Build A Budget Calculator

Smart money management begins with building a sensible budget. This monthly budget calculator will give you an objective view of your finances and help you find areas where you can trim expenses to make the most of your income.

Step 1: Monthly Income

Your Monthly Take Home Pay	$
Spouse’s Monthly Take Home Pay	$
(Take Home Pay is Net pay plus any loans automatically deducted from your pay check. Mortgage, Auto, etc.)
Other Monthly Income	$

Total Monthly Take Home Pay:

$

Step 2: Monthly Expenses

Housing
Rent & Mortgage	$		2nd Mortgage	$
Condo & Homeowner’s Fees	$		Home & Renters Insurance	$
Property Taxes (If not in mortgage)	$		Home Repairs & Maintenance	$
Electric & Gas	$		Water & Sewer	$
Phone & Cell	$		Cable & Internet	$
Transportation:
Car Payment 1	$		Car Payment 2	$
Monthly Car Insurance	$		Gasoline	$
Car Maintenance	$		Parking/Tolls	$
Food and Personal:
Groceries & Households	$		Clothing for Family	$
Meals Out	$		School Lunches	$
Barber & Beauty Shop	$		Dry Cleaning & Laundry	$
Tobacco & Alcohol	$		Newspaper & Magazines	$
Health and Education:
Health Insurance (If not in pay)	$		Prescriptions	$
Life Insurance (If not in pay)	$		School Supplies	$
Student Loan	$		College Tuition	$
Child Care	$		Child Support	$
Holidays/Gifts:
Family Gifts	$		Employees/Co-workers Gifts	$
Decor/Wrapping paper	$		Cards/Stamps/Photos	$
Travel/Party Foods	$		Other	$
Other:
Hobbies & Sports	$		Pet Care	$
Church & Charitable Donation	$		Other Expenses	$
Monthly Minimum Credit Cards	$		Monthly Minimum Store Cards	$

Total Monthly Expenses:

$

Step 3: Monthly Surplus or Deficit

Total Monthly Income:	$
Total Monthly Expenses:	$
Monthly Surplus/Deficit(-) :	$