“Blessed are you who are poor, for yours is the kingdom of God
Blessed are you who are hungry now, for you will be filled.”
(Luke 6:20-21)
Following is a basic budget worksheet. You would be amazed at how many people have never sat down to look and make certain that the amount of money they bring in is more than they spend is a month. Feel free to print off this basic budget worksheet to assist you in managing your money.
Monthly Income:
Are You Employed? Amount _______
Spouse/Partner Employed? Amount _______
Other Household Member Employed? Amount _______
Other Household Member Employed? Amount _______
Income from household SSI, SSD, Public Assistance, Retirement Funds, and/or Pension?
Type? __________________ Amount _______
Type? __________________ Amount _______
Type? __________________ Amount _______
Type? __________________ Amount _______
Alimony or Child Support Amount _______
Additional Income Amount _______
Additional Income Amount _______
Additional Income Amount _______
Total Income: _______________
Food stamps? Food Stamp Amount: _______________
——————————————————–
Monthly Expenses:
Monthly Housing Rent / Lot Rent / Mortgage Amount _______
Average Monthly Electric Bill Amount _______
Average Monthly Heating Bill Amount _______
Average Monthly Water Bill Amount _______
Average Monthly Cost for Gasoline (for vehicle) Amount _______
Monthly Car Payment(s) Amount _______
Monthly Car Insurance Bill Amount _______
Monthly Home Owners/Renal Insurance Amount _______
Other Monthly Insurance (i.e. Life Insurance, etc.) Amount _______
Average Monthly Telephone Bill Amount _______
Average Monthly Cell Phone Bill Amount _______
Monthly Cable/Satellite Bill Amount _______
Monthly Internet Charge Amount _______
Average Monthly Food Spending Amount _______
Average Monthly Clothing Spending Amount _______
Monthly Credit Card Payments Amount _______
Monthly School Loan Payments Amount _______
Monthly Child Support Payments Amount _______
Monthly Alimony Payments Amount _______
Monthly Fines Amount _______
Monthly Entertainment (Restaurants, Hair, etc.) Amount _______
Cigarettes (Monthly Expense) Amount _______
Drug and/or Alcohol (Monthly Expense) Amount _______
Other Amount _______
Other Amount _______
Other Amount _______
Other Amount _______
Total Expenses ____________________
Total Income ______________________
Subtract Total Expenses -______________________
Equals Balance = ______________________
If your expenses are more than your income you have two options: (1) Make more money or (2) Do not spend as much money. Is there any way to increase your monthly money? Is there any way to cut the amount of money you spend? What expenses are essential to living? Which expenses are helpful, but not necessary? Working for more money or going without can both be hard options, but they may be the only options you have. One way to help free up money is to learn how to eat cheaply, but healthy.
The Good and Cheap Cookbook.
Good and Cheap is a gorgeous cookbook for people with limited income, particularly those on a $4/day food stamps budget.
What is Good and Cheap?
Good and Cheap is a free PDF cookbook for people with very tight budgets, particularly those on SNAP/Food Stamp benefits. It has been downloaded more than 500,000 times. Download and start using your copy today.
Grace Connection: (570) 268-0431 / PO BOX 122, Towanda PA 18848 / graceconnection122@gmail.com
Grace Connection 