Investments: If you contribute to any investment accounts, include contributions here.Enter your monthly contributions to your emergency savings fund here. Finance experts recommend saving at least 3 months of living expenses. Emergency Fund: An emergency savings account is a stash of money set aside to cover any financial surprises life may throw your way.This section is all about planning for your financial future, from emergency savings to retirement contributions. Examples might include travel costs for an upcoming trip, clothing purchases, or other “non-essentials.” Other: Note any recurring expenses that don’t fall under the above categories in this space.Child Care: Enter any expenses spent on child care, including daycare costs, school fees, and babysitting costs.Personal Care: This may include items such as shampoo, toothpaste, cosmetics, and other personal care essentials.Entertainment: Under this category, include the amount you regularly spend on entertainment activities per month, both at-home, such as television and internet subscriptions, and away from home, such as concert tickets, movie passes, or social events.Pets: If you have a furry friend, fill in this field with monthly expenses for food, medicine, grooming, or veterinary bills.Health Insurance: Enter costs for health insurance if you don’t receive your coverage through your employer, including medical, dental, and vision plans.If you regularly contribute more than the minimum payment, be sure to include the total estimated amount. Credit Cards & Loans: Make sure all minimum credit card and loan payments are accounted for.If you commute by public transportation, include ticket pricing or pass subscriptions. If you drive a car, include auto payments, insurance costs, and gas expenses. Transportation: Enter your total monthly costs for day-to-day transportation.If you regularly eat out at restaurants, estimate and include those expenses. Food: Consider grocery bills or food subscriptions.If you pay renter’s insurance, include those costs here, as well. Housing: Enter your total monthly rent or mortgage payments, including utility bills such as gas, electric, trash, and water.Now let’s take a look at your average monthly expenditures, including both fixed and variable costs.
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