Budget Basics Work Sheet
The first step in getting yourself in financial shape to buy a home is to know what you make and what you spend now. List your income and expenses below.
Income Take-Home Pay/All Family Members _______________ Child Support/Alimony _______________ Pension/Social Security _______________ Disability/Other Insurance _______________ Interest/Dividends _______________ Other _______________ Total Income _______________ Expenses Rent/Mortgage _______________ Life Insurance _______________ Health/Disability Insurance _______________ Vehicle Insurance _______________ Homeowners or Other Insurance _______________ Car Payments _______________ Other Loan Payments _______________ Savings/Pension Contribution _______________ Utilities _______________ Credit Card Payments _______________ Car Upkeep _______________ Clothing _______________ Personal Care Products _______________ Groceries _______________ Food Prepared Outside the Home _______________ Medical/Dental/Prescriptions _______________ Household Goods _______________ Recreation/Entertainment _______________ Child Care _______________ Education _______________ Charitable Donations _______________ Miscellaneous _______________ Total Expenses _______________ Remaining Income After Expenses _______________
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTOR®
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