Last printed 11/21/2008 12:27:00 PM



Home Budgeting Worksheet

|Name |_________________________________ |

|Date |_________________________________ |

Monthly Income

|Income |Company, Phone, Account# |Avg. $/mo |

|Wages and Bonuses for each family member | | |

|Interest Income | | |

|Pension Income | | |

|Social Security Income | | |

|Investment Income | | |

|Miscellaneous Income | | |

|Deductions | |Avg. $/mo |

|Federal Income Tax | |(-) |

|State and Local Income Tax | |(-) |

|Social Security/Medicare Tax | |(-) |

|Total Spendable Income | |

Monthly Expenses

Note: Add “(Auto)” to the amount in the right column if paid by Automatic transfer.

|Mortgage and Loans |Lending Company, Phone, Website, Account# |Avg. $/mo |

|Mortgage / Rent | | |

|Second Mortgage | | |

|Car Loan | | |

|Credit Card #1 | | |

|Credit Card #2 | | |

|Credit Card #3 | | |

|Student Loan(s) | | |

|Medical Bills | | |

|Home Expenses |Vendor / Contractor, Phone, Purchase# |Avg. $/mo |

|Home Repairs / Maintenance | | |

|Furniture | | |

|Appliances | | |

|Lawn / Garden | | |

|Exterminator | | |

|Plumber | | |

|Home Security System | | |

|House Cleaning Service | | |

|HOA |HOA Treasurer, Address, Phone |Avg. $/mo |

|Home Owner’s Association Dues | | |

|Utilities |Utility Company, Phone, Website, Account# |Avg. $/mo |

|Electricity (Air conditioning) | | |

|Water / Sewer | | |

|Trash / Sanitation | | |

|Natural Gas / Oil (Heating more expensive in | | |

|winter) | | |

|Land-line phone, long distance | | |

|Cell phone(s) | | |

|Cable TV, Satellite | | |

|Netflix, Hulu Plus, Crunchyroll, etc…. | | |

|High-speed Internet | | |

|Property Taxes and Fees |County Treasurer, Phone, Website, Property# |Avg. $/mo |

|Real estate taxes | | |

|Car/boat taxes and fees | | |

|Food |Establishment(s), Phone |Avg. $/mo |

|Groceries (Breakfast, Lunch, Dinner, and | | |

|Snacks) | | |

|Restaurant expenses (Breakfast, Lunch, Dinner, | | |

|Snacks, Beverages, Coffee, Bar expenses) | | |

|Entertaining Guests | | |

|Children |Vendor, Phone |Avg. $/mo |

|Clothing | | |

|Day Care, Babysitting | | |

|School tuition, lunch, supplies | | |

|Lessons, Tutors | | |

|Activities | | |

|Toys / Games | | |

|College tuition, lodging, books | | |

|Legal Obligations |Court, Phone, Case# |Avg. $/mo |

|Alimony / Child Support | | |

|Attorney Fees | | |

|Insurance Premiums |Insurance Company, Agent, Phone, Website, Policy#, Beneficiaries, Amount of Coverage, |Avg. $/mo |

| |Amount of Deductible | |

|(Health, Life, Dental, Vision, Disability, and | | |

|HSA are often packaged within your company's |Adjusting deductible and coverages can often save money and create a safer coverage. | |

|benefit plan) | | |

|Health / Medical | | |

|Life | | |

|Dental | | |

|Vision | | |

|Disability | | |

|Health Savings Account (HSA) Contribution | | |

|Auto | | |

|Homeowners / Renters | | |

|Supplemental | | |

|Health |Provider, Vendor, Phone, Website |Avg. $/mo |

|Medicine / Drugs | | |

|Unreimbursed Medical Expenses (Copays, | | |

|Cosmetic surgery, Cord blood storage, etc.) | | |

|Unreimbursed Dental Expenses, Copays | | |

|Memberships / Clubs |Club name, Phone, Website, Member ID# |Avg. $/mo |

|Fitness (Yoga, Massage, Gym & Sport Health Club| | |

|Memberships) | | |

|Transportation |Lending Company, Phone, Website, Account# |Avg. $/mo |

|Gasoline | | |

|Auto Repairs / Maintenance / Fees / Oil changes| | |

|/ Tires | | |

|Tolls, Bus, Subway, Taxis | | |

|Entertainment and Recreation |Vendor, Phone, Website, Items |Avg. $/mo |

|DVDs, Books | | |

|Newspaper / Magazine / Public television | | |

|subscriptions | | |

|Music / CDs | | |

|Computer Expense | | |

|Hobbies | | |

|Games | | |

|Club Dues | | |

|Movies / Theatre | | |

|Concerts / Shows | | |

|Sports games | | |

|Pets |Vendor, Phone, Items |Avg. $/mo |

|Food, Grooming, Boarding, Veterinarians, Pet | | |

|Medicines | | |

|Education |School, Phone, Classes |Avg. $/mo |

|Tuition, Books & Fees | | |

|Association Fees | | |

|Home Business Expenses |Vendor, Website, Phone, Account# |Avg. $/mo |

|Business Cards | | |

|Domain Name | | |

|Website Hosting | | |

|Travel and Vacation Expenses |Travel Agent, Phone, Account# |Avg. $/mo |

|Lodging, Airfare, Cruise, event, attraction | | |

|tickets, Car Rental, Taxis, Gasoline, airport | | |

|parking, travel insurance, souvenirs | | |

|Gift Expenses |Store, Phone, Items |Avg. $/mo |

|Birthday, Anniversary | | |

|Christmas, Valentines | | |

|Contributions to Savings and Investments |Financial Institution, Phone, Website, Account#, Login ID |Avg. $/mo |

|401(K) contributions (at least to company | | |

|match) | | |

|Roth IRA contributions | | |

|Traditional IRA contributions | | |

|529 College Fund contributions | | |

|Stocks/Bonds/Mutual Funds Treasury Bonds | | |

|Savings Accounts contributions | | |

|Emergency Fund contribution | | |

|Daily Living |Vendor, Phone#, Account# |Avg. $/mo |

|Clothing | | |

|Toiletries, Household Products | | |

|Haircuts / Nail treatments | | |

|Cosmetics, Sundries, Make-up, Other | | |

|Donations |Organization, Phone, Items donated (deductable) |Avg. $/mo |

|Charitable Donations | | |

|Religious Donations | | |

|Total | |

Monthy Budget Summary

|Total |Avg. $/mo |

|Spendable Income | |

|Total Expenses | |

|Net (+ or -) | |

Children’s College Budget

|Investment |Financial Institution, Phone, Website, Account#, Login ID, Beneficiaries |Est. Cash Value |

|College 529 Fund | | |

|Other College Savings | | |

|Total | |

|Year that child(ren) will start college |20___ |

|Estimated Cost of College (See Financial Aid) | |

Financial Advisor

|Advisor |Financial Advisor, Phone, Email, Address, Website, Login ID |

|Advisor #1 | |

|Advisor #2 | |

401K Tracking

|Company where you worked |Start Date & End Date |Financial Institution Managing 401K |

|(and phone number) | |Plan |

| | | |

| | | |

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Oftentimes your "accumulated balance" will include company match amounts that are contingent on your years of service. If you have left the company and are not fully vested, you will forfeit the non-vested part of the balance when rolling over from one 401K to another.

Company Retirement Plans

|Company where you worked |Company, Phone, Website, Account#, Login ID |Est. Cash Value |

| | | |

| | | |

| | | |

Roth or Traditional IRA Yearly Contributions

Try to put $5000 each year into a Roth or Traditional IRA, see Taxes (Reduce your Taxes). Keep track of the following:

|For Tax Year |Date of Contribution |Type of IRA |IRA Name and |Amount |

| | |(Roth or Traditional) |Account Number |Contributed |

|2011 | | | | |

|2012 | | | | |

|2013 | | | | |

|2014 | | | | |

Current Assets and Retirement Budget (See also Investing and Retirement Planning )

Your current assets should ALWAYS include enough available money (an emergency fund) to survive for 8 months if you should encounter unexpected hard times.

|Investment |Financial Institution, Phone, Website, Account#, Login ID, (Investment performance %change last 12|Est. Cash Value |

| |months), Beneficiaries | |

|401(K) | | |

|401(K) | | |

|401(K) | | |

|401(K) | | |

|401(K) | | |

|401(K) | | |

|IRA (Roth) | | |

|IRA (Traditional) | | |

|IRA | | |

|Stock(s) | | |

|Stock(s) | | |

|Mutual Fund(s) | | |

|Mutual Fund(s) | | |

|Checking Account #1 | | |

|Checking Account #2 | | |

|Savings Account(s) | | |

|Equity in Real Estate |(See for the estimated value of your house.) | |

|Equity in Car(s)/Boat(s)/etc. | | |

|Emergency Funds (home/car | | |

|repair, etc...) | | |

|Certificates of Deposit (CD’s) |Bank, Phone, Website, Account#, Login ID, Interest Rate, Initial Balance, Purchase Date, Maturity |Est. Cash Value |

| |Date Bond type, Initial Balance, Purchase Date, Maturity Date | |

|CD #1 | | |

|CD #2 | | |

|CD #3 | | |

|Treasury Bond(s) |Bond Type, Interest Rate, Initial Balance, Purchase Date, Maturity Date, |Est. Cash Value |

|Treasury Bond #1 | | |

|Treasury Bond #2 | | |

|Total | |

Current Debt (as of today)

|Type of Debt |Interest |Lending Company, Phone, Website, Account#, Login ID |Remaining Principle ($)|

| |Rate % | | |

|Mortgage | | | |

|2nd Mortgage | | | |

|Student Loan(s) | | | |

|Car Loan(s) | | | |

|Credit Card #1 | | | |

|Credit Card #2 | | | |

|Credit Card #3 | | | |

|Total | |

Current Net Retirement Savings / Net Worth (as of today) for Retirement and Paying for Children's College

|Total Assets (+) |+ _________ |

|Total Debt |- __________ |

|Net Savings (+ or -) | |

|Year you plan to retire (age 67 perhaps) | |

List of Items Stored in Off-site Secure Location (Safety Deposit Box)

|Off-site Secure Location | |

|Safety Deposit Box Number | |

|Location of Key to Safety Deposit Box | |

|Items stored at this location |Flash drive containing electronic documents (tax returns, digital photographs, this document, digital photos of house |

| |contents for insurance purposes) |

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