WealthDad_Monthly_Budget_from_v10.xlsx

	A	B	C	D
1	THE WEALTH DAD – MONTHLY BUDGET
2	Step 1: Enter your net income and category amounts in the green cells for Planned and Actual. Step 2: Review your surplus BEFORE and AFTER savings at the bottom. Step 3: Check the Dashboard for savings rate and FIRE progress.
3	Category	Planned	Actual	Difference
4	NET MONTHLY INCOME	8000	8000	0
5
6	HOUSING
7	Mortgage/Rent	2317	2308	-9
8	Property Taxes	262	261	-1
9	Home Maintenance	90	89	-1
10	Homeowner’s/Renter’s Insurance	90	89	-1
11	Utilities (electric, gas, water, etc.)	284	283	-1
12	Phone/Cable/Internet	149	149	0
13	Other Housing	37	37	0
14	Total Housing	3229	3216	-13
15
16	HOUSEHOLD/PERSONAL
17	Groceries	747	856	109
18	Personal Care & Fitness	112	112	0
19	Dry Cleaning	30	30	0
20	Other Household/Personal	75	74	-1
21	Total Household/Personal	964	1072	108
22
23	TRANSPORTATION
24	Auto Payment(s)	336	335	-1
25	Auto Insurance	149	149	0
26	Gas/Parking/Tolls	187	201	14
27	Maintenance/License	56	22	-34
28	Public Transportation	37	37	0
29	Other Transportation	30	0	-30
30	Total Transportation	795	744	-51
31
32	RAISING CHILDREN
33	Dependent Care/Child Care	822	819	-3
34	Education/School	112	112	0
35	Other Raising Children	37	37	0
36	Total Raising Children	971	968	-3
37
38	HEALTH CARE/INSURANCE
39	Health Insurance	448	447	-1
40	Life Insurance	37	37	0
41	Disability Income Insurance	0	0	0
42	Long-term Care Insurance	0	0	0
43	Copayments/Coinsurance	30	30	0
44	Prescription Medication	22	22	0
45	Other Health Care/Insurance	15	15	0
46	Total Health Care/Insurance	552	551	-1
47
48	PERSONAL LOANS
49	Student Loans	224	223	-1
50	Credit Card Debt	187	216	29
51	Other Personal Loans	75	60	-15
52	Total Personal Loans	486	499	13
53
54	FIXED EXPENSES SUBTOTAL	6997	7050	53
55
56	DISCRETIONARY SPENDING
57	Dining Out	262	313	51
58	Monthly/Annual Subscriptions	45	45	0
59	Shopping	112	112	0
60	Entertainment	90	89	-1
61	Vacations	149	0	-149
62	Gifts	56	56	0
63	Charitable Contributions	37	37	0
64	Other Discretionary 1	30	30	0
65	Other Discretionary 2	19	19	0
66	Total Discretionary Spending	800	701	-99
67
68	SAVING AND INVESTMENT CONTRIBUTIONS
69	Emergency Fund	150	150	0
70	College Savings	100	100	0
71	Big Purchase Savings	50	50	0
72	Retirement Savings	150	200	50
73	Other Savings/Investments	50	100	50
74	Total Saving and Investment Contributions	500	600	100
75
76	TOTAL EXPENSES (before Savings)	7797	7751	-46
77
78	MONTHLY SURPLUS BEFORE SAVINGS	203	249	46
79
80	MONTHLY SURPLUS AFTER SAVINGS	-297	-351	-54
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