Personal Financial Budget Worksheet
ADVERTISEMENT
1
2Personal Financial Budget Worksheet
D E V E L O P I N G A B U D G E T
1
DEVELOPING A
Step one:
BUDGET IS THE
Summarize your gross monthly income and your net pay after taxes.
FIRST AND MOST
Gross pay
+ $
IMPORTANT STEP IN
Other Income
+ $
MANAGING YOUR
Withholdings and taxes
- $
PERSONAL FINANCES.
NET INCOME
= $
Most people think a budget is all
Add your gross pay and other income together, then subtract witholdings and taxes. The result will
about constraints, and no one wants
be your net income. The net income allows you to see how much money you take home each month.
to feel like they can’t buy the things
they want or need. Yet a budget
Step two:
is a tool that helps you track your
Track your monthly spending. Keep a detailed list of every dollar spent, whether
spending and get closer to realizing
cash, check or credit/debit card, for an entire month. Although each month may be
financial freedom (or at
different, it will give you a better idea of where your money is going.
least comfort).
Monthly payments:
The first step in creating a budget is
Monthly tithe
$
to understand where you spend your
Mortgage payment or rent $
money and how much is really spent.
Most people don’t realize what they
Car payment
$
spend on groceries, eating out and
Student loans
$
clothing. Tracking your expenses in
detail is a great way to learn how to
Insurance
$
create a budget.
$
Additional bills
(list all utilities,
credit cards or other regular monthly payments.)
Start by taking a month to track all
$
of your spending. It may be a lot of
$
work, but it will really help when you
$
map out your budget next month.
$
$
Essential expenses:
Groceries
$
Gas
$
Personal
$
Other
$
SUBTOTAL
$
C O N T I N U E D O N N E X T P A G E >
C E P N E T . C O M
( 8 0 0 )
8 2 1 - 1 1 1 2
CH U RCH LOANS ~ CAP ITAL CAMPAIG NS ~ INV EST MENTS ~ RE T IR EMEN T ACCO UN TS ~ P LANN ED GIVING
P ( 5 0 3 ) 3 9 9 - 0 5 5 2
P O B OX 1 2 6 2 9
4 0 7 0 2 7 T H C T. S E , S T E . 2 1 0
S A L E M , O R E G O N 9 7 3 0 9
S A L E M , O R E G O N 9 7 3 0 2
F ( 5 0 3 ) 5 8 1 -3 2 3 7
/church extens ionpl an
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial