Budget Template

*if you have some payments/costs that you make just once, yearly, or a few times a year then figure out how much you’ll be spend
on that per year and divide it by 12 and add it to your monthly budget*

Sources of Income

Source Amount Comments

Psychologist $3,000 per month

Total income $47,000

Expenses: Places and Spaces

Expense Amount Comments

Rent $503 per month Aparment shared with Grace -
$1089
Electricity/Gas $68.84
Phone/Internet for home $50 & $10 Set up fees – 3.50
Cable/Satellite TV n/a Hulu and Spotify $4.99 per month
Furniture $21.66 $260 on extra furniture split
Renter’s insurance (/12) $10
Laundry and Supplies $120 on time fee per year /$10

Car Payment $122

Gas n/a -- Electric Bill - $22.5 Car is electric, and the charger was
paid by Grace
Repairs Warranty included
Car insurance $87.66
Taxes and registration (/12) $12.46
AAA n/a

Total Expenses $921.62

Expenses: Necessaries: Groceries and Clothes

Expense Amount Comments

Groceries: Food $457.79 per month
Groceries: other n/a
Restaurants $40 May go over depending on month
but limits that to $40 for now

Clothes 219.93 / 3months = $73.31 per

month
Other materials

Total Expenses $571.1

Expenses: Coverage: insurance and retirement

Expense Amount Comments

Health insurance $0 Paid for my work
Co-payments/ deductibles (if you’re $2,500 / 12 - 208.33
using them this month)
Dental coverage $54.17 This price includes the eye car
price as well.
Eye care coverage $17.51
Disability insurance n/a

Retirement $318

Total Expenses $598.01 - $389.68 without the deductibles

Expenses: Pockets: savings and credit

Expense Amount Comments

Savings account $400
Money market mutual fund
Gifts and extra $300 Could go up but depends on
month

Credit card payment n/a

Total Expenses: $700

OVERALL

Income 3,000
Total expenses places and $921.62
spaces
Total expenses necessaries $571.1
Total expenses coverage $389.68
Total expenses pockets $700
Amount I have left over 3,000 - 2,582.4 = 417.6
(income – all total expenses =
amount left)