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02.06 budget worksheet

28/12/2020 Client: saad24vbs Deadline: 10 Days

02.06 Budget Worksheet

Career _________________________________________


Total Yearly Expenses

Difference (net income minus expenses)

Entertainment Yearly Cost

Video/DVD

Vacation

Other

Subtotals

Other Credit Debt Yearly Cost

Student Loan

Credit Card

Credit Card

Other

Subtotals

Utilities Yearly Cost

Phone and/or Cell Phone

Cable and Internet

Electric and Gas

Water and Sewer

Waste Removal

Subtotals

Personal Care Yearly Cost

Health Insurance

Other Medical Costs

Hair/Nails

Clothing & Laundry

Health Club

Organization Dues or Fees

Other

Subtotals

Gifts and Donations Yearly Cost

Holidays and Birthdays

Charity Donations

Other

Subtotals

Yearly Budget Gross Net

Income

Housing Yearly Cost

Mortgage or rent

Maintenance or repairs

Supplies

Home Insurance

Furnishings

Subtotals

Transportation Yearly Cost

Vehicle Payment

Bus/Taxi Fare

Automobile Insurance

Licensing

Fuel

Maintenance

Other

Subtotals

Food Yearly Cost

Groceries

Dining Out

Subtotals

Pets Yearly Cost

Food

Medical

Grooming

Toys

Other

Subtotals

Savings or Investments Yearly Cost

Retirement Account

Investment Account

Emergency Savings

Subtotals



Reflecting on this Activity

Why is budgeting important to your life?

Describe your experience with this process. Was it easy, difficult, or somewhere in the middle? What factors contributed to your feelings?

How might the use of credit for a large purchase affect your budget? Discuss which type of credit plan you would use, and how your budget can help you protect your credit score.

What adjustments did you have to make to your budget? How did you decide where to make changes?

Will you begin using a budget regularly now? Why or why not?

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