Budget Form

“My budget takes guilt away. I have a set limit that I can spend on whatever I want. No guilt as long as I stick to that limit. “ Elizabeth, Atlanta
Please note this program does not save your information so you will have to print out the page or cut and paste it to another document to save paper. At the bottom of the form, we suggest a budgeting tool that saves your information.

  1. First determine your time frame.

    If this your budget for the month? The quarter? Or Semester? Pick a time frame.
    Month
    Quarter
    Semester

  2. INCOME

    Then determine how much money you have to spend.
    Consider all the sources of your “income” for that time period:

    Income Source

    Income Amount

    Job $
    Savings $
    Family gifts / Support $
    Financial Aid (loan, grant, workstudy) $
    Other $

    INCOME TOTAL:

    $0

    *Remember this is your income for the time period you specified (monthly, quarter, semester). We’re going to assume its net income, or money you have to spend after taxes and deductions.

  3. EXPENSES

    Now you know how much you have to spend so you can complete your budget by filling in your expenses, making sure they do not exceed your income.

    Consider your living expenses:

    Expense Description

    Expense Amount

    Tuition*
    Housing
    Utilities (water, sewer, waste, power)
    automobile payment
    Gasoline
    Car repairs
    Automobile insurance
    Food
    Books/other educational costs
    Dentist
    Doctors
    Prescriptions
    Supplies
    Health Insurance
    Entertainment/recreation
    Personal expenses
    Phone/cell
    Internet
    Cable TV
    Bus/public transportation fare
    Savings
    Laundry
    Gifts
    Other
    Other
    Other
    Unexpected expenses
    Periodic expenses

    TOTAL INCOME:

    $0

    TOTAL EXPENSES**:

    $0

    Budget Balance:

    $0

For a budgeting tool that will retain your information and allow you to revise it over time, please see www.mint.com.

On to the next section!