Monthly Budget Forms/Worksheets

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)      

For expenses that occur more or less frequently than monthly, convert the expense payment to a monthly amount when calculating the monthly budget. For example, convert auto insurance expense that's billed every six months to a monthly amount by dividing the six-month premium by six. This money should be kept separate from your other money so it's available when the bill becomes due.

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