Personal Budget Worksheet BUDGET AMOUNT
NET INCOME (after taxes)
Household Wages Interest Income Investment Income Miscellaneous I Mi ll Income INCOME TOTAL
EXPENSES
HOME Mortgage or Rent Homeowners/Renters Insurance Property Taxes p y Repairs/Maintenance UTILITIES Electricity Gas ( oil) (or l) Water/Sewer Garbage Phone ( Ph (l d and cell) (land d ll) ) FOOD Groceries G i Dining Out FAMILY OBLIGATIONS Daycare, Daycare, Babysitting Services y y g Child Support/Alimony HEALTH & MEDICAL Insurance (medical dental vision life) (medical,dental,vision,life) Doctor Visits Prescriptions, Prescriptions, OTC Medications p Fitness (gym/classes) TRANSPORTATION O O Car Payments Gas Auto Insurance Repairs/Maintenance Other (t Oth ( ll , b , subway, t i) (tolls, bus, b y, taxi) ) DEBT PAYMENTS Credit Cards C di C d Student Loans Other Loans ENTERTAINMENT Cable TV/Movies Computer E C t Expenses Hobbies Subscriptions/Dues Vacations Miscellaneous Entertainment
Personal Budget Worksheet PETS Food F d Grooming/Boarding/Vet CLOTHING Clothes Dry Cleaning PERSONAL Toiletries Household Products h ld d Grooming Gifts Charitable Cha itable Donations Miscellaneous INVESTMENTS 401(k) IRAs Stocks/Bonds/Mutual Funds / / SAVINGS General S i G l Savings Emergency Savings College Savings EXPENSE & INVESTMENTS TOTAL
SURPLUS OR SHORTAGE
( (INCOME MINUS EXPENSES & INVESTMENTS TOTAL) )
NOTE: You can calculate using annual or monthly numbers, just be sure to be consistent NOTE Y l l t i l thl b j tb t b it t with each category. ith h t Wh l l ti thl b d t f i d l ft th thl When calculating a monthly budget, for expenses incurred more or less often than monthly, convert the payment to a monthly amount . For example, your auto insurance is billed every t th tt thl t F l t i i bill d six months, take the bill amount and divide it by six. i h k h bill d di id i b i