Directions:
1)	In Column 1 (Amount Budgeted) enter amounts budgeted for each expense item.
2)	At the end of each month, enter the actual amounts in Column 2.
3)	Subtract Column 2 from Column 1 to calculate the surplus (+) or shortage (-) in each category. Record these numbers in Column 3.
		1	2	3
Savings & Investments		Amount Budgeted	Amount Spent	Surplus (+) or Shortage (-)
	Savings
	Investments
Saving & Investments Subtotal (transfer these figures to the appropriate line in the Budget Summary.)
Fixed Expenses
Housing
	Rent or Mortgage
	2nd Mortgage/Equity Loan
	Other (explain)
Transportation
	Vehicle Loan Payment (car, truck, etc.)
	Auto Insurance
	Other (explain)
Taxes
	Income tax, federal
	Income tax, state and/or city
	Sales taxes
	Other
Insurance
	Health
	Life
	Disability/Long-Term Care
	Other (explain)
Childcare
	Child Care/Babysitters
	Child Support/Alimony
	Other (explain)
Fixed Expenses Subtotal (transfer these figures to the appropriate line in the Budget Summary.)
Periodic Fixed Expenses (expenses usually occurring annually. To determine the monthly expense, divide the total expense by 12.)
Housing
	Property Tax/Real Estate Taxes (if not a part of mortage payment)
	Insurance (homeowner, rental)
	Other (explain)
Transportation
Primary Vehicle
	License Plate
	Driver's License
	Registration
	Insurance
Secondary Vehicle(s) (include all additional means of transportation - cars, trucks, motorcycles, etc.)
	License Plate
	Registration
	Insurance
	Gas/Public Transportation/Taxi/Parking
	Other (explain)
Periodic Expenses Subtotal (transfer these figures to the appropriate line in the Budget Summary.)
Variable Expenses (expenses that occur on a regular basis but in varying dollar amounts. To determine the amount to enter, divide the annual dollar amount by 12.)
Utilities
	Heat
	Electricity
	Water
	Sewer
	Trash
	Recycling
Telephone
	Basic Service
	Long Distance Charges
	Cell Phone(s)
	Other (explain)
Food
	General Food & Groceries
	Food Outside the Home
	Work Lunches
	Coffee
	School Lunches
	Meals at Restaurants
	Other (explain)
Medical (include expenses not covered by insurance.)
	Doctor
	Dentist
	Prescriptions
	Glasses
	Medical Bills for Above and Beyond
	Type Expenses (surgery, etc.)
	Other (explain)
Clothing
	New Purchases
	Cleaning (laundry + dry cleaning)
	Repairs/Alterations
	Other (explain)
Education
	Tuition, Registration Fees, Training Classes
	Supporting Books, Magazines, Newspapers, Supplies, etc.
	Other (explain)
Donations
	Religious
	Charities
	Other (explain)
Personal
	Hairdresser
	Children's Allowance
	Gifts/Flowers (birthdays, anniversaries, etc.)
	Tobacco
	Alcohol (beer, wine, etc.)
	Other (explain)
Entertainment
	Movies, Concerts, Sporting Events, etc.
	Cable/Satellite Service
	Internet Service
	Gambling/Lottery
	Health Clubs/Gyms
	Vacations/Trips
	Recreation/Sports/Hobbies
	Other (explain)
Miscellaneous
	Pet Care/Supplies
	Landscaping
	Mailing/Postage
	Fees for Checking Accounts, Checks, Money Orders, etc.
	Other (explain)
Variable Expenses Subtotal (transfer these figures to the appropriate line in the Budget Summary.)
Debts (not included elsewhere)
	Education Loans
	Personal Loans
	Credit Card #1
	Credit Card #2
	Credit Card #3
	Other (explain)
Debts Subtotal (transfer these figures to the appropriate line in the Budget Summary.)
	BUDGET SUMMARY
	Directions
1) Transfer the dollar amounts from each of the subtotals to this summary chart below.
2) Add lines 1-5 to determine a monthly figure.
3) Review Column 3 carefully. Are there places where expenses should be reduced? Are there places where a surplus can be identified for an additional savings opportunity?
	MONTHLY INCOME
Category		1 Amount Budgeted	2 Amount Spent	3 Surplus (+) or Shortage (-)
Savings
Fixed Expenses
Periodic Fixed Expenses
Variable Expenses
Debts
Total Monthly Accounting
MONTHLY INCOME – TOTAL MONTHLY ACCOUNTING = $ FOR SAVING OR DISCRETIONARY SPENDING