Home Budget on 1073jamz.com

Managing Your Monthly Budget

Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This worksheet helps you do just that. By entering your income and monthly expenditures, you can see how much you have left to save and where your money is being spent which can help identify areas for improvement.

Click here for a printer-friendly version

CATEGORY	MONTHLY BUDGET AMOUNT	MONTHLY ACTUAL AMOUNT	DIFFERENCE
INCOME:
Wages and Bonuses
Interest Income
Investment Income
Miscellaneous Income
Income Subtotal
INCOME TAXES WITHHELD:
Federal Income Tax
State and Local Income Tax
Social Security/Medicare Tax
Income Taxes Subtotal
Spendable Income
EXPENSES:
HOME:
Mortgage or Rent
Homeowners/Renters Insurance
Property Taxes
Home Repairs/Maintenance/HOA Dues
Home Improvements
UTILITIES:
Electricity
Water and Sewer
Natural Gas or Oil
Telephone (Land Line, Cell)
FOOD:
Groceries
Eating Out, Lunches, Snacks
FAMILY OBLIGATIONS:
Child Support
Alimony
Day Care, Babysitting
HEALTH AND MEDICAL:
Insurance (medical,dental,vision)
Unreimbursed Medical Expenses, Copays
Fitness (Yoga,Massage,Gym)
TRANSPORTATION:
Car Payments
Gasoline/Oil
Auto Repairs/Maintenance/Fees
Auto Insurance
Other Transportation (tolls, bus, subway, taxis)
DEBT PAYMENTS:
Credit Cards
Student Loans
Other Loans
ENTERTAINMENT/RECREATION:
Cable TV/Videos/Movies
Computer Expense
Hobbies
Subscriptions and Dues
Vacations
PETS:
Food
Grooming, Boarding, Vet
CLOTHING:
INVESTMENTS AND SAVINGS:
401(K)or IRA
Stocks/Bonds/Mutual Funds
College Fund
Savings
Emergency Fund
MISCELLANEOUS:
Toiletries, Household Products
Gifts/Donations
Grooming (Hair, Make-up, Other)
Miscellaneous Expense
Total Investments and Expenses
Surplus or Shortage (Spendable income minus total expenses and investments)

Definitions

Your income: Your total gross income from your paycheck.
Other income: Any other income that you receive including bonuses, alimony, child support or income from a business.
Federal tax withholding: Total amount withheld for federal taxes. Enter this amount from your pay stub.
State tax withholding: Total amount withheld for state taxes. Enter this amount from your pay stub.
Local tax withholding: Total amount withheld for local taxes. Enter this amount from your pay stub.
Other taxes and withholdings: Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your pay stub.
FICA: Total withheld for FICA (Federal Insurance Contributions Act) is based on the gross income on your paycheck.
Medicare: Total withheld for Medicare based on the gross income on your paycheck.
Insurance and benefits: Total amount withheld for insurance and benefits by your employer. Enter this amount from you pay stub.
Company retirement savings plan: Total amount withheld from your paycheck that is deposited into a company retirement savings plan such as a 401(k) or 403(b).

email this to a friend get a printer-friendly version get widgets RSS feeds

Greenville weather

Fair with Haze
77°F
5-day forecast | Hurricane Guide

Marketplace

Owning A Home Is Closer Than You Think. Contact Jubilee Realty Today!

Your Gospel Connection in the Upstate on 107.3 JAMZ.

We want to help save you some cash! Find the Cheapest Gas Prices in, and around, the Upstate.

Get all the information you need to be an informed voter. Register, Get Informed and Vote.

Better sound. New stations. No fees. Discover the benefits of HD Radio^TM

Stay ahead of the storm. Find evacuation routes, safety tips and more in the Hurricane Guide .