Sample Family Monthly BudgetUse this form to learn about setting up a monthly household budget |
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| Total Projected Cost | Total Actual Cost | Total Difference | Projected Monthly Income | |||||
| $1,195 | $1,236 | ($41) | Income 1 | $4,000 | ||||
| Income 2 | $1,300 | |||||||
| Projected Cost | Actual Cost | Difference | Extra income | $300 | ||||
| Housing | Total monthly income | $5,600 | ||||||
| Mortgage or rent | $1,000 | $1,000 | $0 | Actual Monthly Income | ||||
| Second mortgage or rent | $0 | $0 | $0 | |||||
| Phone | $54 | $100 | ($46) | Income 1 | $4,000 | |||
| Electricity | $44 | $56 | ($12) | Income 2 | $1,300 | |||
| Gas | $22 | $28 | ($6) | Extra income | $300 | |||
| Water and sewer | $8 | $8 | $0 | Total monthly income | $5,600 | |||
| Cable | $34 | $34 | $0 | |||||
| Waste removal | $10 | $10 | $0 | Projected balance (Projected income minus expenses) |
$4,405 | |||
| Maintenance or repairs | $23 | $0 | $23 | |||||
| Supplies | $0 | $0 | $0 | Actual balance (Actual income minus expenses) |
$4,364 | |||
| Other | $0 | $0 | $0 | |||||
| Subtotals | $1,195 | $1,236 | ($41) | Difference (Actual minus projected) | ($41) | |||
| Transportation | ||||||||
| Vehicle 1 payment | $0 | |||||||
| Vehicle 2 payment | $0 | |||||||
| Bus/taxi fare | $0 | |||||||
| Insurance | $0 | |||||||
| Licensing | $0 | |||||||
| Fuel | $0 | |||||||
| Maintenance | $0 | Projected Cost | Actual Cost | Difference | ||||
| Other | $0 | Entertainment | ||||||
| Subtotals | $0 | $0 | $0 | Video/DVD | $0 | |||
| CDs | $0 | |||||||
| Insurance | Movies | $0 | ||||||
| Home | $0 | Concerts | $0 | |||||
| Health | $0 | Sporting events | $0 | |||||
| Life | $0 | Live theater | $0 | |||||
| Other | $0 | Other | $0 | |||||
| Subtotals | $0 | $0 | $0 | Subtotals | $0 | $0 | $0 | |
| Food | Loans | |||||||
| Groceries | $0 | Personal | $0 | |||||
| Dining out | $0 | Student | $0 | |||||
| Other | $0 | Credit card | $0 | |||||
| Subtotals | $0 | $0 | $0 | Credit card | $0 | |||
| Credit card | $0 | |||||||
| Children | Other | $0 | ||||||
| Medical | $0 | Subtotals | $0 | $0 | $0 | |||
| Clothing | $0 | |||||||
| School tuition | $0 | Taxes | ||||||
| School supplies | $0 | Federal | $0 | |||||
| Organization dues or fees | $0 | State | $0 | |||||
| Lunch money | $0 | Local | $0 | |||||
| Child care | $0 | Other | $0 | |||||
| Toys/games | $0 | Subtotals | $0 | $0 | $0 | |||
| Other | $0 | |||||||
| Subtotals | $0 | $0 | $0 | Savings or Investments | ||||
| Retirement account | $0 | |||||||
| Pets | Investment account | $0 | ||||||
| Food | $0 | College | $0 | |||||
| Medical | $0 | Other | $0 | |||||
| Grooming | $0 | Subtotals | $0 | $0 | $0 | |||
| Toys | $0 | |||||||
| Other | $0 | Gifts and Donations | ||||||
| Subtotals | $0 | $0 | $0 | Charity 1 | $0 | |||
| Charity 2 | $0 | |||||||
| Personal Care | Charity 3 | $0 | ||||||
| Medical | $0 | Subtotals | $0 | $0 | $0 | |||
| Hair/nails | $0 | |||||||
| Clothing | $0 | Legal | ||||||
| Dry cleaning | $0 | Attorney | $0 | |||||
| Health club | $0 | Alimony | $0 | |||||
| Organization dues or fees | $0 | Payments on lien or judgment | $0 | |||||
| Other | $0 | Other | $0 | |||||
| Subtotals | $0 | $0 | $0 | Subtotals | $0 | $0 | $0 | |