Budgeting Handout

Name ___________________________________________

Future Occupation:

Wages per year $_____________ Wages per month: $_______________

Expenditures for the month:

Rent/house payments (20% of monthly income) ____________

Utilities (13% of monthly income) _______________

Clothing (7% of monthly income) _________________

Food and household goods (8% of monthly income) ________________

Transportation costs (12% of monthly income) _________________

Entertainment (15% of monthly income) ___________________

Miscellaneous/Emergencies (5% of monthly income) _______________

Savings (20% of monthly income) _______________

Expenditures for the year:

Rent or house payments _________________

Utilities ___________________

Clothing ___________________

Food and household goods __________________

Transportation costs ______________________

Entertainment __________________

Miscellaneous/Emergencies __________________

Savings ___________________