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Basic Zero-Based Budget Income Paycheck #1 $----- Paycheck #2 $----- Paycheck #3 $------ Paycheck #4 $------- Other Income $------- Other Income $----- Total Income $----- Off the top Tithe 10% $------ Saving 10% $------ Total $---- Cash Envelopes Food $----- Household $------ Gasoline $------- Pet Supplies $------ Hair Care $----- Blow Money $------ Commissions $----- -------------- $----- --------------- $----- Total $------ Off The Top Total $---- Cash Envelopes Total $---- Expenses Total $---- Overall Total $---- Monthly Expenses Budgeted Actual Mortgage $---- $--- Car Payment $---- $---- Car Insurance $---- $--- Life Insurance $----- $----- Health Insurance $---- $-- Cable/Satellite $--- $-- Phones $--- $-- Internet $--- $--- Water/Sewer $--- $--- Trash $-- $-- Electric $-- $-- Student Loan $--- $--- Car Maint
Basic Zero-Based Budget
Income
Paycheck #1 $-----
Paycheck #2 $-----
Paycheck #3 $------
Paycheck #4 $-------
Other Income $-------
Other Income $-----
Total Income $-----
Off the top
Tithe 10% $------
Saving 10% $------
Total $----
Cash Envelopes
Food $-----
Household $------
Gasoline $-------
Pet Supplies $------
Hair Care $-----
Blow Money $------
Commissions $-----
-------------- $-----
--------------- $-----
Total $------
Off The Top Total $----
Cash Envelopes Total $----
Expenses Total $----
Overall Total $----
Monthly Expenses
|
|
Budgeted |
Actual |
|
Mortgage |
$---- |
$--- |
|
Car Payment |
$---- |
$---- |
|
Car Insurance |
$---- |
$--- |
|
Life Insurance |
$----- |
$----- |
|
Health Insurance |
$---- |
$-- |
|
Cable/Satellite |
$--- |
$-- |
|
Phones |
$--- |
$-- |
|
Internet |
$--- |
$--- |
|
Water/Sewer |
$--- |
$--- |
|
Trash |
$-- |
$-- |
|
Electric |
$-- |
$-- |
|
Student Loan |
$--- |
$--- |
|
Car Maint. |
$--- |
$--- |
|
Debt 1 |
$--- |
$-- |
|
Debt 2 |
$--- |
$--- |
|
Debt 3 |
$-- |
$--- |
|
Debt 4 |
$--- |
$-- |
|
------- |
$--- |
$--- |
|
------- |
$--- |
$--- |
|
Total |
$--- |
$--- |
Total Income $---
Overall Total $---
-----
Equals $____0.00
Note: Your total expenses should = total income
Now that you see your budget. What do you need to do differently? Please explain:
What non-essential items do you need to eliminate or cut back? List items you need to cut back on.
What are some ways you can increase your income? Please give examples:
Expert Solution
PFA
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