Household Budget Calculator Description Are you spending more than you make? Or are you making more than you spend? Where does all the money go? Will you have enough saved for retirement? A household budget is nothing more than a plan that sets spending goals over a period of time and allows you to monitor how you are doing against that plan. When to Use Use this household budgeting calculator to: Examine the nature of your spending habits Establish a tax reduction plan To plan for retirement To set savings goals for vacation, a new car, college and the like Examine the nature of your personal Wealth....How much liquidity do you have? What information you will need To effectively use this financial tool it is best to have the following on hand: checkbook paycheck stub(s) records of other income (dividends, interest statements, brokerage accounts etc) copies of major bills (telephone, utilities, auto insurance, health insurance etc.) life insurance policy statement (showing annual premiums) most recent tax return and credit card statements and loan statements mortgage statements other debts Note: You do not need to have all this information to use the tool, but the more you have available, the more accurate the calculation. INCOME Date: Title: Step 1: Record your Income Salary #1 Weekly Every other week Bi Monthly Monthly Quarterly Yearly Salary #2 Weekly Every other week Bi Monthly Monthly Quarterly Yearly Interest Income Weekly Every other week Bi Monthly Monthly Quarterly Yearly Dividends Weekly Every other week Bi Monthly Monthly Quarterly Yearly Other # 1 Weekly Every other week Bi Monthly Monthly Quarterly Yearly Other # 2 Weekly Every other week Bi Monthly Monthly Quarterly Yearly Other # 3 Weekly Every other week Bi Monthly Monthly Quarterly Yearly Step 2: Record your Weekly Expenses Groceries Transportation Fuel Repairs Loans Insurance Other Trans Child Care Household Supplies Dining Out Other # 1 Other # 2 Other # 3 Total Weekly Expenses on Results Page Step 3: Record your Monthly Expenses Housing Utilities Phone Cable Loan Repayments Other # 1 Other # 2 Other # 3 Total Monthly Expenses on Results Page Step 4: Record your Taxes Federal Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly State/Local Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Property Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Other Taxes Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Other # 1 Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Other # 2 Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Other # 3 Weekly Every other week Bi Monthly Quarterly Bi-Annually Yearly Total Taxes on Results Page Step 5: Record your Other Expenses Medical & Dental Expenses Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Repairs Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Retirement Savings Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Regular Savings Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Entertainment Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Vacations Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Gifts Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly College Savings Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Other # 1 Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Other # 2 Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Other # 3 Weekly Every other week Bi Monthly Monthly Quarterly Bi-Annually Yearly Total Other Expenses on Results Page