Budget worksheet
Your future financial needs will be based on the income you can reasonably expect to receive in your field and planning.
Assignment Information
Using the template provided , estimate what your budget may look like in the future. Include expenses such as:
· Computer hardware and software
· Continuing education
· Certification and Recertification
· Field or Lab Equipment
· Any other needs to maintain professional credibility and marketability
|
Monthly Expenses |
Amount |
|
Mortgage or rent |
800.00 |
|
Taxes: property |
|
|
Money to Savings Account |
2000.00 |
|
Food |
600.00 |
|
Insurance |
|
|
Health bills (not covered by insurance) |
|
|
Car loan |
|
|
Car expenses |
|
|
Credit card bills |
|
|
School loans |
75.00 |
|
Other loans |
|
|
Professional equipment expenses |
|
|
Other professional development expenses |
|
|
Child care |
|
|
Clothing |
1000.00 |
|
Children's Education |
|
|
Entertainment |
150.00 |
|
Vacations |
|
|
Charity |
250.00 |
|
Miscellaneous |
200.00 |
|
|
|
|
|
|
|
Total Monthly Expenses: |
|
|
|
|
|
Yearly Income: |
37,584.30 |
|
Monthly Income from Job: |
1,445.55 |
|
Any other monthly income (child support, dividends, and interest): |
|
|
|
|
|
Total Monthly Income*: |
2,075.00 |
|
|
|
|
Total Monthly Income: |
|
|
Total Monthly Expenses: |
|
|
|
|
|
Difference: |
|
*Divide your annual income by 12 to determine what your monthly income will be will be based on your potential yearly salary.
* Divide your annual income by 12 to determine what your monthly income will be based on your potential yearly salary.