|
Sample Budget (Spending for Success) Worksheets
The Budget Worksheet to
Match Your Expenses to Your Income
| Estimated Annual Gross Income |
Initial |
Revised |
| Estimated Annual Net Income (Ax65%) |
$_________(A) |
$_________(A) |
| Estimated Monthly Net Income (B/12) |
$_________(B) |
$_________(B) |
| Estimated Monthly Expenses: |
$_________(C) |
$_________(C) |
| Rent/Mortgage |
$_________ |
$_________ |
| Utilities: |
|
|
|
|
Gas/Oil
|
$_________ |
$_________ |
|
|
Electric
|
$_________ |
$_________ |
|
|
Water
|
$_________ |
$_________ |
| Telephone |
$_________ |
$_________ |
| Groceries: |
|
|
|
Food |
$_________ |
$_________ |
|
Household Supplies |
$_________ |
$_________ |
| Transportation: |
|
|
|
Subway/Bus |
$_________ |
$_________ |
|
Gasoline |
$_________ |
$_________ |
|
Car Maintenance |
$_________ |
$_________ |
|
Other_________ |
$_________ |
$_________ |
| Education Loans |
$_________ |
$_________ |
| Savings |
$_________ |
$_________ |
| Credit Cards |
$_________ |
$_________ |
| Insurance: |
|
|
|
Health |
$_________ |
$_________ |
|
Life |
$_________ |
$_________ |
|
Auto |
$_________ |
$_________ |
|
Other_________ |
$_________ |
$_________ |
| Entertainment: |
|
|
|
Meals Away from Home |
$_________ |
$_________ |
|
Movies/Concerts/Theaters |
$_________ |
$_________ |
|
Health Club, etc. |
$_________ |
$_________ |
|
Other_________ |
$_________ |
$_________ |
| Personal: |
|
|
|
Clothes |
$_________ |
$_________ |
|
Grooming (e.g. haircut) |
$_________ |
$_________ |
|
Other_________ |
$_________ |
$_________ |
| Miscellaneous (specify): |
|
|
|
Relocation |
$_________ |
$_________ |
|
_________ |
$_________ |
$_________ |
|
_________ |
$_________ |
$_________ |
|
_________ |
$_________ |
$_________ |
| Monthly Budget |
$_________(D) |
$_________(D) |
| Total Living Budget (Dx12) |
$_________(E) |
$_________(E) |
| Annual Surplus/Deficit |
$_________(B-E) |
$_________(B-E) |
| Monthly Surplus/Deficit |
$_________(C-D) |
$_________(C-D) |
Budget (Spending for Success) Worksheet
| Income
Source
|
Estimated
yearly total
|
Estimated
monthly total
|
| Money
from Parents
|
|
|
| Money
from Savings
|
|
|
| Salary
|
|
|
| Work-Study
|
|
|
| Scholarships
|
|
|
| Grants
|
|
|
| Loans
|
|
|
| Spouse’s
Wages
|
|
|
| Other
|
|
|
| Total
Income
|
$
|
$
|
| Expenses
|
Estimated
yearly total
|
Estimated
monthly total
|
| Tuition
|
|
|
| Fees
|
|
|
| Loan
interest payments
|
|
|
| Books/supplies
|
|
|
| Rent/housing
|
|
|
| Gas/electricity
|
|
|
| Telephone
|
|
|
| Internet
Access/Cable TV
|
|
|
| Other
|
|
|
| Child
Care
|
|
|
| Transportation
Auto gas/maintenance
|
|
|
|
Auto Insurance/Registration
|
|
|
|
Auto Payment
|
|
|
|
Public Transportation
|
|
|
|
Parking
|
|
|
| Food
Groceries
|
|
|
|
Restaurants
|
|
|
|
Snacks
|
|
|
| Clothing
Clothes
|
|
|
|
Laundry/Dry Cleaning
|
|
|
| Entertainment
|
|
|
| Credit
Card Payments
|
|
|
| Medical/Dental
|
|
|
| Miscellaneous
|
|
|
| Total
Expenses
|
$
|
$
|
|
TOTAL
INCOME LESS TOTAL EXPENSES
|
$
|
$
|
|
|
Available
Funds
|
Available
Funds
|
| If
your expenses are greater than your income, you’ll need to reduce your
expenses and/or supplementing your income.
If you need help, consult with your financial aid office one of
many free consumer counseling services.
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