You’ll be calculating everything according to a per-month cost on this worksheet, so you may need to break down quarterly or yearly bills. FIrst, make note of any recurring home-related expenses that you may have.
|Mortgage/Rent||Utilities||Home Insurance||Internet/Phone||Child Care|
Next, write down any travel (in the commuting sense, not in the vacation sense) expenses that you pay on a regular basis. Provide your best estimate for things like fuel costs.
|Car Insurance||Fuel||Car Maintenance||Public Transit Access||Misc.|
Don’t worry about totals right now, just write down minimum payments in this section.
|Credit Card Payments||Student Loan Payments||Tax Payments||Auto Loan Payments||Misc.|
We obviously can’t forget health expenses – again, make your best estimate for things like prescription and co-pay costs for a given month.
|Health Insurance||Prescriptions||Co-Pays||Medical Debt Payments||Gym Membership|
This section has a couple more suggestions for expenses you may have overlooked, as well as a few more Misc. boxes for those expenses we didn’t even think of.
|Monthly Total||Annual Total|