Monthly Income
Income #1 If you get paid once a week, multiply your check amount by 52 and divide by 12 for your monthly income. If you get paid every two weeks, multiply by 26 and divide by 12.
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Income #2 List here any secondary sources of income such as a spouse's income or income from a second job.
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Interest Include only interest income that can be used to pay for monthly expenses, and not interest earned on retirement accounts or other investments.
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Pension If you receive money from a pension account, enter it here.
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Other Include any other regular sources of money (income) that you can include in your monthly financial outlook.
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Fixed Monthly Expenses
Housing (rent/mortgage) Your rent/mortgage allowance should include your total monthly spending on housing including insurance, taxes etc.
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Food Include all food-related expenses including cooking supplies. But don't include money spent on eating at restaurants and that should be included in your entertainment budget.
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Transportation (car payment & car insurance) This amount is your monthly car loan or lease payment. If your car is already paid off, you can enter zero for the amount.
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Medical If your medical insurance isn't deducted from your paycheck, include it here. Also include your average monthly expenditures for prescriptions, co-pays and other medical-related payments.
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Education Include tuition, books, fees and any other educational expenses.
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Total fixed expenses:
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0.00
Flexible Monthly Expenses
Entertainment Include movies, concerts, the ballet, and any money you spend on having a good time. Include money you spend eating at restaurants in this category, not in food expenses.
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Credit cards If you don't pay your entire credit card balance off every month, enter the amount you do pay each month. If you do pay your balance off each month, enter zero for the amount.
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Childcare Include not only day care but also diapers, formula, and other baby-related expenses.
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Total flexible expenses:
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0.00