Proverbs 27:23-24 “Riches can disappear fast… ?] so watch your business interests closely. Know the state of your flocks and herds.”
The only way to make sure you money doesn’t walk away and disappear is to have a budget! The first step is to track your money over a month’s period to see where it is going. You would be surprised what you spend on. Here is an expense report to help you on your way to budgeting: (cut and paste it or email me @ washingtoncommunity@msn.com and I will send you the file!)
Expense Sheet/ Monthly Cash-Flow Plan
Category Budgeted $ Subtotal % Take-Home Pay
Tithes & Charitable Giving ___________
$________ _______________
SAVINGS
Emergency Fund ___________
Retirement Fund ___________
College Fund ___________
$________ _______________
HOUSING
First Mortgage ___________
Second Mortgage ___________
Real Estate Taxes ___________
Homeowner’s Insurance ___________
Home Repairs ___________
Replace Furniture ___________
Other ___________ ___________
$________ _______________
UTILITIES
Electricity ____________
Water ____________
Gas ____________
Phone ____________
Trash ____________
Cable ____________
Internet service ____________
$________ _______________
FOOD
Grocery ____________
Restaurants ____________
$________ _______________
TRANSPORTATION
Car Payment ____________
Car Payment ____________
Gas & Oil ____________
Repairs and Tires ____________
Car Insurance ____________
License and Taxes ____________
Car Replacement ____________
$________ _______________
CLOTHING
Children ____________
Adults ____________
Cleaning/Laundry ____________
(Clothing subtotal) $________ _______________
MEDICAL/HEALTH
Disability Insurance ____________
Category Budgeted $ Subtotal % Take-Home Pay
Health Insurance ____________
Doctor Bills ____________
Dentist ____________
Optometrist ____________
Drugs ____________
Other ___________ ____________
$________ _______________
PERSONAL
Life Insurance ____________
Child Care ____________
Baby-sitter ____________
Toiletries ____________
Cosmetics ____________
Hair Care ____________
Education/Adult ____________
School Tuition ____________
School Supplies ____________
Child Support ____________
Alimony ____________
Subscriptions ____________
Organization Dues ____________
Gifts (Christmas, etc) ____________
Miscellaneous ____________
$________ _______________
BLOW ____________
$________ _______________
RECREATION
Entertainment ____________
Vacation ____________
$________ _______________
DEBTS
Visa 1 ____________
Visa 2 ____________
Mastercard 1 ____________
Mastercard 2 ____________
American Express ____________
Gas Card ____________
Dept. Store Card ____________
Finance Company ____________
Credit Line ____________
Other____________
$________ _______________
GRAND TOTAL ____________
- TOTAL INCOME ____________
Leftover (hopefully positive number here!) ____________

This entry was posted on Sunday, November 6th, 2011 at 6:15 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.