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| A budget is your own personal monthly spending plan based on your income and expenses. Understanding your monthly income and expenses, you will be able to better
manage your cash flow. |
INCOME: |
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Work |
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$
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This is your take home pay including: Paychecks, gifts, allowance
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Allowance/Gifts |
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$
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Other |
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$
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Total Income |
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$
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 |
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EXPENSES: |
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Fixed Expenses |
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Rent |
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$
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Set dollar amounts you pay every month, such as:
Car payments, rent, cell phone bill, auto insurance
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Car Payment |
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$
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Cell Phone Bill |
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$
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Other |
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$
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Variable Expenses |
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Gas |
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$
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Amounts can vary each month, such as:
Gas, entertainment, dining out |
Entertainment |
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$
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Other |
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$
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Total Expenses |
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$
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NET INCOME |
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$
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| Total Income-Total Expenses (aka MONEY LEFT OVER) |
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*Worksheet above is intended for educational purposes only. |
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