Budget Planner




Line
Total Monthly Gross Income (Before Taxes)
  $____________
Subtract Taxes & Other Payroll Deductions (med ins, alimony, etc)  -$___________

Subtract 401K, IRA, Other Retirement Plan(s), etc...  -$___________

Total Monthly “Net” Income =
  $____________ A




Housing Expenses Monthly Payments

Rent or Mortgage Payments  $____________

Dues ~ Home Association Fees, etc... (if applicable)  $____________

Utilities (electric, heating oil, phone, internet, etc...)  $____________

Refuse – Garbage Removal  $____________

Insurance (budget 1/12th if paid annually)  $____________

Repairs (budget 1/12th if paid annually)  $____________

Taxes – property, school, sewer, etc (budget 1/12th if paid annually)  $____________

Total Housing Expenses =  $____________
B
Car Expenses


Loan Payment(s)  $____________

Gas  $____________

Insurance (budget 1/12th if paid annually)  $____________

Maintenance & Repairs (budget 1/12th if paid annually)  $____________

Total Car Expenses =   $____________
C
Debts (loans, credit cards, etc)


Creditor #1________________  Balance__________  $____________

Creditor #2________________  Balance__________  $____________

Creditor #3________________  Balance__________  $____________

Creditor #4________________  Balance__________  $____________

Creditor #5________________  Balance__________  $____________

(additional creditor total - if needed)  $____________

Total Debt Expenses =   $____________
D
Miscellaneous 


(budget 1/12th for annual expenses)


Church Tithing, Offerings &/or Charitable Contributions  $____________

Groceries, Dining out, (food in general)  $____________

Vacation (budget 1/12th for annual expenses)  $____________

Childcare  $____________

College or School Tuition and/or School Supplies  $____________

Medical Bills and Co-Pays  $____________

Prescription Medications  $____________

Pet Supplies, Pet Food & Vet Bills  $____________

Entertainment, Movies, Video Rentals  $____________

Membership Fees (fitness club, other club memberships)  $____________

Newspaper and/or Magazine Subscriptions  $____________

Shoes, Clothing, etc...  $____________

Haircuts  $____________

Gifts ~ Holiday Spending  $____________

Misc. Cash Purchases  $____________

Other (additional misc. total – if needed)  $____________

Total Miscellaneous Expenses =   $____________
E
Monthly Expense Totals:


Add Total Housing Expenses ~ Line B  $____________
B
Add Total Car Expenses ~ Line C  $____________
C
Add Total Debt Expenses ~ Line D  $____________
D
Add Total Miscellaneous Expenses ~ Line E  $____________
E
Total Expenses =   $____________
F

 

Total Income ~ Line A  $____________

Subtract Total Expenses ~ Line F -$____________

 


Total Monthly Surplus or Shortage 
$______________

(Back) Budget Plan - (Next) IRA Plans