Where is my money going?

Where is my money going?

To be financially secure, you need a plan. A budget is just that, a spending plan to help you manage your finances. As you prepare your budget, don't forget your tithes and offerings. Take a few moments to see where your money is going.

Assumptions

Monthly or annual figures?

Itemized Income

Wages, salary and tips ($)

Interest on savings accounts, CDs, etc. ($)

Dividends from stocks, etc. ($)

Social security benefits ($)

Pensions ($)

Alimony, child support (received) ($)

Other income ($)

Itemized Expenses

Charitable/Church donations ($)

Mortgage payment or rent ($)

Vacation home (mortgage) ($)

Automobile loan(s) ($)

Personal loan(s) ($)

Charge accounts ($)

Federal income taxes ($)

State income taxes ($)

FICA (social security taxes) ($)

Real estate taxes ($)

Other taxes ($)

Utilities ($)

Household repairs and maintenance ($)

Food ($)

Clothing and laundry ($)

Educational expenses ($)

Child care ($)

Automobile expenses (gas, repairs, etc.) ($)

Other transportation expenses ($)

Life insurance premiums ($)

Homeowners (renters) insurance ($)

Automobile insurance ($)

Medical, dental and disability insurance ($)

Entertainment and dining ($)

Recreation and travel ($)

Club dues ($)

Hobbies ($)

Gifts ($)

Major home improvements and furnishings ($)

Professional services ($)

Other and miscellaneous expenses ($)

This calculator is provided courtesy of CalcXML to assist you in planning for your future. The quality of the analysis is the result of information you provide. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. For a more comprehensive analysis of your financial health then calculate your FIST®Score.

Analysis is provided for general illustration and/or informational purposes only and is not to be construed as tax, legal, or investment advice. Although the calculator is based on information from sources believed to be reliable, accuracy and individual circumstances can vary. The information should be relied upon only when coordinated with individual advice from qualified professionals.

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