

Chapter continued on next worksheet.
           Creating Your Own Personal Financial Plan

Analysis
2. If you are under age 60, long-term care insurance has probably not been a major concern to date.
Based on your family health history, your financial situation, and any long-term illnesses that you
have, should you look into getting a policy? Why or why not?




3. Referring to the personal cash flow statement you developed in Chapter 2 of this workbook,
complete the following template to determine your disability insurance needs.
Cash Flow Statement

DISABILITY INSURANCE NEEDS
Cash Inflows
Minus Work Related Cash Inflows*
Cash Inflows if Disabled                                                                              $0
Total Cash Outflows
Minus Work-Related Cash Outflows*
Cash Outflows if Disabled                                                                             $0
Cash Inflows Minus Outflows – Net Cash Flows if Disabled                                               0
Employer Disability Insurance
Social Security
Workmen’s Compensation
Total Insurance Cash Inflows                                                                           0
Net Cash Flows if Disabled Minus Total Insurance Cash Inflows**                                       $0

* Cash flows that will discontinue if you are not working.

** A negative number indicates the amount of disability insurance coverage that you need per month.
However, if the number is positive it indicates that you have no need for disability insurance.



                          Source of Income in Event of Disability




                                                                         Employer Disability
                                                                         Insurance
                                                                         Social Security

                                                                         Workmen’s
                                                                         Compensation
            Creating Your Own Personal Financial Plan

Decisions

1. What steps have you taken or will you take to ensure that your health insurance needs are
being met? Which type of health insurance plan will you seek from an employer?




2. Does your age, personal health history, or family health history indicate that you should
consider long-term care insurance?




3. What are your disability insurance needs? What amount of additional coverage, if any, do
you require?
                                     Creating Your Own Personal Financial Plan
Goals
1. Determine whether you need to purchase life insurance and if so, how much.
2. Determine the most appropriate types of life insurance.
3. Decide whether you should purchase or add to life insurance in the future.

Analysis
1. Your life insurance needs are dependent upon several factors. The below template employs the budget method discussed
in the text to determine the amount of insurance that you need. Complete the worksheet by filling in the appropriate information
your to determine life insurance needs.

1. Annual living expenses
(Refer to your personal cash flow statement developed in Chapter 2 to determine this figure.)
2. Minus spouse’s disposable ―after- tax‖ income
3. Minus interest or dividends from savings*
4. Minus other income
5. Annual living expenses to be replaced by insurance (line 1 minus lines 2, 3 and 4)                                   $0
6. Assuming a rate of return and the number of years of expenses for which you will
need coverage, determine the present value. (Line 5 times PVIFA for              years)         6.00%     % per year               -
7. Insurance needs for annual living expenses (line 5 times line 6)                                                                    $0
8. Special future expenses
9. The number of years until line 8 above occurs:                     years.
10. Insurance needs for special future expenses                                                                                        $0
11. Current debt to be repaid by insurance proceeds
12. Educational/training expenses for spouse to be paid by insurance proceeds
13. Value of existing savings
14. Final expenses (Funeral and other related items)
15. Life insurance provided by employer
Total Insurance Needs                                                                                                                  $0

* This number should be adjusted if savings are to be liquidated and included in line 13. Only the interest and dividends from
those savings not counted in line 13 should be included here.

2. Review the following information about types of life insurance plans. Indicate how suitable each type is for your situation
in the right-hand column.
Type of
Insurance Plan                                                                   Benefits                 Suitability
Term Insurance                                                          Insurance benefits
Whole-Life Insurance                                                    Insurance benefits
Universal Insurance                                                     Insurance benefits

3. If you have determined that you need life insurance, obtain premiums for the policy type and amount you desire at
www.prudential.com. At that site click on ―Products & Services‖ tab. At the ―Tools & Calculators‖ section on the
right side of screen, click on ―Insurance Tools.‖ Click on ―Life Insurance Quotes‖ toward bottom of page. Enter the
premiums in the template below.

www.prudential.com

Policy Type
Name of Insurance Company
Total Premium

Policy Type
Name of Insurance Company
Total Premium



4. Make any necessary changes to your personal cash flow statement to reflect premiums for life insurance.
Click here to see cash flow statement


Decisions
1. Do you need life insurance? If so, how much and what type of policy will suit your needs?




2. What do you anticipate your life insurance coverage needs to be in the future?
                                       Creating Your Own Personal Financial Plan
Goals
1. Determine whether to invest; given your current cash flows.
2. Determine what kinds of investments you should purchase to meet your financial goals.
lenders.

Analysis
1. Review your cash flow statement to determine how much you can afford to invest
each month.

Click here to review your personal cash flow statement

2. Use the quizzes below to evaluate your risk tolerance to see if your temperament is suited to the
uncertainty of investments and how you should invest.                                                                              .


                                                           Risk Tolerance Quiz

Answer True or False by entering an x in the appropriate box. Be sure to
Enter an x for only one box (True of False) per answer, otherwise your
results will be incorrect.
                                                                                                                TRUE   FALSE
 1. If I own stock, I will check its price at least daily if not more often.

                                                                                                                TRUE   FALSE
 2. When driving on an interstate, and traffic and weather permit, I never
drive in excess of the posted speed limit.
                                                                                                                TRUE   FALSE
 3. If the price of my stock declines, my first reaction is to sell

                                                                                                                TRUE   FALSE
 4. Another stock market crash similar to 1929 could occur very unexpectedly.

                                                                                                                TRUE   FALSE
 5. When I fly in less than perfect weather, I tend to get nervous and concerned
about my safety.

                                                                                                                TRUE   FALSE
 6. If I sold a stock at a loss of more than 25%, it would greatly shake my
confidence in my ability to invest.

                                                                                                                TRUE   FALSE
 7. I intensely dislike blind dates.

                                                                                                                TRUE   FALSE
 8. When I travel, I write down a packing list to be sure that I don't forget
anything.
                                                                                                                TRUE   FALSE
 9. When traveling with others, I prefer to do the driving.

                                                                                                                TRUE   FALSE
 10. Before buying a bond I would want to talk to at least two other people to
confirm my choice.
                                                                                                        Score                  0
Comment
You have the risk tolerance to invest.

Results
0-3 True: You have the risk tolerance to invest.

4-6 True: You would be a nervous investor, but with more knowledge and a few successes, you could probably
raise your risk tolerance to a suitable level for investing. Mutual funds might prove a good starting point for
your level of risk tolerance.

7-10 True: You are probably a very conservative and risk-intolerant investor that is probably better suited to a
bond portfolio.
                                  Creating Your Own Personal Financial Plan

                                                               Risk Questionnaire
                                                             (Source: T. Rowe Price)

This questionnaire is designed for investors who are at least three years from retirement and plan to keep their funds for at least five years.

   1. If you have significant experience with any of the investments listed under each of the following categories, give yourself the number
      of points indicated for that category:

            Stability                           (0 points)
            Savings and checking accounts
            Certificates of Deposit
            Money market funds
            GICs

            Income                           (3 points)
            Individual bonds
            Bond mutual funds (corporate, government, municipal)
            High-yield bond mutual funds

            Growth                           (5 points)
            Individual stocks
            Growth and income mutual funds
            Aggressive growth mutual funds
            International stock mutual funds

            Other                               (6 points)
            Investment real estate
            Options
            Precious metals or commodities
            Limited partnerships

            2. Over time, inflation can dramatically affect an investment’s real return. Higher returns from some investments can help
               compensate for the effects of inflation, but in general, higher returns can only be achieved by accepting more risk. Which
               one of the following objectives has the most influence in shaping your financial strategy.

                          I want investments that are expected to keep pace with inflation. These types of investments generally have lower
                         chances of short-term losses (0 points).
                         I want investments that are expected to moderately outpace inflation. These types of investments generally have a
                         moderate chance of short-term losses (8 points).
                         I want investments that are expected to significantly outpace inflation. These types of investments generally have a
                         greater chance of short-term losses (14 points).

            3. The average annual return for a hypothetical portfolio of mutual funds was 10 percent over a seven year period. The annual
               return of the portfolio ranged from a gain of 25 percent to a 10 percent loss. Assume that you bought shares at the end
               of year six. It is now the end of year seven and the portfolio lost 10 percent this past year. What is your plan for the portfolio?
               (Please check only one box).

                           Sell (0 points)
                           Hold (10 points)
                           Invest additional money (14 points)
                           Sell half of your investment and hold the rest (4 points)

            4. Which of the following is your main concern when selecting or maintaining an investment? (Please check only one box).

                           The potential for loss (0 points)
                           Mostly the potential for loss, with a minor concern for the potential for gain (4 points)
                           An equal concern for the potential for loss and gain (6 points)
                           Mostly the potential for gain, with a minor concern for the potential for loss (10 points)
                           The potential for gain (14 points)
                                   Creating Your Own Personal Financial Plan
   5. Suppose that one year ago you invested $20,000 in a stock mutual fund. The market has gone down during this period, and today
      your investment is worth $16,000. You calculate that if you had originally put the $20,000 into a relatively risk-free investment such
      as Treasury bills, you would have approximately $21,000 today. You decide to: (Please check only one box.)

                             Sell the fund and invest the proceeds in a much safer investment (0 points)
                             Sell the fund and invest the proceeds in a riskier investment in an attempt to recoup your losses faster (8 points)
                             Hold the fund. (6 points)
                             Buy more shares of the fund. (13 points)

              6. If your total portfolio (all of your investments combined) posted a negative return for any given year; would you be
                 likely to sell some of your investments and invest the proceeds more conservatively?

                          Yes (0 points)
                          No (11 points)

              7. You have $10,000 to invest and have only two investment options. Which would you be more likely to select?
                 (Please check only one box.)

                          Investment X: 70 percent chance of gaining $2,000, 30 percent chance of losing $500 (10 points)
                          Investment Y: 100 percent chance of gaining $500 (0 points)

              8. Would you ever purchase securities on margin (i.e., borrow money to purchase stock)?

                          Yes (10 points)
                          No (0 points)

Portfolios:

                      Score                                      Allocation Mix
                       0-7                           70% Stability; 25% Income; 5% Growth
                       8-23                         50% Stability; 35% Income; 15% Growth
                      24-38                         35% Stability; 40% Income; 25% Growth

                      39-57                         20% Stability; 40% Income; 40% Growth
                      58-73                         10% Stability; 30% Income; 60% Growth
                      74-88                               20% Income; 80% Growth
                     89-100                                        100% Growth


3. Determine whether investments will help you to achieve your short-term, intermediate-term,
and long-term goals.
                                      Creating Your Own Personal Financial Plan
Complete the template below for the short-, intermediate-, and long-term goals that you have established
and reviewed throughout the course. In determining whether an investment such as money market securities,
stocks, bonds, mutual funds or real estate is suitable for each goal, take into consideration the timeline for
accomplishing the goal, the critical nature of the goal, and, of course, the results of your risk tolerance test. For
those goals that you determine investments are not suitable for, enter an "N" in column three, and do not complete
the rest of the line for that goal. If, however, you enter a "Y" in column three, think about the kind of investment that
is appropriate and justify your selection of stocks as a risk-appropriate means to accomplish this goal.

                                                                         SUITABLE ?                           TYPE OF
Short-Term Goals                                                          Yes or No                         INVESTMENT      JUSTIFICATION
                                                   0
                                                   0
                                                   0
                                                   0
                                                   0

                                                                         SUITABLE ?                           TYPE OF
Intermediate-Term Goals                                                   Yes or No                         INVESTMENT          JUSTIFICATION
                   #REF!
                   #REF!
                   #REF!
                   #REF!
                   #REF!

                                                                         SUITABLE ?                           TYPE OF
Long-Term Goals                                                           Yes or No                         INVESTMENT          JUSTIFICATION
                                                   0
                                                   0
                                                   0
                                                   0
                                                   0


Decisions
1. Summarize your reasoning for either investing or not investing to meet your goals.




2. If you decide to invest, how much will you invest each month? What types of investments will you purchase?
Why?
           Creating Your Own Personal Financial Plan
Goals
1. Determine how to value a stock based on information about the economy and the firm.

Analysis
1. Select a stock in which you are considering investing.

2. Go to the Web site www.federalreserve.gov/FOMC/BeigeBook/2002. Click on the most current report
indicated and read the summary. As you do so, keep in mind the product and/or service provided by
the company you have selected to analyze. In the space provided below, record your analysis of the
Beige Book's economic analysis and its impact on your stock.
www.federalreserve.gov/FOMC/BeigeBook/2002

Comments




3. Go to the Web site www.smartmoney.com. Click on ―Funds‖ and then roll down to ―Fund Snapshots.‖ At the center
of the page you will see a box that says ―Enter Symbol or Name.‖ Enter the name or symbol of the company
you wish to analyze and hit "go." This will bring up the "Snapshot" tab for your company. Answer the following
questions, finding the data in the tab indicated:

www.smartmoney.com

Snapshot

(1) Is the price of your stock currently close to its 52-week high or 52-week low?


(2) Does this stock pay a dividend and, if so, how much?


Charting

(3) What has been the long-term price trend of your company's stock?



News

(4) Do you see any significant news events that may favorably or unfavorably affect
your stock?
           Creating Your Own Personal Financial Plan
Earnings

(5) How well has your company met its earnings estimates?




(6) How does your company's estimated growth for the current and next fiscal year
compare to industry projections?




(7) How does your company's estimated growth for the current and next fiscal year
compare to the S&P 500?




(8) How does your company's estimated three-five year annual growth compare to
the industry projections?




(9) How does your company's estimated three-five year annual growth compare to
the S&P 500?




Ratings

(10) How many Wall Street analysts rate your stock?


(11) What has been the net change in recommendation?


(12) How many rate your stock:
 Strong buy
 Moderate buy
 Hold
 Moderate sell
 Strong sell

(13) How do the recommendations for your stock compare to others in the industry?
          Creating Your Own Personal Financial Plan
Competition

(14) How does your company compare, in terms of market value, to its competition, i.e.,
is it one of the larger or smaller companies in its industry?




(15) How does your company's net profit margin compare to that to its competition, i.e.,
is it one of the larger or smaller companies in its industry?




(16) How does your company's net profit margin compare to that of its competition?




Key Ratios

(17) How does your company's return on equity compare to that of the industry?




(18) How does your company's assets compare to that of the industry?
           Creating Your Own Personal Financial Plan
Financials

(19) How does the growth in revenues of your company compare to that of its
competition?




(20) How does the growth in net earnings of your company compare to that of its
competition?




Insiders

(21) In analyzing any stock, it is always good to know what the "insiders" are doing.
From the chart, are they buying, selling, intending to buy, or doing nothing?




Summary
(22) Based on your analysis of the above, answer the following questions:

 A. Would this stock be considered a(n) (enter an X to signify your choice):

 Growth stock
 Income stock
 Growth/income stock
           Creating Your Own Personal Financial Plan
  B. For which of the long-term goals that you established in Chapter 1 would
this stock be a suitable investment, if any?

Long-Term Goals
                                                                 Suitable (Yes or No)         Rationale for Selection
                                                             0
                                                             0
                                                             0
                                                             0
                                                             0

Decisions
1. Based on your valuation, will you purchase this stock?




2. If you invest in this particular stock, which of your financial goals will the investment be
aimed at achieving?
                            Creating Your Own Financial Plan
Goals
1. Determine a method to use for executing stock transactions.

Analysis

1. Answer each of the following questions by checking the box to the right either ―Yes‖ or ―No‖

A. I will feel better if I have a specific person to talk to about my account.                             Yes   No

B. I will require professional research assistance to make investment decisions.                           Yes   No

C. I will utilize banking-type services such as check writing and debit cards.                             Yes   No

D. I will feel more comfortable if I have a broker who calls me from time to time                          Yes   No
with suggestions to improve the performance of my portfolio.

E. I have a relatively complex portfolio that includes an after-tax account, Roth                          Yes   No
and/or traditional IRAs and rollover IRAs.

F. I use my portfolio to meet a variety of goals with varying time horizons (short,                        Yes   No
intermediate, and long term).

G. I require advice on the tax implications of my investments.                                             Yes   No

H. My portfolio is large enough to require an annual review and rebalancing.                               Yes   No

I. I sleep better if I know who is watching my money.                                                      Yes   No

J. I feel better doing business with people who know my name.                                              Yes   No

Total number of Yes answers 0

If you answer ―yes‖ to five or more of the above questions, you should seriously consider a full-service
broker. If you answered "yes" to less than five, we suggest you use an online/discount broker.
                           Creating Your Own Financial Plan
2. Use the following template as a guide to comparing three potential online or discount
brokerage companies.
Brokerage company name
Cost per trade

Available investments:
Common stocks                           Yes           No                     Yes           No   Yes          No

Preferred stocks                        Yes           No                     Yes           No   Yes          No

Corporate bonds                         Yes           No                     Yes           No   Yes          No

Municipal bonds                         Yes           No                     Yes           No   Yes          No

Options                                 Yes           No                     Yes           No   Yes          No

Commodities                             Yes           No                     Yes           No   Yes          No

Annuities                               Yes           No                     Yes           No   Yes          No

Mutual funds (load)                     Yes           No                     Yes           No   Yes          No

Mutual funds (no load)                  Yes           No                     Yes           No   Yes          No

Money Markets                           Yes           No                     Yes           No   Yes          No


Navigability of Web site
Phone access to account
information
Real-time portfolio updating
Minimum initial investment
Availability of banking
features (e.g., credit cards
and checks)
Research tools available

Accounts available:
Brokerage account                       Yes           No                     Yes           No   Yes           No
                                              Maint. Fee                           Maint. Fee         Maint. Fee

Traditional IRA                         Yes           No                     Yes           No   Yes           No
                                              Maint. Fee                           Maint. Fee         Maint. Fee

Roth IRA                                Yes           No                     Yes           No   Yes           No
                                              Maint. Fee                           Maint. Fee         Maint. Fee

Rollover IRA                            Yes           No                     Yes           No   Yes
                                              Maint. Fee                           Maint. Fee         Maint. Fee

College savings accounts                Yes           No                     Yes           No   Yes
                                              Maint. Fee                           Maint. Fee         Maint. Fee
                          Creating Your Own Financial Plan

3. If you decide to rely on a full-service broker, use the following questions as an interview guide when screening
prospective advisors.

            Question                 Broker 1                Broker 2             Broker 2
1. How long have you been
with this firm?
2. How long have you been
in the brokerage business?
3. What is the average size
of the portfolios of your
clients?
4. What is the average cost
of a 100-share transaction?
(This question will lead to an
explanation of the firm's fee
structure.)
5. Does your firm sell no-load
mutual funds?

6. What is the annual
maintenance fee for an IRA?
7. Can I access my account
and execute transactions on-
line?
8. Does your firm have
services such as check
writing, debit card, etc.
available?
9. How many offices does
your firm have around the
country?

10. How often do I get
statements on my account?
11. What is the current rate
paid on your money market
accounts?
12. What are the typical
account fees?
13.
14.
15.
16.
                           Creating Your Own Financial Plan
Add to this list any questions that are unique to your investing situation and delete any that do not
pertain to you.

4. What type of orders—market, limit, or buy stop—do you intend to use when purchasing stock?
Do you intend to pay with cash or buy on margin? Why?




Decisions
1. What type of brokerage firm will you work with - full-service or discount/online? Why?




2. Summarize your decision on the type of orders you will place to purchase stock and your
preference for using cash versus buying on margin.
                Creating Your Own Personal Financial Plan
Goals
1. Determine if you could benefit from investing in bonds.
2. If you decide to invest in bonds, determine what strategy to use.

Analysis
1. Go to the SmartMoney Web site (www.smartmoney.com) and click on "Economy and Bonds."
This will bring you to a page on bond investing that contains numerous articles that you should
review to determine if bonds are suitable for your portfolio considering your financial goals. Review
these articles in detail, particularly the one entitled A Bond Primer .
www.smartmoney.com

2. Go to the Web site www.investinginbonds.com. Click on ―Investor’s Checklist‖ located
under ―Features‖ on left-hand side of the screen. Answer the basic questions given and review
the perspective to the right of each question.

www.investinginbonds.com

After completing your visits to the Web sites above, carefully consider whether any of your
financial goals could be met with bond investing. Indicate the bond type (Treasury,
Corporate, Municipal, Government Agency) and maturity.

Short-Term Goals


                                    Use Bonds                    Maturity
                                    (Yes or No)   Type of Bond   (Years)           Reasoning (Factoring in Risk Exposure)
                                0
                                0
                                0
                                0
                                0

Long-Term Goals
                                0
                                0
                                0
                                0
                                0

3. Consider the suitability of the following bond investment strategies for your financial situation. Enter
your conclusions in the right-hand column.

Strategy to Invest in Bonds                                                  Opinion
1. Interest Rate Strategy
2. Passive Strategy
3. Maturity Matching Strategy

4. Review your personal cash flow statement. If you decide bonds are a good investment, allocate money
for them.

Click here to see cash flow statement

Decisions
1. Describe your rationale for investing or not investing in bonds.




2. If you decide to invest in bonds, what strategy will you use?
   Creating Your Own Personal Financial Plan
Goals
1. Determine if and how you could benefit from investing in mutual funds.
2. If you decide to invest in mutual funds, choose the best types of funds for your needs.

Analysis
1. At www.smartmoney.com, click on the tab marked ―Funds‖ at the top of the page. Under the
heading "Tools and Research‖ located towards the lower left side of the page, click on ―Fund
Portfolio Builder.‖ Choose two or three that meet your goal needs. Enter your findings in the
following chart:

www.smartmoney.com

                                      Suitable Investment
Type of Stock Mutual Funds                  Option?                         Reasoning
Growth
Capital Appreciation
Equity Income
Balance Growth and Income
Sector
Technology
Index
International

                                      Suitable Investment
Type of Bond Mutual Fund                    Option?                         Reasoning
Treasury
Ginnie Mae
Corporate Bond
High-Yield Bond
Municipal Bond
Index Bond
International Bond
   Creating Your Own Personal Financial Plan
2. Return to www.smartmoney.com. Click on the tab marked ―Funds,‖ then roll down to
―More.‖ Next, click on ―Best & Worst‖ located on the right-hand side of screen. Under the
Top 25 funds, select the category of funds you identified as meeting one or more of your
goals from the pull-down menu. Answer the following questions and note other pertinent
information about your fund:

www.smartmoney.com

(1) On the "snap-shot" tab, what is the risk versus return relationship for your
fund?




(2) On the "return" tab, how does your fund's return compare to the return for its category
over various time spans?




(3) On the "expense" tab, what are the expenses for your fund?




(4) How do your fund's expenses compare to the expenses for this category?




(5) Under the "purchase" tab, is this fund open to new investors?




(6) If so, what is the minimum purchase?




(7) What is the minimum subsequent purchase?




(8) Under the "portfolio" tab, how long has the fund manager been in place?


Decisions
   Creating Your Own Personal Financial Plan
1. What is your decision regarding mutual funds? Why are they/aren't they a good
investment for you?




2. If you decide to invest in mutual funds, what types of funds will you select? Why?
                                                    Debt Worksheet
                                                (Credit Cards, Car Loans)

                                                                                                              After-Tax    Bad Debt-
                                                                     Estimated Annual                          Annual      to-Income
       Name of Card/Loan        Amount Owed Interest Rate            Interest Payments                         Income         Ratio

    Example:
                                                                                                          1                            2
    First Bank Card of Utah         $4,000.00        13.50%        $4,000 x 0.135 =$540                       $   25,000     16.00%

                                                              Principal x interest rate = interest paid


                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                               $                                   -                        #DIV/0!
                                                                                                                                       2
    Total                       $         -                    $                                   -                        #DIV/0!

1
    This is just an estimate which will work fine for this exercise. It is estimated based on the beginning
    balance being the balance for the whole year. In reality a portion of the principal is paid each month when
    a payment is made. But for this exercise we do not need to be that precise.
2
    You want your bad debt-to-income ratio to be 15% or less. If it's greater than that we have some work to do.
                                                              Debt Eliminator Example

Name of Card                  Credit Card 1                         Credit Card 2                         Credit Card 3          Total
Interest Rate     17.50%             21.0%                               16.0%                                 13.5%
Montyly Payment                 $ 300.00                             $ 200.00                              $ 100.00
                  Monthly                               Monthly                               Monthly                     Monthly
                  Principal                             Principal                             Principal                   Principal
                  Payment        Balance      Excess    Payment       Balance       Excess    Payment       Balance       Payment     Balance
                                 2,500.00         -                   2,000.00          -                   1,500.00                  6,000.00
January             256.25       2,243.75         -       173.33      1,826.67          -       100.00      1,400.00        529.58    5,470.42
February            260.73       1,983.02         -       175.64      1,651.02          -       100.00      1,300.00        536.38    4,934.04
March               265.30       1,717.72         -       177.99      1,473.04          -       100.00      1,200.00        543.28    4,390.75
April               269.94       1,447.78         -       180.36      1,292.68          -       100.00      1,100.00        550.30    3,840.45
May                 274.66       1,173.11         -       182.76      1,109.91          -       100.00      1,000.00        557.43    3,283.03
June                279.47         893.64         -       185.20        924.71          -       100.00        900.00        564.67    2,718.35
July                284.36         609.28         -       187.67        737.04          -       100.00        800.00        572.03    2,146.32
August              289.34         319.95         -       190.17        546.87          -       100.00        700.00        579.51    1,566.81
September           294.40          25.54         -       192.71        354.16          -       100.00        600.00        587.11      979.70
October              25.54            -        274.46     195.28        158.88          -       100.00        500.00        320.82      658.88
November               -              -        300.00     433.34       (274.46)       41.12     100.00        400.00        533.34      125.54
December               -              -        300.00      25.54       (300.00)      474.46     400.00           -          425.54     (300.00)
                                                                   Debt Eliminator

Name of Card       Credit Card 1          Credit Card 2          Credit Card 3          Credit Card 4          Credit Card 5                Total
Interest Rate

                Monthly                Monthly                Monthly                Monthly                Monthly                Monthly
                Principal              Principal              Principal              Principal              Principal              Principal
                Payment     Balance    Payment     Balance    Payment     Balance    Payment     Balance    Payment     Balance    Payment      Balance
                                                                                                                                                     -
January                            -                      -                      -                      -                      -        -            -
February                           -                      -                      -                      -                      -        -            -
March                              -                      -                      -                      -                      -        -            -
April                              -                      -                      -                      -                      -        -            -
May                                -                      -                      -                      -                      -        -            -
June                               -                      -                      -                      -                      -        -            -
July                               -                      -                      -                      -                      -        -            -
August                             -                      -                      -                      -                      -        -            -
September                          -                      -                      -                      -                      -        -            -
October                            -                      -                      -                      -                      -        -            -
November                           -                      -                      -                      -                      -        -            -
December                           -                      -                      -                      -                      -        -            -
January                            -                      -                      -                      -                      -        -            -
February                           -                      -                      -                      -                      -        -            -
March                              -                      -                      -                      -                      -        -            -
April                              -                      -                      -                      -                      -        -            -
May                                -                      -                      -                      -                      -        -            -
June                               -                      -                      -                      -                      -        -            -
July                               -                      -                      -                      -                      -        -            -
August                             -                      -                      -                      -                      -        -            -
September                          -                      -                      -                      -                      -        -            -
October                            -                      -                      -                      -                      -        -            -
November                           -                      -                      -                      -                      -        -            -
December                           -                      -                      -                      -                      -        -            -
January                            -                      -                      -                      -                      -        -            -
February                           -                      -                      -                      -                      -        -            -
March                              -                      -                      -                      -                      -        -            -
April                              -                      -                      -                      -                      -        -            -
May                                -                      -                      -                      -                      -        -            -
June                               -                      -                      -                      -                      -        -            -
July                               -                      -                      -                      -                      -        -            -
August                             -                      -                      -                      -                      -        -            -
September                          -                      -                      -                      -                      -        -            -
October                            -                      -                      -                      -                      -        -            -
November                           -                      -                      -                      -                      -        -            -
December                           -                      -                      -                      -                      -        -            -
                                                    Single Month Money Tracking Worksheet

                                       Week 1               Week 2             Week 3               Week 4                 Total
                                   Budget   Actual      Budget   Actual    Budget   Actual      Budget   Actual   Budget           Actual
Income
Income Source 1                                                                                                       -                -
Income Source 2                                                                                                       -                -
Income Source 3                                                                                                       -                -

Total Income                          -         -           -         -        -            -      -         -        -                -

Savings/Donations
Savings                                                                                                               -                -
Donations                                                                                                             -                -
Investments                                                                                                           -                -
Room and Board
Rent/Mortgage                                                                                                         -                -
Food                                                                                                                  -                -
Electricity                                                                                                           -                -
Water/Sewer/Trash                                                                                                     -                -
Oil/Gas                                                                                                               -                -
Telephone                                                                                                             -                -
Cell Phone                                                                                                            -                -
House Maintenance                                                                                                     -                -
Real Estate Taxes                                                                                                     -                -
Improvements                                                                                                          -                -
Dining out/Take-out                                                                                                   -                -
Transportation
Car loan                                                                                                              -                -
Gas                                                                                                                   -                -
Maintenance                                                                                                           -                -
Medical and Grooming
Medical                                                                                                               -                -
Grooming                                                                                                              -                -
Clothes                                                                                                               -                -
Laundry                                                                                                               -                -
Recreation
Entertainment                                                                                                         -                -
Cable/Satellite TV                                                                                                    -                -
Internet Access                                                                                                       -                -
Vacation                                                                                                              -                -
Gifts                                                                                                                 -                -
Insurance
Vehicle                                                                                                               -                -
Home Owner's/Renter's                                                                                                 -                -
Life/Disability/Other                                                                                                 -                -
Debt Repayment
Credit Cards                                                                                                          -                -
Loans                                                                                                                 -                -
Taxes
Income taxes (state and federal)                                                                                      -                -
Social Security and Medicare                                                                                          -                -
Other
Business/professional                                                                                                 -                -
Child care                                                                                                            -                -
Tuition/education                                                                                                     -                -
Subscriptions                                                                                                         -                -
Child support                                                                                                         -                -
Alimony                                                                                                               -                -
Pets                                                                                                                  -                -
Miscellaneous
Miscellaneous                                                                                                         -                -
Other (list):                                                                                                         -                -
                                                                                                                      -                -
                                                                                                                      -                -
                                                                                                                      -                -
                                                                                                                      -                -



Total Expenses                        -         -           -         -        -            -      -         -        -                -

Net Income/Loss                       -         -           -         -        -            -      -         -        -                -
Year                              2009
Name;                  Jerry L. Basford
Current Month                         2
                       February         February
Chapter 1

Budget
                             Jan             Feb       Mar       Apr       May       Jun       Jul       Aug       Sep       Oct       Nov       Dec       Total
Gross Income                       -               -         -         -         -         -         -         -         -         -         -         -           -
Taxes                              -               -         -         -         -         -         -         -         -         -         -         -           -
Disposable Income                  -               -         -         -         -         -         -         -         -         -         -         -           -

Savings                            -               -         -         -         -         -         -         -         -         -         -         -           -
Donations                          -               -         -         -         -         -         -         -         -         -         -         -           -
Food                               -               -         -         -         -         -         -         -         -         -         -         -           -
Credit Cards/Loans                 -               -         -         -         -         -         -         -         -         -         -         -           -
Medical/Insurance                  -               -         -         -         -         -         -         -         -         -         -         -           -
House/Utilities                    -               -         -         -         -         -         -         -         -         -         -         -           -
Grooming/Toiletries                -               -         -         -         -         -         -         -         -         -         -         -           -
Pets                               -               -         -         -         -         -         -         -         -         -         -         -           -
Vehicles                           -               -         -         -         -         -         -         -         -         -         -         -           -
Subscriptions/Books                -               -         -         -         -         -         -         -         -         -         -         -           -
Entertainment/School               -               -         -         -         -         -         -         -         -         -         -         -           -
Clothes/Misc.                      -               -         -         -         -         -         -         -         -         -         -         -           -
Net Income/(Loss)                  -               -         -         -         -         -         -         -         -         -         -         -           -

Cashflow
                             Jan             Feb       Mar       Apr       May       Jun       Jul       Aug       Sep       Oct       Nov       Dec       Total
Gross Income                       -               -         -         -         -         -         -         -         -         -         -         -           -
Taxes                              -               -         -         -         -         -         -         -         -         -         -         -           -
Disposable Income                  -               -         -         -         -         -         -         -         -         -         -         -           -

Savings                            -               -         -         -         -         -         -         -         -         -         -         -           -
Donations                          -               -         -         -         -         -         -         -         -         -         -         -           -
Food                               -               -         -         -         -         -         -         -         -         -         -         -           -
Credit Cards/Loans                 -               -         -         -         -         -         -         -         -         -         -         -           -
Medical/Insurance                  -               -         -         -         -         -         -         -         -         -         -         -           -
House/Utilities                    -               -         -         -         -         -         -         -         -         -         -         -           -
Grooming/Toiletries                -               -         -         -         -         -         -         -         -         -         -         -           -
Pets                               -               -         -         -         -         -         -         -         -         -         -         -           -
Vehicles                           -               -         -         -         -         -         -         -         -         -         -         -           -
Subscriptions/Books                -               -         -         -         -         -         -         -         -         -         -         -           -
Entertainment/School               -               -         -         -         -         -         -         -         -         -         -         -           -
Clothes/Misc.                      -               -         -         -         -         -         -         -         -         -         -         -           -
Net Income/(Loss)                  -               -         -         -         -         -         -         -         -         -         -         -           -
Chapter 4
Taxes                           DO NOT USE THIS TABLE TO CALCULATE YOUR TAX
Single                                                  -
                                                                                  of the amount
         Not Less Than          Not More Than               The tax is:                over       Front-end Ratio:
                          -              7,550          -                 10.0%            -                  PITI       -   #DIV/0!
                        7,550           30,650       755.00     +         15.0%          7,550            Gross Income   -
                       30,650           74,200     4,220.00     +         25.0%         30,650
                       74,200         154,800     15,107.50     +         28.0%         74,200    Back-end Ratio:
                      154,800         336,550     37,675.50     +         33.0%        154,800             PITI + Debt   -   #DIV/0!
                      336,550       -------       97,653.00     +         35.0%        336,550           Gross Income    -


Married Filing Jointly or Qualifying Widow(er)
                           -             15,100         -                 10.0%            -
                        15,100           61,300    1,510.00     +         15.0%      15,100.00
                        61,300         123,700     8,440.00     +         25.0%      61,300.00
                       123,700         188,450    24,040.00     +         28.0%     123,700.00
                       188,450         336,550    42,170.00     +         33.0%     188,450.00
                       336,550       -------      91,043.00     +         35.0%     336,550.00


Married Filing Separately
                          -               7,550         -                 10.0%            -
                        7,550            30,650      755.00     +         15.0%       7,550.00
                       30,650            61,850    4,220.00     +         25.0%      30,650.00
                       61,850            94,225   12,020.00     +         28.0%      61,850.00
                       94,225          168,275    21,085.00     +         33.0%      94,225.00
                      168,275        -------      45,521.50     +         35.0%     168,275.00


Head of Household
                          -              10,750         -                 10.0%            -
                       10,750            41,050    1,075.00     +         15.0%      10,750.00
                       41,050          106,000     5,620.00     +         25.0%      41,050.00
                      106,000          171,650    21,857.50     +         28.0%     106,000.00
                      171,650          336,550    40,239.50     +         33.0%     171,650.00
                      336,550        -------      94,656.50     +         35.0%     336,550.00



Long Term Capital Tax Rate                 10%
                                                                                        Budget Template

              Gross Income                 Savings                 Donations                         Food          Credit Cards/Loans        Medical/Insurance                 House/Utilities
Beginning Balance




Interest
Dividends
Other Income



Budget                       $   -   Budget     $     -     Budget              $   -   Budget          $   -   Budget         $    -   Budget           $         -   Budget               $    -
Actual                           -   Actual           -     Actual                  -   Actual              -   Actual              -   Actual                     -   Actual                    -
Difference                   $   -   Difference $     -     Difference          $   -   Difference      $   -   Difference     $    -   Difference       $         -   Difference           $    -


                  Taxes               Grooming/Toiletries                Pets                    Vehicles         Subscriptions/Books       Entertainment/School               Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                       $   -   Budget     $     -     Budget              $   -   Budget          $   -   Budget         $    -   Budget           $         -   Budget               $    -
Actual                           -   Actual           -     Actual                  -   Actual              -   Actual              -   Actual                     -   Actual                    -
Difference                   $   -   Difference $     -     Difference          $   -   Difference      $   -   Difference     $    -   Difference       $         -   Difference           $    -


                 Subtotals
Gross Income                 $   -
Taxes                            -
Savings                          -
Donations                        -
Food                             -
Credit Cards/Loans               -
Medical/Insurance                -
House/Utilities                  -
Grooming/Toiletries              -
Pets                             -
Vehicles                         -
Subscriptions/Books              -
Entertainment/School             -
Clothes/Misc.                    -
Total                            -

Beginning Balance                -
Net Income/(Loss)                -
New Balance                      -
                                                                                       Actual Template

              Gross Income                 Savings                 Donations                        Food           Credit Cards/Loans           Medical/Insurance            House/Utilities
Beginning balance

                                                      -
                                                      -




Actual                       $   -   Actual    $      -     Actual             $   -    Actual         $   -   Actual           $       -   Actual           $      -   Actual          $      -
Budget                           -   Budget           -     Budget                 -    Budget             -   Budget                   -   Budget                  -   Budget                 -
Remaining                    $   -   Remaining $      -     Remaining          $   -    Remaining      $   -   Remaining        $       -   Remaining        $      -   Remaining       $      -


                  Taxes               Grooming/Toiletries               Pets                    Vehicles          Subscriptions/Books          Entertainment/School          Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Actual                       $   -   Actual    $      -     Actual             $   -    Actual         $   -   Actual           $       -   Actual           $      -   Actual          $      -
Budget                           -   Budget           -     Budget                 -    Budget             -   Budget                   -   Budget                  -   Budget                 -
Remaining                    $   -   Remaining $      -     Remaining          $   -    Remaining      $   -   Remaining        $       -   Remaining        $      -   Remaining       $      -


                 Subtotals
Gross Income                 $   -
Taxes                            -
Savings                          -
Donations                        -
Food                             -
Credit Cards/Loans               -
Medical/Insurance                -
House/Utilities                  -
Grooming/Toiletries              -
Pets                             -
Vehicles                         -
Subscriptions/Books              -
Entertainment/School             -
Clothes/Misc.                    -
Total                            -

Beginning Balance                -
Net Income/(Loss)                -
New Balance                      -
                                                                                         Budget for January
                                                                                               2009
Jerry L. Basford
               Gross Income                 Savings                 Donations                          Food                      Credit Cards/Loans         Medical/Insurance                House/Utilities
Beginning Balance




Budget                        $   -   Budget     $     -     Budget              $   -    Budget           $         -        Budget         $    -   Budget            $        -   Budget               $    -
Actual                            -   Actual           -     Actual                  -    Actual                     -        Actual              -   Actual                     -   Actual                    -
Difference                    $   -   Difference $     -     Difference          $   -    Difference       $         -        Difference     $    -   Difference        $        -   Difference           $    -


                    Taxes              Grooming/Toiletries                Pets                     Vehicles                     Subscriptions/Books       Entertainment/School               Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget     $     -     Budget              $   -    Budget           $         -        Budget         $    -   Budget            $        -   Budget               $    -
Actual                            -   Actual           -     Actual                  -    Actual                     -        Actual              -   Actual                     -   Actual                    -
Difference                    $   -   Difference $     -     Difference          $   -    Difference       $         -        Difference     $    -   Difference        $        -   Difference           $    -


                 Subtotals                                                                     Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -                                                                           Credit
                                                                                                          Cards/Loans
                                                                                                            Clothes/Misc.
                                                                                                           Taxes
                                                                                                           Vehicles
                                                                                                         Medical/Insurance
Food                              -                                                                        Donations
                                                                                                       Subscriptions/Books
                                                                                                         House/Utilities
                                                                                                           Savings
                                                                                                       Entertainment/School
                                                                                                              Pets
                                                                                                       Grooming/Toiletries
                                                                                                               0%
                                                                                                                  Food
                                                                                                              0%0%
                                                                                                              0% 0%
                                                                                                             0%0%
                                                                                                               0%0%
                                                                                                                0%
                                                                                                               0%0%
Credit Cards/Loans                -
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                         Actuals for January
                                                                                                2009
Jerry L. Basford
               Gross Income                  Savings                 Donations                          Food                  Credit Cards/Loans            Medical/Insurance            House/Utilities
Beginning balance




Actual                        $   -   Actual      $      -    Actual             $   -      Actual           $        -   Actual            $       -   Actual           $      -   Actual          $      -
Budget                            -   Budget             -    Budget                 -      Budget                    -   Budget                    -   Budget                  -   Budget                 -
Remaining                     $   -   Remaining   $      -    Remaining          $   -      Remaining        $        -   Remaining         $       -   Remaining        $      -   Remaining       $      -


                    Taxes               Grooming/Toiletries               Pets                       Vehicles                 Subscriptions/Books          Entertainment/School          Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Actual                        $   -   Actual      $      -    Actual             $   -      Actual           $        -   Actual            $       -   Actual           $      -   Actual          $      -
Budget                            -   Budget             -    Budget                 -      Budget                    -   Budget                    -   Budget                  -   Budget                 -
Remaining                     $   -   Remaining   $      -    Remaining          $   -      Remaining        $        -   Remaining         $       -   Remaining        $      -   Remaining       $      -


                 Subtotals
                                                                                           Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                 Credit
                                                                                                     Clothes/Misc.
                                                                                                       Taxes
                                                                                                         Pets
                                                                                               Entertainment/School
                                                                                                    Vehicles
                                                                                                Cards/Loans
                                                                                                  House/Utilities
                                                                                                    Food
                                                                                               Grooming/Toiletries
                                                                                                    Donations
                                                                                                     Savings
                                                                                               Subscriptions/Books
                                                                                                  Medical/Insurance
Credit Cards/Loans                -                                                                    0%0%
                                                                                                        0%
                                                                                                     0% 0%
                                                                                                        0%0%
                                                                                                        0%0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                                 Budget for February
                                                                                                        2009
Jerry L. Basford
               Gross Income                    Savings                      Donations                                Food                  Credit Cards/Loans            Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget          $         -   Budget              $   -       Budget                    $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual                    -   Actual                  -       Actual                        -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference      $         -   Difference          $   -       Difference                $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                 Grooming/Toiletries                    Pets                              Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget          $         -   Budget              $   -       Budget                    $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual                    -   Actual                  -       Actual                        -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference      $         -   Difference          $   -       Difference                $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals
                                                                                                Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                  Entertainment/School
                                                                                                         Clothes/Misc.
                                                                                                     Medical/Insurance
                                                                                                        Taxes
                                                                                                            Vehicles
                                                                                                        Donations
                                                                                                    Credit Cards/Loans
                                                                                                     House/Utilities
                                                                                                         Food
                                                                                                            Savings
                                                                                                    Grooming/Toiletries
                                                                                                           Pets
                                                                                                    Subscriptions/Books
Credit Cards/Loans                -                                                                       0% 0%
                                                                                                            0%0%
                                                                                                             0%
                                                                                                          0% 0%
                                                                                                            0%
                                                                                                            0% 0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                              Actuals for February
                                                                                                      2009
Jerry L. Basford
               Gross Income                  Savings                      Donations                                   Food               Credit Cards/Loans           Medical/Insurance              House/Utilities
Beginning Balance             $   -




Actual                        $   -   Actual       $     -    Actual                  $   -       Actual                     $   -   Actual           $       -   Actual           $      -   Actual              $    -
Budget                            -   Budget             -    Budget                      -       Budget                         -   Budget                   -   Budget                  -   Budget                   -
Remaining                     $   -   Remaining    $     -    Remaining               $   -       Remaining                  $   -   Remaining        $       -   Remaining        $      -   Remaining           $    -


                    Taxes               Grooming/Toiletries                 Pets                                  Vehicles              Subscriptions/Books          Entertainment/School            Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Actual                        $   -   Actual       $     -    Actual                  $   -       Actual                     $   -   Actual           $       -   Actual           $      -   Actual              $    -
Budget                            -   Budget             -    Budget                      -       Budget                         -   Budget                   -   Budget                  -   Budget                   -
Remaining                     $   -   Remaining    $     -    Remaining               $   -       Remaining                  $   -   Remaining        $       -   Remaining        $      -   Remaining           $    -


                 Subtotals
                                                                                          Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Clothes/Misc.
                                                                                                  House/Utilities
                                                                                                     Taxes
                                                                                                     Vehicles
                                                                                              Credit Donations
                                                                                                          Pets
                                                                                                      Savings
                                                                                               Entertainment/School
                                                                                               Subscriptions/Books
                                                                                               Grooming/Toiletries
                                                                                                Medical/Insurance
                                                                                                        Food
                                                                                                     Cards/Loans
Credit Cards/Loans                -                                                                      0%
                                                                                                       0% 0%
                                                                                                      0% 0%
                                                                                                        0%
                                                                                                        0%
                                                                                                         0%
                                                                                                         0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                              Budget for March
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                               Actuals for March
                                                                                                     2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                              Budget for April
                                                                                                  2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                Food                 Credit Cards/Loans             Medical/Insurance                    Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                    $   -   Budget            $       -   Budget           $       -   Budget                   $   -
Actual                            -   Actual               -   Actual                  -       Actual                        -   Actual                    -   Actual                   -   Actual                       -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                $   -   Difference        $       -   Difference       $       -   Difference               $   -


                    Taxes                Grooming/Toiletries                Pets                              Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                    $   -   Budget            $       -   Budget           $       -   Budget                   $   -
Actual                            -   Actual               -   Actual                  -       Actual                        -   Actual                    -   Actual                   -   Actual                       -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                $   -   Difference        $       -   Difference       $       -   Difference               $   -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
                                                                                                        Credit
Food                              -                                                                  Vehicles
                                                                                                    Cards/Loans
                                                                                                     Clothes/Misc.
                                                                                               Entertainment/School
                                                                                                    Taxes
                                                                                                    Donations
                                                                                                  Medical/Insurance
                                                                                                    Utilities
                                                                                                Grooming/Toiletries
                                                                                                     Savings
                                                                                                       Pets
                                                                                                       Food
                                                                                               Subscriptions/Books
Credit Cards/Loans                -                                                                     0%
                                                                                                      0% 0%
                                                                                                         0%
                                                                                                        0%
                                                                                                       0%0%
                                                                                                         0%
                                                                                                        0%
                                                                                                        0%  0%
Medical/Insurance                 -
Utilities                         -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                                Actuals for April
                                                                                                     2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                               Budget for May
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                                 Actuals for May
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                              Budget for June
                                                                                                  2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                                Actuals for June
                                                                                                     2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                               Budget for July
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                                 Actuals for July
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                             Budget for August
                                                                                                  2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                               Actuals for August
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                           Budget for September
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                             Actuals for September
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                             Budget for October
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                              Actuals for October
                                                                                                     2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                           Budget for November
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                             Actuals for November
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                           Budget for December
                                                                                                   2009
Jerry L. Basford
               Gross Income                    Savings                 Donations                                 Food                 Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                               Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA

FICA-MD HI

FED W/H

State W/H
FICA
FICA-MD HI
FED W/H
State W/H


Budget                        $   -   Budget         $     -   Budget              $   -       Budget                     $   -   Budget            $       -   Budget           $       -   Budget             $     -
Actual                            -   Actual               -   Actual                  -       Actual                         -   Actual                    -   Actual                   -   Actual                   -
Difference                    $   -   Difference     $     -   Difference          $   -       Difference                 $   -   Difference        $       -   Difference       $       -   Difference         $     -


                 Subtotals                                                                 Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                   Vehicles
                                                                                                       Clothes/Misc.
                                                                                                   House/Utilities
                                                                                                      Taxes
                                                                                               Credit Donations
                                                                                                           Pets
                                                                                                      Savings
                                                                                                Entertainment/School
                                                                                                Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                 Medical/Insurance
                                                                                                      Cards/Loans
                                                                                                        Food
Credit Cards/Loans                -                                                                      0%
                                                                                                          0%
                                                                                                       0% 0%
                                                                                                         0%
                                                                                                         0%
                                                                                                       0%0%
                                                                                                          0%
                                                                                                          0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                                             Actuals for December
                                                                                                      2009
Jerry L. Basford
               Gross Income                    Savings                  Donations                                       Food               Credit Cards/Loans             Medical/Insurance              House/Utilities
Beginning Balance             $   -




                                  -




Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Difference                    $   -   Difference     $     -   Difference           $   -          Difference                  $   -   Difference        $       -   Difference       $       -   Difference         $     -


                    Taxes                Grooming/Toiletries                Pets                                    Vehicles               Subscriptions/Books          Entertainment/School             Clothes/Misc.
FICA
FICA-MD HI
FED W/H
State W/H

FICA                              -

FICA-MD HI                        -

FED W/H                           -

State W/H                         -
FICA                              -
FICA-MD HI                        -
FED W/H                           -
State W/H                         -


Actual                        $   -   Actual         $     -   Actual               $   -          Actual                      $   -   Actual            $       -   Actual           $       -   Actual             $     -
Budget                            -   Budget               -   Budget                   -          Budget                          -   Budget                    -   Budget                   -   Budget                   -
Remaining                     $   -   Remaining      $     -   Remaining            $   -          Remaining                   $   -   Remaining         $       -   Remaining        $       -   Remaining          $     -


                 Subtotals
                                                                                            Expenses by Category
Gross Income                  $   -
Taxes                             -
Savings                           -
Donations                         -
Food                              -                                                                     Clothes/Misc.
                                                                                                    House/Utilities
                                                                                                       Taxes
                                                                                                       Vehicles
                                                                                                Credit Donations
                                                                                                            Pets
                                                                                                        Savings
                                                                                                 Entertainment/School
                                                                                                 Subscriptions/Books
                                                                                                 Grooming/Toiletries
                                                                                                  Medical/Insurance
                                                                                                          Food
                                                                                                       Cards/Loans
Credit Cards/Loans                -                                                                        0%
                                                                                                         0% 0%
                                                                                                        0% 0%
                                                                                                          0%
                                                                                                          0%
                                                                                                           0%
                                                                                                           0%
Medical/Insurance                 -
House/Utilities                   -
Grooming/Toiletries               -
Pets                              -
Vehicles                          -
Subscriptions/Books               -
Entertainment/School              -
Clothes/Misc.                     -
Total                             -

Beginning Balance                 -
Net Income/(Loss)                 -
New Balance                       -
                                                                             Budgeted Cash Flow for
                                                                                     2009
Jerry L. Basford
                           January    February  March      April      May          June              July           August    September    October   November   December   Total
Beginning Balance              -     ######## ########   ########   ########     ########          ########        ########   ########    ########   ########   ########        -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -
Income                         -           -       -           -         -            -                  -              -           -           -         -           -         -

Gross Income                   -         -         -          -          -                -                    -        -          -           -          -          -          -


Federal Withholding            -         -         -          -          -                -                    -        -          -           -          -          -          -
FICA - MD HI                   -         -         -          -          -                -                    -        -          -           -          -          -          -
FICA                           -         -         -          -          -                -                    -        -          -           -          -          -          -
State Withholding              -         -         -          -          -                -                    -        -          -           -          -          -          -

Total Taxes                    -         -         -          -          -                -                    -        -          -           -          -          -          -

Income after Taxes             -         -         -          -          -                -                    -        -          -           -          -          -          -


 Savings                       -         -         -          -          -                -                    -        -          -           -          -          -          -
 Donations                     -         -         -          -          -                -                    -        -          -           -          -          -          -
 Food                          -         -         -          -          -                -                    -        -          -           -          -          -          -
 Credit Cards/Loans            -         -         -          -          -                -                    -        -          -           -          -          -          -
 Medical/Insurance             -         -         -          -          -                -                    -        -          -           -          -          -          -
 House/Utilities               -         -         -          -          -                -                    -        -          -           -          -          -          -
 Grooming/Toiletries           -         -         -          -          -                -                    -        -          -           -          -          -          -
 Pets                          -         -         -          -          -                -                    -        -          -           -          -          -          -
 Vehicles                      -         -         -          -          -                -                    -        -          -           -          -          -          -
 Subscriptions/Books           -         -         -          -          -                -                    -        -          -           -          -          -          -
 Entertainment/School          -         -         -          -          -                -                    -        -          -           -          -          -          -
 Clothes/Misc.                 -         -         -          -          -                -                    -        -          -           -          -          -          -
Total Expenditures             -         -         -          -          -                -                    -        -          -           -          -          -          -


Net Income/(Loss)              -         -         -          -          -                -                    -        -          -           -          -          -          -

Cumulative Income/(Loss)       -         -         -          -          -                -                    -        -          -           -          -          -          -

Balance                        -         -         -          -          -                -                    -        -          -           -          -          -




                                                                             Expenses by Category




                                                                                     Credit
                                                                                     Savings
                                                                                Cards/Loans
                                                                               Medical/Insurance
                                                                                     Donations
                                                                                      Vehicles
                                                                                          Pets
                                                                                       Food
                                                                               Subscriptions/Books
                                                                                  House/Utilities
                                                                                   Clothes/Misc.
                                                                               Entertainment/School
                                                                                       0%
                                                                                      0% Grooming/Toiletries
                                                                                      0% 0%
                                                                                         0%
                                                                                        0%
                                                                                        0%
                                                                                                  0%
                                                                               Actual Cash Flow for
                                                                                       2009
Jerry L. Basford
                           January    February  March      April      May           June               July           August    September    October   November   December       Total
Beginning Balance              -     ######## ########   ########   ########      ########           ########        ########   ########    ########   ########   ########            -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -
Income                         -           -       -           -         -             -                   -              -           -           -         -           -             -

Gross Income                   -         -         -          -          -                  -                    -        -          -           -          -          -              -


Federal Withholding            -         -         -          -          -                  -                    -        -          -           -          -          -              -
FICA - MD HI                   -         -         -          -          -                  -                    -        -          -           -          -          -              -
FICA                           -         -         -          -          -                  -                    -        -          -           -          -          -              -
State Withholding              -         -         -          -          -                  -                    -        -          -           -          -          -              -

Total Taxes                    -         -         -          -          -                  -                    -        -          -           -          -          -              -

Income after Taxes             -         -         -          -          -                  -                    -        -          -           -          -          -              -


 Savings                       -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Donations                     -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Food                          -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Credit Cards/Loans            -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Medical/Insurance             -         -         -          -          -                  -                    -        -          -           -          -          -              -
 House/Utilities               -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Grooming/Toiletries           -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Pets                          -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Vehicles                      -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Subscriptions/Books           -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Entertainment/School          -         -         -          -          -                  -                    -        -          -           -          -          -              -
 Clothes/Misc.                 -         -         -          -          -                  -                    -        -          -           -          -          -              -
Total Expenditures             -         -         -          -          -                  -                    -        -          -           -          -          -              -


Net Income/(Loss)              -         -         -          -          -                  -                    -        -          -           -          -          -              -

Cumulative Income/(Loss)       -         -         -          -          -                  -                    -        -          -           -          -          -              -

Balance                        -         -         -          -          -                  -                    -        -          -           -          -          -


PITI                       $   -     $   -    $    -     $    -     $    -        $         -       $            -   $    -     $    -      $    -     $    -     $    -     $        -




                                                                             Expenses by Category




                                                                                     Credit
                                                                                     Savings
                                                                                 Cards/Loans
                                                                                Medical/Insurance
                                                                                       Vehicles
                                                                                      Donations
                                                                                        Food
                                                                                           Pets
                                                                                Subscriptions/Books
                                                                                   House/Utilities
                                                                                   Clothes/Misc.
                                                                                Entertainment/School
                                                                                        0% Grooming/Toiletries
                                                                                       0% 0%
                                                                                      0%0%
                                                                                         0%
                                                                                         0%
                                                                                         0%
                                                                                                   0%
the password for this spreadsheet is "budget"

				
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posted:8/16/2011
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