| A | B | C | D | E | F | G | H | I | J | K | L | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Reverse Budgeting form | |||||||||||
2 | October-11 | Cumulative | Anticipated Income | |||||||||
3 | Priority | Item | Cost | Cost | ||||||||
4 | 1 | Food | $300.00 | $300.00 | Regular Monthly Salary | $2,300.00 | ||||||
5 | 2 | Mortgage/Rent | $700.00 | $1,000.00 | Self-Employed Income | $375.00 | ||||||
6 | 3 | Gas/Car | $200.00 | $1,200.00 | Misc Income | $50.00 | ||||||
7 | 4 | Utilities | $275.00 | $1,475.00 | Total Income for the month | $2,725.00 | ||||||
8 | 5 | Giving | $100.00 | $1,575.00 | ||||||||
9 | 6 | Minimum Debt payment | $250.00 | $1,825.00 | Total Over/(Under) for your goal | $175 | ||||||
10 | 7 | Insurance | $175.00 | $2,000.00 | ||||||||
11 | 8 | Membership Fees/Dues | $50.00 | $2,050.00 | Instructions: In Column B prioritize your spending goals for the month with 1 being the highest priority. In Column C list how much each goal will be for the month. After all amounts are entered, Cell D29 will tell you how much money you need to make for that month to reach your goal. In Cells G 4-6, list your anticipated income for the month. Cell G9 will show how much over or (under) you are anticipated to be in your spending goals. If you are over, feel free to add more items to get to zero, if you are under, think of some creative ways to earn more income to reach your goals for the month, or cut back on your desired goals. | |||||||
12 | 9 | Clothes | $50.00 | $2,100.00 | ||||||||
13 | 10 | Emergency Savings | $100.00 | $2,200.00 | ||||||||
14 | 11 | Debt Snowball Extra Payment | $200.00 | $2,400.00 | ||||||||
15 | 12 | Eating out | $75.00 | $2,475.00 | ||||||||
16 | 13 | Christmas savings | $25.00 | $2,500.00 | ||||||||
17 | 14 | Summer Vacation Fund | $50.00 | $2,550.00 | ||||||||
18 | 15 | $0.00 | $2,550.00 | |||||||||
19 | 16 | $0.00 | $2,550.00 | |||||||||
20 | 17 | $0.00 | $2,550.00 | JWFinancialCoaching.Wordpress.Com/ | ||||||||
21 | 18 | $0.00 | $2,550.00 | |||||||||
22 | 19 | $0.00 | $2,550.00 | JW's Financial Coaching-A New perspective on your money | ||||||||
23 | 20 | $0.00 | $2,550.00 | |||||||||
24 | 21 | $0.00 | $2,550.00 | |||||||||
25 | 22 | $0.00 | $2,550.00 | |||||||||
26 | 23 | $0.00 | $2,550.00 | |||||||||
27 | 24 | $0.00 | $2,550.00 | |||||||||
28 | 25 | $0.00 | $2,550.00 | |||||||||
29 | Total | $2,550.00 | $2,550.00 | ***Total amount of income needed to make this month to meet all your goals. | ||||||||
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