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IC Personal Budget Template UpdateD

The household has a total monthly income of $7,257 and total monthly expenses of $2,423. After expenses, the household has a surplus of $4,834 per month that can be allocated to savings and discretionary spending. The largest expenses are $2,250 for mortgage/rent and $250 for groceries. The household aims to save $1,655 per month across emergency funds, retirement accounts, and other designated savings categories.

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0% found this document useful (0 votes)
218 views6 pages

IC Personal Budget Template UpdateD

The household has a total monthly income of $7,257 and total monthly expenses of $2,423. After expenses, the household has a surplus of $4,834 per month that can be allocated to savings and discretionary spending. The largest expenses are $2,250 for mortgage/rent and $250 for groceries. The household aims to save $1,655 per month across emergency funds, retirement accounts, and other designated savings categories.

Uploaded by

Bleep News
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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HOUSEHOLD EXPENSE BUDGET

$2,400.00

SUMMARY BUDGET

Total Income $ 7,257.00


Total Expenses $ 2,423.00

INCOME BUDGET

Column1 $ 5,987.00
Salary/Wages $ 200.00
Interest Income $ 100.00
Dividends $ 55.00
Refunds/Reimbursements $ 500.00
Business $ 300.00
Pension $ 115.00
Misc.
TOTAL $ 7,257.00

SAVINGS BUDGET

Column1 $ 500.00
Emergency Fund $ 200.00
Transfer to Savings $ 100.00
Retirement (401K, IRA) $ 55.00
Investments $ 500.00
Education $ 300.00
Other
TOTAL $ 1,655.00

EXPENSES BUDGET RATE


HOME
Mortgage/Rent $ 2,250.00 92.86%
Home/Rental Insurance $ 25.00 1.03%
Electricity $ 40.00 1.65%
Gas/Oil $ 44.00 1.82%
Water/Sewer/Trash $ 20.00 0.83%
Phone $ 15.00 0.62%
Cable/Satellite $ - 0.00%
Internet $ 29.00 1.20%
Furnishing/Appliances $ - 0.00%
Lawn/Garden $ - 0.00%
Maintenance/Improvements $ - 0.00%
Other $ - 0.00%
$ 2,423.00 100.00%
TRANSPORTATION
Car Payments $ 250.00
Auto Insurance $ 100.00
Fuel $ 100.00
Public Transportation $ -
Repairs/Maintenance $ -
Registration/License $ 100.00

DAILY LIVING
Groceries $ 250.00
Child Care $ 100.00
Dining Out $ 100.00
Clothing $ -
Cleaning $ -
Salon/Barber $ 100.00
Pet Supplies $ 101.00

ENTERTAINMENT
Video/DVD/Movies $ 250.00
Concerts/Plays $ 100.00
Sports $ 100.00
Outdoor Recreation $ -

HEALTH
Health Insurance $ 65.00
Gym Membership $ 20.00
Doctors/Dentist Visits $ -
Medicine/Prescriptions $ -
Veterinarian $ -
Life Insurance $ -

VACATION/HOLIDAY
Airfare $ 450.00
Accommodations $ 250.00
Food $ 200.00
Souvenirs $ 50.00
Pet Boarding $ 100.00
Rental Car $ 150.00

TOTAL $ 7,782.00
$7,020.00

ACTUAL BALANCE

$ 7,020.00 $ 237.00
$ 2,400.00 $ 23.00

ACTUAL BALANCE

$ 6,000.00 $ 13.00
$ 150.00 $ (50.00)
$ 100.00 $ -
$ 20.00 $ (35.00)
$ 500.00 $ -
$ 200.00 $ (100.00)
$ 50.00 $ (65.00)

$ 7,020.00

ACTUAL BALANCE

$ 400.00 $ (100.00)
$ - $ (200.00)
$ - $ (100.00)
$ - $ (55.00)
$ - $ (500.00)
$ - $ (300.00)
$ 400.00

ACTUAL BALANCE

$ 2,250.00 $ -
$ - Column1
$ - $ (25.00)
$ - $ (40.00)
$ - $ (44.00)
$ - $ (20.00)
$ - $ (15.00)
$ - $ -
$ - $ (29.00)
$ - $ -
$ - $ -
$ - $ -
$ 2,250.00 $ -

$ -
$ - $ (250.00)
$ 150.00 $ (100.00)
$ - $ 50.00
$ - $ -
$ - $ -
$ 150.00 $ (100.00)

$ -
$ - $ (250.00)
$ - $ (100.00)
$ - $ (100.00)
$ - $ -
$ - $ -
$ - $ (100.00)
$ - $ (101.00)
$ -
$ - $ (250.00)
$ - $ (100.00)
$ - $ (100.00)
$ - $ -

$ -
$ - $ (65.00)
$ - $ (20.00)
$ - $ -
$ - $ -
$ - $ -
$ - $ -

$ -
$ - $ (450.00)
$ - $ (250.00)
$ - $ (200.00)
$ - $ (50.00)
$ - $ (100.00)
$ - $ (150.00)

$ 2,400.00

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