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learning how to budget

Here are some categories to consider including when creating a family budget.

INCOME

Ÿ Salary

Ÿ Spouse’s salary

Ÿ Bonus

Ÿ Dividends

Ÿ Gifts received

Ÿ Interest

Ÿ Reimbursements

Ÿ Tips

EXPENSES

Ÿ Rent/mortgage

Ÿ Home/renters insurance

Ÿ Car loans

Ÿ Car insurance

Ÿ Car — gas, service

Ÿ Groceries

Ÿ Utilities

Ÿ Water

Ÿ Sewer/garbage

Ÿ Phone (cell, land line)

Ÿ Cable

Ÿ Internet

Ÿ Childcare

Ÿ Loans (student, personal)

Ÿ Entertainment (dining, nightclubs)

Ÿ Clothing

Ÿ Commuting costs

Ÿ Beauty/hair

Ÿ Household repairs

Ÿ Medical/dental

Ÿ Savings

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