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