Purpose of Form: - The Budget Worksheet is designed to provide you a place to brainstorm all of your income and expenses and put them on paper in the rough.

There are five categories to your budget. Income, Housing, Other Bills, Household and Savings. In order to fully understand the Budget Worksheet, please visit The Complete Budget and Bill Organizer. There are general instructions that will guide you through the entire budget process.

***See The Sample List Of Items For Each Category Below***

Income - Enter any and all disposable income you receive from paychecks, interest, investments, alimony, child support, etc. The is take home pay.

Housing - List all of your expenses that relate to Housing such as mortgage payments, rent, taxes etc. Should equal no more than 30% of your net income.

Other Bills - This includes all bills not covered elsewhere. Be sure to list only bills and not household expenses in this category. This category should also equal no more that 30% of your income.

Household - The household category is designed to make your budget easy to manage by lumping many items into one category. List all expenses you have between paydays. Again, 30%.

Savings - This is possibly the most important of all of the categories. It is absolutely necessary that you make plans for your financial future and put money away to pay for it. Your short term saving (crisis fund) is used to cover unexpected and irregular expenses. Your long term savings will allow you to fulfil your ultimate long range goals. You should always save at least 10% of your income. How you divide it between long and short term savings is up to you, however a 50-50 split seems to work best.

Please use The Complete Budget and Bill Organizer for instructions in completing this form.

Below is a list of items to be listed under each topic. This list is only to be used as a guide and does not include all possible items.

Housing	Other Bills	Household	Savings
House payment Rent Property Taxes Property Insurance	Utilities Car Payments Credit Card Payments Installment Loans Life & Health Insurance Internet Fees Cable/Sat TV Telephones Auto Insurance	Groceries Health & Beauty Car Gas Dining Out Haircuts & Beauty Shop School Lunches Kid's Allowances Books & Magazines Church Offerings Public Transportation Entertainment Gifts Pet food & Supplies	Crisis Fund Home Repair & Maintenance Auto Repair & Maintenance Appliance Repair or Replacement Unexpected Expenses or Bills Long Term Savings College Fund Home Purchase Auto Purchase