Budget

ITEM DESCRIPTION
GROSS MONTHLY INCOME
SALARY
INTEREST
DIVIDENDS
NOTES
RENTS
BONUS
OVERTIME
OTHER INCOME

$ DETAIL

$ SUMMARY
$4,040

$4,000
$5
$15
$$$$$20

LESS:
1. TITHE / GIVING
2. TAXES (Fed., State, FICA)

$250
$835

NET SPENDABLE INCOME
3. HOUSING
MORTGAGE, TAXES, INS
ELECTRICITY
GAS
WATER
SANITATION
TELEPHONE
MAINTENANCE
CABLE TV
OTHER

$2,955

OTHER

ITEM DESCRIPTION

$ DETAIL

8. ENTERTAINMENT
EATING OUT
BABY-SITTERS
ACTIVITIES / TRIPS
VACATION
PETS
OTHER

$242 8%
$127
$$20
$60
$35
$-

9. CLOTHING

$94 3%

10. SAVINGS

$165 6%

11. MEDICAL EXPENSES
DOCTOR
DENTIST
PRESCRIPTIONS
OTHER

$20
$10
$10
$-

12. MISCELLANEOUS
TOILETRIES / COSMETICS
BEAUTY / BARBER
LAUNDRY / CLEANING
ALLOWANCES / LUNCHES
SUBSCRIPTIONS
GIFTS (incl. Christmas)
CASH
OTHER

$19
$41
$35
$66
$20
$50
$50
$-

$338 11%

13. INVESTMENTS

$368 12%

14. SCHOOL / CHILD CARE
TUITION
MATERIALS
TRANSPORTATION
DAY CARE

$100
$80
$50
$38
$100

$40 1%

$281 10%

$- 0%
$89 3%
$73
$16
$$-

$TOTAL LIVING EXPENSES

6. INSURANCE
LIFE
HEALTH
OTHER

$30
$53
$-

7. DEBTS *
CREDIT CARDS
LOANS & NOTES
OTHER

$75
$35
$44

* (Except auto & mortgage)

% of Total
Expense

$ SUMMARY

$1,101 37%
$876
$85
$16
$10
$$25
$68
$21
$-

4. FOOD
5. TRANSPORTATION
PAYMENTS
GAS & OIL
INSURANCE
LICENSE / TAXES
MAINT/REPAIR/REPLACE

% of Total
Expense

$2,955 100.00%

$83 3%
INCOME VS. LIVING EXPENSES

$154 5%

NET SPENDABLE INCOME

$2,955

LESS TOTAL LIVING EXPENSES

$2,955

SURPLUS OR (DEFICIT)

$0

Spending
Month :
Category
Budgeted
Amount
Date
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
This Month
Total
This Month
Surplus/
(Deficit)

March
Income
$4,040

Year:

2007

Tithe/Giving
$250

Taxes

Housing

$835

$1,101

Food
$338

Insurance Debts

$368

$83

$154

Ent. / Rec.

Clothing

$242

$94

Savings

Medical

Miscellaneous

Investments

School /
Daycare

$165

$40

$281

$-

$89

2,000
250

25

50

1,500

50
5

$3,500

$250

$-

$25

$50

$5

$-

$-

$-

$50

$-

$-

$-

$-

$-

($540)

$0

$835

$1,076

$288

$363

$83

$154

$242

$44

$165

$40

$281

$0

$89

This Month
Budget
Summary

Transportation

--------->

Total Income
Minus Total Expenses
Equals Surplus / (Deficit)

$3,500
$380
$3,120

Actual vs Guide Comparison

Annual Income

ACTUAL
Amount
%
$48,480
N/A

After Tithe/Tax Outflows:
Housing
$1,101
Food
$338
Transportation
$368
Insurance
$83
Debts
$154
Entertainment
$242
Clothing
$94
Savings
$165
Medical Expenses
$40
Miscellaneous
$281
Investments
$School/Child Care
$89
Unallocated
$0
Total Outflows

$2,955

GUIDE
Amount
%
N/A
N/A

COMPARISON
Amount
%
N/A
N/A

37.26%
11.44%
12.45%
2.81%
5.21%
8.19%
3.18%
5.58%
1.35%
9.51%
0.00%
3.01%
0.00%

$949
$380
$411
$158
$158
$221
$190
$158
$127
$158
$253
$$-

30%
12%
13%
5%
5%
7%
6%
5%
4%
5%
8%
0%
0%

($152)
$42
$43
$75
$4
($21)
$96
($7)
$87
($123)
$253
($89)
$0

-7%
1%
1%
2%
0%
-1%
3%
-1%
3%
-5%
8%
-3%
0%

100.00%

$3,163

100.00%

$208

0.00%

Annual Percentage Guide - $'s
Gross Income

$25,000

$35,000

$45,000

$55,000

$85,000

$125,000

1. Tithe/Giving

$2,500

$3,500

$4,500

$5,500

$8,500

$12,500

2. Taxes1

$3,250

$6,650

$9,000

$11,550

$18,000

$30,000

Net Spendable

19,250

24,850

31,500

37,950

58,500

82,500

3. Housing
4. Food
5. Transportation
6. Insurance
7. Debts
8. Entertainment/
Recreation
9. Clothing
10. Savings
11. Medical / Dental
12. Miscellaneous
13. Investments2
14. School/Child Care3

$7,315
$2,695
$2,695
$963
$963

$8,946
$2,982
$2,982
$1,243
$1,243

$10,080
$3,780
$4,095
$1,575
$1,575

$11,385
$4,554
$4,934
$1,898
$1,898

$17,550
$6,435
$7,605
$2,925
$2,925

$24,750
$9,075
$9,900
$4,125
$4,125

$770
$963
$963
$963
$963
$$-

$1,491
$1,243
$1,243
$994
$1,243
$1,243
$-

$2,205
$1,575
$1,575
$1,260
$1,575
$2,205
$-

$2,657
$2,277
$1,898
$1,518
$1,898
$3,036
$-

$4,095
$4,095
$2,925
$2,340
$2,925
$4,680
$-

$6,600
$5,775
$4,125
$3,300
$4,125
$6,600
$-

15. Unallocated Surplus
Income

$-

$-

$-

$-

$-

$-

Annual Percentage Guide - %'s
Gross Income

$25,000

$35,000

$45,000

$55,000

$85,000

$125,000

1. Tithe/Giving

$2,500

$3,500

$4,500

$5,500

$8,500

$12,500

2. Taxes1

$3,250

$6,650

$9,000

$11,550

$18,000

$30,000

Net Spendable

19,250

24,850

31,500

37,950

58,500

82,500

38%
14%
14%
5%
5%

36%
12%
12%
5%
5%

32%
12%
13%
5%
5%

30%
12%
13%
5%
5%

30%
11%
13%
5%
5%

30%
11%
12%
5%
5%

4%
5%
5%
5%
5%
0%
0%

6%
5%
5%
4%
5%
5%
0%

7%
5%
5%
4%
5%
7%
0%

7%
6%
5%
4%
5%
8%
0%

7%
7%
5%
4%
5%
8%
0%

8%
7%
5%
4%
5%
8%
0%

0%

0%

0%

0%

0%

0%

3. Housing
4. Food
5. Transportation
6. Insurance
7. Debts
8. Entertainment/
Recreation
9. Clothing
10. Savings
11. Medical / Dental
12. Miscellaneous
13. Investments2
14. School/Child Care3
15. Unallocated Surplus
Income

1. The tax category includes taxes for Social Security and a small amount for state taxes. To be

completely accurate, you will need to calculate your actual taxes. The tax code changes
regularly. Please be sure to insert your actual tax into this category.
2. This category is used to fund long-term goals such as college education or retirement.
3. If you have school/child care expenses, these percentages must be deducted from other
categories.

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