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MOLDING MONEY
STEP 1 - INCOME AND SAVINGS

WORKSHEET
A

Avg Paycheck Amt

Pay Periods per Year

Person 1

Take-Home Pay per Month

Calculations
A B 12

Person/Source 2
Person/Source 3
Person/Source 4
C

Total Take-Home Pay per Month

Target Savings Percentage

Target Savings Dollars per Month

Sum of above

CD

Existing Savings per Month 1

Existing Savings per Month 2
Existing Savings per Month 3
F

Total Existing Savings per Month

Sum of above

New Target Savings Dollars per Month

E-F

New Target Savings Dollars per Week

G 12 52

Budget Starting Point

C-G

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MOLDING MONEY
STEP 2 - CATEGORIZING EXPENSES

WORKSHEET
Family

Individual

Fixed

Total Fixed-Family

Total Fixed-Individual

Variable

Totals for each quadrant are a sum of the listed expenses

Total Variable-Family

Calculations
D

Total Family

Fixed Individual

Total Categorized Expenses

Starting Point
Total Categorized Expenses
Left for Variable-Individual

A+B
C
D+E

From Income and Savings Worksheet

F

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MOLDING MONEY
STEP 3 - DETERMINING CUSHION

WORKSHEET
A

Original Variable-Family Expenses

Dollar Change

Percentage Change

Adjusted Variable-Family Expenses

Calculations
A+B
or
A (1 + C)

Total Original Variable-Family

Totals are sum of above

Total Adjusted Variable-Family

Suggested Cushion Amount

D-E

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MOLDING MONEY
STEP 4 - SPENDING CASH

WORKSHEET
Calculations
A Starting Point

From Income and Savings Worksheet

B Total Family Expenses

C Total Available for Ind Expenses

From Categorizing Expenses Worksheet

A-B

D Contributors in Household
E Individual Allotment (month)

Person1 Fixed-Individual

Total Person1 Fixed-Individual

CD

Person2 Fixed-Individual

Total Person2 Fixed-Individual

Sum of above

Individual Allotment (Month)

Individual Allotment (Month)

Total Person1 Fixed-Individual

Total Person2 Fixed-Individual

G Spending Cash Person1 (Month)

Spending Cash Person2 (Month)

E-F

Spending Cash Person1 (Week)

Spending Cash Person2 (Week)

G 12 52

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MOLDING MONEY
STEP 5 - THE KIDS

WORKSHEET
Kid's Individual Expenses

Total Kid's Individual Expenses

Calculations
B

Number of Kids

Each Kid's Share of Expenses

AB

Suggested Weekly Allowance

C 12 52

Spending Cash Person1 (Week)

From Cash Withdrawal Worksheet

Spending Cash Person2 (Week)

Total Weekly Cash Withdrawal

(D B) + E + F