Budget Basics Worksheet
The first step in getting yourself in financial shape to buy a home is to know exactly how much money comes in and how much goes out. Use this worksheet to list your income and expenses below.
| INCOME |
|
| Take Home Pay (all family members) |
|
| Child Support/Alimony |
|
| Pension/Social Security |
|
| Disability/Other Insurance |
|
| Interest/Dividends |
|
| Other |
|
| Total Income |
|
| EXPENSES |
|
| Rent/Mortgage (include taxes, principal, and insurance) |
|
| Life Insurance |
|
| Health/Disability Insurance |
|
| Vehicle Insurance |
|
| Homeowner's or Other Insurance |
|
| Car Payments |
|
| Other Loan Payments |
|
| Savings/Pension Contribution |
|
| Utilities (gas, water, electric, phone) |
|
| Credit Card Payments |
|
| Car Upkeep (gas, maintenance, etc.) |
|
| Clothing |
|
| Personal Care Products (shampoo, cologne, etc.) |
|
| Groceries |
|
| Food Outside the Home (restaurant meals and carryout) |
|
| Medical/Dental/Prescriptions |
|
| Household Goods (hardware, lawn, and garden) |
|
| Recreation/Entertainment |
|
| Child Care |
|
| Education (continuing education, classes, etc.) |
|
| Charitable Donations |
|
| Miscellaneous |
|
| Total Expenses |
|
Remaining Income After Expenses
(Subtract Total Income from Total Expenses) |
|