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Personal Home Budget Calculation

Home and personal budgeting problems may seem innocent enough, but a poor budget or cash flow allocation can quickly lead to very serious financial collapse. This program works not only to help calculate your home budget but also uses the data you enter to cross check your personal expenses and alert you to inaccuracies in your perceived personal home budget. Most importantly, the system should force you to redo the budget form until you have accounted for all of your cash, check and credit card expenses. As a debt attorney, I found one of the most common reasons behind people falling into financial problems stemmed from not accurately knowing where they budget and spent their money. Even for those of you without money problems, understanding the truth about your personal budget finances can help save even more money for college or retirement. For help determining how to deal with your own personal financial or budget problems visit fix-debt.com. If you think you could be helped by a budget calculator like this one designed to cross check your budget to insure all personal spending has been accounted for but you have trouble understanding what to do in order to use this budget calculator try reading the tutorial on how to use the personal home budget calculator. Once you have used this budget calulator to establish your initial budget and discover exactly where you are spending your money try mvelopes to maintain your personal budget each month. For a basic budget worksheet try the budget worksheet in our home buyer course. For help understanding debt read the materials at debtworkout.com.

     In an area which requires a dollar amount, please enter "4000" instead of $4,000.00, "100000" instead of "$100,000.00" (no dollar sign, comma or period).


Monthly Income & Money Inflow


If you need to start again, click here:   To zero out all the numbers


Choose a recent month to work with where you have all of your bank and credit card statements. For the month you are working with enter the following:
Checking Accounts: If you use more than one combine balances
Beginning Bank Balance 
Ending Bank Balance 
Total Deposits 
Projected Expenses 


Now type in your Income Information
Net Income from Employment 
Credit Card Cash Advances 
Cash gifts from Friends or Relatives 
Cash/Loans from Friends, Relatives or Banks 
Total Unsecured Debt 


Monthly Expenses & Money Outflow



YOUR EXPENSES PER MONTH  PAID BY CHECK OR CASH  CHARGED TO CREDIT CARDS  DUE BUT NOT PAID THIS MONTH 
Mortgage principal and interest only or Rent if Renter (taxes and insurance go elsewhere) 
Homeowner's insurance 
Real estate property taxes 
Heating costs 
Water and sewer charges 
Electricity 
Natural gas and propane 
Main grocery purchases 
Automobile payments 
Automobile insurances 
Gasoline 
Sub Total Expenses 
Other house expenses 
Telephone 
Furniture purchase, replacement 
Home maintenance 
Lunches and work- and school-related meals 
Snacks, coffee, donuts and other "fast food" 
Milk, cookie and crackers and other convenience store purchases  
Freezer plans 
Other food, pet food 
Children's clothing, sneakers, school wardrobe, ect. 
Adults clothing 
Work clothes 
Education (home schooling) or private tuition, adult education, continuing education 
Childcare, daycare 
Cable or Satellite Service 
Internet Access 
Movie rentals 
Movies, at theaters 
Meals at restaurants 
Other Entertainment 
Cigarettes, cigars, beer, wine, liquor 
Lottery tickets and similar 
Casino, horse racing and other gambling expenses 
Vacation flights 
Vacation hotels, motels 
Vacation admission tickets, food, cigarettes, drinks, etc. 
Weekend or day trips 
Birthdays and holidays 
Personal hygiene, hair cuts 
Sports participation fees 
Sports, program tickets, equipment, health club memberships 
Oil and lube, routine maintenance 
Yearly Major Repairs / 12 
Business travel, flights, hotels, non-reimbursed meals 
Medical or dental health insurance 
Prescription medications 
Non-prescription meds 
Non-insured trips to chiropractors, therapists, masseuses 
Life insurances 
Disability insurance 
Money for Savings 
Money for Retirement 
Total of monthly credit card payments 
Describe other living expenses 
Amount 
Other, 2 description 
Amount 
Other, 3 description 
Amount 
Other, 4 description 
Amount 
Federal taxes, monthly above and beyond taxes withheld 
State taxes, monthly above and beyond taxes withheld 
TOTAL 

To Calculate (Or ReCalculate) Your Total Expenses:   


Scroll down to view the analysis of your budget.

DIFFERENCE BETWEEN EXPENSES AND INCOME  =  
To Calculate The Difference between your Expenses and Income!


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