Manage Your Money Chart

Budget Worksheet

This worksheet contains suggested ranges for most expenses not directly addressed in the activity,
based on common amounts for a single person. Feel free to use them to estimate your costs, or to use
your own experience or research.

Career: Director
Income Gross Net

Income from job or career  71680  12160

Other types of income (self- 0 0

employment, social welfare payments,
capital gains or losses)

Total Income 71680 12160

Total Yearly Expenses  

Difference (total net income minus total expenses)

Entertainment Yearly Cost

Movies and subscription service ($120–400) 350

Vacation ($1,000–2,000)  1800

Other ($500–1,000)  1320

Subtotal  3470

Other Credit Debt or Taxes Yearly Cost

Student loan payment ($500–2,500)  2000

Credit card payment (varies based on balance—$0 if  0

no credit card debt)

Total estimated taxes besides federal income tax 0

(state and local sales taxes, property taxes, state
income taxes if applicable and not accounted for
elsewhere)
Other  1000

Subtotal  3000

Utilities Yearly Cost

Phone and/or cell phone ($600–800)  700

Cable or satellite and internet ($950–2,000)  1800

Electric and gas ($800–1,500)  900

Water and sewer ($800–1,000)  1000

Waste removal ($150–250)  100

Subtotal 4500

Personal Care Yearly Cost

Health insurance ($2,000–4,000)  3000

Other medical costs ($500 or more)  500

Hair and nails ($120–500)  0

Clothing and laundry ($500 or more)  600

Health club ($300–600)  300

Organization dues or fees (varies)  

Other  

Subtotal  4400

Gifts and Donations Yearly Cost

Holidays and birthdays ($500 or more)  600

Charity donations (varies)  200

Other  

Subtotal  800

Housing Yearly Cost

Mortgage or rent  5000

Maintenance and repairs  600

Supplies ($300 or more)  1000

Homeowner’s or renter’s insurance  

Furnishings ($500 or more)  700

Property tax (if you own property) 0

Subtotal  7200

Transportation Yearly Cost

Auto loan payment  

Bus and taxi fare (varies)  100

Auto insurance  400

Licensing and registration fees ($30–150)  150

Gasoline (typical use)  500

Maintenance and repairs  2000

Other  

Subtotal  3150

Food Yearly Cost

Groceries ($1,500 or more)  2000

Dining out ($600 or more)  1000

Subtotal  3000

Pets Yearly Cost

Food ($250 or more)  0

Medical ($200 or more)  0

Grooming  0
Toys  0

Other  0

Subtotal  0

Savings and Investments Yearly Cost

Retirement account  10000

Investment account  10000

Emergency savings  10000

Subtotal  30000