50-20-30 Budget Page from TCI Foundation

The table below is an example of the sample budget provided by the TCI Foundation to the Managing Debt and Budgeting for Success workshop. Use the following link to download the full Excel version, complete with formulas: Budget form in Excel spreadsheet format

Month Oct Nov Dec Jan Feb March April May June July August  Sept
INCOME                        
Wages  - net                        
Alimony                        
Child Support                        
Tax Refund                        
Other                        
TOTAL INCOME 0 0 0 0 0 0 0 0 0 0 0 0
                         
Must Pay                        
Rent/Mortgage                        
Renter's Insurance                        
Electric                        
Gas                        
Water                        
Trash                        
Groceries                        
Cable/Internet/Phone                        
Car payment                        
Gas                        
Student loan                        
Credit card                         
Credit card                         
Health insurance                        
Life insurance                        
Gym contract                        
TOTAL Must Pay Bills    <50% 0 0 0 0 0 0 0 0 0 0 0 0
                         
Occasional Expenses (Must Pay)                        
Home Maintenance/Repairs                        
Car insurance                        
Car Maintenance/Repairs                        
MVD Registration                        
Federal taxes                        
State/local taxes                        
Accounting/legal fees                        
Medical co-pays                        
Dentist                        
Glasses/contacts                        
School tuition/books                        
Children - daycare                        
Children - school lunch                        
Children - school supplies                        
TOTAL Occasional Expenses (Must Pay) 0 0 0 0 0 0 0 0 0 0 0 0
                         
Financial Goals                          
Emergency Fund                        
Bank/Credit Union savings                        
Retirement                        
Investments                        
College                        
Car Replacement Fund                         
Vacation                        
TOTAL Financial Goals   20%+ 0 0 0 0 0 0 0 0 0 0 0 0
                         
Discretionary Spending                        
Restaurants                        
Home Improvements                        
Home furnishings                        
Appliances                        
Lawn/Garden                        
Cleaning service                        
Pest control                        
Security system                        
Storage unit                        
Clothing - adult                        
Clothing - children                        
Dry cleaning                        
Children - babysitting                        
Children - lessons, camp                        
Charitable donations                        
Personal Care/Salon services                        
Gifts                        
Entertainment-movies, books, concerts,etc                        
Gym membership                        
Hobbies/sports                        
Pets - food, vet, kennel                        
Bank charges                        
TOTAL Discretionary Spending 0 0 0 0 0 0 0 0 0 0 0 0
                         
TOTAL INCOME 0 0 0 0 0 0 0 0 0 0 0 0
                         
TOTAL Must Pay Bills    <50% 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL Occasional Expenses - Must Pay 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL Financial Goals     20%+ 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL Discretionary Spending 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL EXPENSES 0 0 0 0 0 0 0 0 0 0 0 0
                         
NET INCOME 0 0 0 0 0 0 0 0 0 0 0 0
Last updated 21 Nov 2016