How To Use The Daily Income and Expens

Copyright © 2018 iGrad - The College Graduate Resource For Money, Jobs, Career and Intern

Daily Diary Tab - [start here]

Each row of the Daily Diary Tab corresponds to a day of the month. Starting on the first day of any month and conti
enter amounts for all income and expenses. Definitions of each expense can be found below.

Monthly Budget Summary Tab - [no action required]

Do not enter any amounts on this page. Totals will populate based on amounts entered on the Daily Diary Tab. Thes
Budgeting Worksheet to identify excess spending and set priorities.

Definitions of Expense Types

INCOME
Your Job

Other

LOANS/ SUPPORT
Student Loans (Living
Expenses)

Other

HOME
Housing

Utilities

TV / Internet / Phone
Groceries

PERSONAL/ FAMILY
Giving

Childcare

Pet care

Other Personal/ Family

CAR/ TRANSPORTATION
Car Payment(s)

Fuel

Car Maintenance

Other Car/ Transportation

HEALTH & WELLNESS

Fitness/ Beauty

Medical Care

Toiletries

Other Health & Wellness

FUN
Dining/ Going Out

Clothes

Gifts
Other Fun

DEBT
Credit Cards

Student Loan Repayment

Other Debt

INSURANCE
Health Insurance

Auto Insurance

Other Insurance

SAVINGS
Emergency Fund

New Car

House Down Payment

Next Vacation

Other Savings

INVESTING
Retirement

Investing

Other Investing
 How To Use The Daily Income and Expense Diary
Copyright © 2018 iGrad - The College Graduate Resource For Money, Jobs, Career and Internships

Tab - [start here]

aily Diary Tab corresponds to a day of the month. Starting on the first day of any month and continuing until the first day of the following m
all income and expenses. Definitions of each expense can be found below.

dget Summary Tab - [no action required]

mounts on this page. Totals will populate based on amounts entered on the Daily Diary Tab. These totals can then be used on the Monthl
eet to identify excess spending and set priorities.

of Expense Types

Your monthly take home pay (the amount you receive after taxes and benefit contributions). Include your spouse's or partner
making a family budget.

Any additional sources of income (e.g., investment and rental income, government benefits, child support, alimony, etc.)

PORT
Your monthly budget for the student loan money you receive after your school has been paid. Remember, loans aren't income
need to be paid back one day.

Any additional sources of money you may be receiving from family, friends, school, or other organizations

Your monthly payment for rent, dorm, or mortgage (and associated costs like renter's insurance)

Monthly bills for things like water, electricity, gas, garbage, etc.

Monthly bills for things like your cell phone, cable, internet, Netflix, etc.
 Your monthly budget to stock your apartment, dorm, or home with food and drink

FAMILY
Your monthly budget for charitable giving

Monthly bills for day care, babysitters, etc.

Monthly budget for pet food, grooming, veterinary care, etc.

Other personal/ family expenses

PORTATION
Your monthly payment(s) for auto loan(s)

Your monthly budget for gas and other auto fuel

Your monthly budget for maintenance and repairs to your car or motorcycle

Other car/ transportation expeneses

WELLNESS
Your monthly bills for things like the gym, salon, massages, yoga, and spa services

Your monthly budget for doctor's visit, copays, prescriptions, etc.

Your monthly budget for toiletries and personal health items

Other health & wellness expenses

Your monthly budget for going out to dinner, the movies, sports games, etc.

Your monthly budget for new clothes

Your monthly budget for buying friends and family birthday, holiday, shower, etc. gifts
Other fun expenses

Your monthly target to pay down credit card debt you are carrying from month to month

Your monthly student loan bills (only include if you are currently repaying your student loans)

Other debt expenses

Your monthly premium. If you are enrolled in a healthcare plan through your employer, only include your share of the monthl
premium as your employer is likely contributing toward the total monthly cost.

Your monthly premium. Include your spouse's auto premium if making a family budget.

Other insurance expenses

Once you have cleared your debt or other obligations, it is generally recommended to have at least 6 months of living expense
for unplanned emergencies

Your monthly savings amount for a future car or other form of transportation

Your monthly savings amount for a down payment on a home

Your monthly savings amount for a future vacation

Other savings expenses

Your monthly contribution(s) to retirement accounts. If you are enrolled in an employer-sponsored retirement account, don't
401k or anything deducted from your paycheck.

Your monthly contribution(s) to investment accounts over and above retirement

Other investing expenses

 Month:

CATEGORY Income Loans/ Support

Student Loans Other Loans/

INCOME/ EXPENSE After Tax Income Other Income
(Living Expenses) Support

DAY
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
Totals $ - $ - $ - $ -
 Home Expenses Personal/

Other Home
Housing Utilities TV/ Internet Groceries Giving
Expenses

$ - $ - $ - $ - $ - $ -
 Personal/ Family Expenses Car/ Transportation

Other Personal/
Childcare Petcare Car Payment(s) Fuel Car Maintenance
Family Expenses

$ - $ - $ - $ - $ - $ -
tion Health & Wellness

Other Car/ Other Health & Dining/ Going

Fitness Medical Care Toiletries
Transportation Wellness Out

$ - $ - $ - $ - $ - $ -
 Fun DEBT

Student Loans
Clothes Gifts Other Fun Credit Cards Other Debt
Repayements

$ - $ - $ - $ - $ - $ -
 Insurance SAVINGS

House Down
Health Insurance Auto Insurance Other Insurance Emergency Fund New Car
Payment

$ - $ - $ - $ - $ - $ -
VINGS Investing

Next Vacation Other Savings Retirement Investing

$ - $ - $ - $ -
 What's Going Out This Month?

HOME EXPENSES
Housing $ -
Utilities $ -
TV/Internet $ -
Groceries $ -
Other $ -
Total HOME EXPENSES $ -

PERSONAL/ FAMILY EXPENSES

Giving $ -
Childcare $ -
Petcare $ -
Other $ -
Total PERSONAL/ FAMILY EXPENSES $ -

CAR/ TRANSPORTATION EXPENSES

Car Payments $ -
Fuel $ -
Car Maintenance $ -
Other $ -
Total CAR/ TRANSPORTATION EXPENSES $ -

HEALTH & WELLNESS EXPENSES

Fitness $ -
Medical Care $ -
Toiletries $ -
Other $ -
Total HEALTH & WELLNESS EXPENSES $ -

FUN EXPENSES
Dining/ Going Out $ -
Clothes $ -
Gifts $ -
Other $ - #DIV/0! #DIV
Total FUN EXPENSES $ -

DEBT EXPENSES
Credit Cards $ -
Student Loans Repayements $ -
Other $ -
Total DEBT EXPENSES $ -
INSURANCE EXPENSES
Health Insurance $ -
Auto Insurance $ -
Other $ -
Total INSURANCE EXPENSES $ -

SAVINGS EXPENSES
Emergency Fund $ -
New Car $ -
House Down Payment $ -
Next Vacation $ -
Other $ -
Total SAVINGS EXPENSES $ -

INVESTING EXPENSES
Retirement $ -
Investing $ -
Total INVESTING EXPENSES $ -
 What's Coming In This Month?

INCOME
After Tax Income (Total Household) $ -
Misc. Untaxed Income $ -
Unemployment/Social Security $ -
Other (Including Financial Aid) $ -
Total INCOME $ -

MONTH SUMMARY
Total INCOME $ -
Total EXPENSES $ -
NET (INCOME - EXPENSES) $ -

What's Going Out This Month?

(Actual Expenses)
#DIV/0!
#DIV/0!
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