Personal Finance 1 Worksheet 7

Personal Finance 1 Worksheet 7 - W7 BUDGET TRACKER:...

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Directions: Fill in the green cells with your data. Be careful not to modify the red cells. Month Budget Actual Income Income Difference Income Wages and salaries Wage Earner 1 3750 3250 -500 Wage Earner 2 0 0 0 =Total Wages and salaries 3750 3250 -500 + Interest and Dividends 0 0 0 + Royalties, Commissions and Rents 0 0 0 +Other Income 300 300 0 =A. Total Income 4050 3550 -500 Taxes Federal Income and Social Security 460 460 0 +State Income 100 100 0 =B. Total Income Taxes 560 560 0 C. After-Tax Income Available for Living Expenditures 3490 2990 -500 or Take-Home Pay (line A minus line B) Budget Actual Amount Spending Difference Housing Rent 0 0 0 +Mortgage Payments 900 900 0 +Utilities 125 125 0 +Maintenance 85 85 0 +Real Estate and Property Taxes 250 250 0 +Fixed Assets-furniture, appliances, televisions, etc. 25 25 0 +Other Living Expenses 0 0 0 =D. Total Housing Expenditures 0 1385 0 Food Food and Supplies 300 375 -75 +Restaurant Expenses 100 150 -50 =E. Total Food Expenditures 400 525 -125 Clothing and Personal Care New Clothes 150 75 75
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Personal Finance 1 Worksheet 7 - W7 BUDGET TRACKER:...

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