Create a spreadsheet of all your regular monthly income and expenses, starting with these common income and expense categories.
|
INCOME |
EXPENSES | ||
|
Take-Home Pay (after taxes and other deductions) |
Rent or Mortgage + Taxes and Property Insurance | ||
|
Child Support/Alimony |
Child Support/Alimony | ||
|
Pension/Social Security |
Health Insurance | ||
|
Disability/Other |
Life Insurance | ||
|
Interest/Dividend | Vehicle Payments | ||
|
Rental Income |
Vehicle Insurance | ||
|
Other |
Vehicle Upkeep | ||
| Other Loans | |||
| Credit Card Payments | |||
|
Utilities | |||
|
Subscriptions/Streaming services | |||
|
Groceries | |||
| Clothes/Personal Care | |||
| Medical/Dental/Prescription | |||
| Household Goods | |||
| Child Care | |||
| Education | |||
| Charitable Donations | |||
| Eating Out | |||
| Entertainment | |||
|
Total Income: |
Total Expenses: |