May 8, 2013

My Clients Use This Budget Spreadsheet

Hey Readers,

One of the top value creators I offer my customers at the bank is a budget review.  Usually, I recommend this after a few common scenarios:

1. Can't find extra money to save for retirement
2. Having kids and don't know how to prepare
3. Interested in purchasing a larger home
4. They're broke

I'd say over 50% of the time the reason I discuss budgets with clients is due to #4, but that's another story.

As soon as I figure out the best way to attach an excel spreadsheet to this blog, I'll do it. . . but for now, the budget worksheet is below.  Feel free to copy/paste into excel, and I hope it helps you control spending and reach your goals!

*May Want to Use Cash/EnvelopesBudgetACTUAL
CurrentJanFebMar
ExpensesGiving
Saving
Emergency Fund
Retirement Accounts
Kids College Fund
Total Savings
Housing
Mortgage
Real Estate Taxes
Homeowners Insurance
Repairs/Maintenace Fee
New Furniture
Total Housing
Utilities
Electric
Water
Gas
Phone
Trash
Cable
Total Utilities
*Food
(includes toiletries/cleaning)*Groceries 
*Restaurants
Total Food
Transportation
Car Payment
Car Payment
Parking Spot
*Gas and Oil
Repairs/Tires
Car Insurance
License and Taxes
Car Replacement
Total Transportation
*Clothes
Medical/Health
Disability Insurance
Health Insurance
Doctor's Bills
Dentist
Optometrist
Medications
Total Medical
Personal
Life Insurance
Child Care
*Baby Sitter
*Hair Care/Cosmetics
Organization Dues
Gifts (incl. Christmas)
Misc.
*Blow Money
Total Personal
Recreation
*Entertainment
Vacation
Total Recreation
Debts
Visa
Amex
Student Loan
other
Total Debt
TOTAL EXPENSES
IncomeNET INCOME
Over/Under Budget
Spouse 1 Income
Spouse 2 Income
Other Income
I lovingly agree to the above budget, and promise to do my best to keep if for the benefit of our
family's future.
Spouse 1 _________________________Spouse 2___________________________

1 comment:

  1. Thanks for sharing! sometimes it's hard to get both spouses to agree, I like the signatures at the bottom!

    ReplyDelete