Calculable form - The Family Credit Union

Average Monthly Expenses

Housing

Rent/Mortgage:

Heat (Average):

Electric:

Water:

Phone/Internet:

Property Taxes:

Household Expenses/Furnishing:

Repair / Improvements:

Home Insurance:

Food

Groceries:

Paper/Cleaning Supplies:

Mid-week Shopping:

Meals Out:

Transport

Gas/Fares:

Maintenance:

Parking:

Car Insurance:

Personal

Clothing:

Medical/Dental/ Vision:

Education*:

Life Insurance:

Gifts:

Donations:

Entertainment**:

Child Care:

Vacations*:

Grooming Supplies:

Haircuts/Laundry:

Pets*:

Cables/Satellite TV:

Expense Subtotal:

Savings:

Emergency Fund:

Other-Our Spending:

Monthly Living Expenses:

Average Monthly Income

Monthly Take Home Pay:

Partner's Take Home Pay:

Other Income:

(include roommate, second job, child support, alimony, Social Security)

Total Monthly Income:

Monthly Income:

less Monthly Expenses:

Amount Available for Debt:

Debt: (i.e. credit cards, home equity loan, car payments, student loans, medical bills, etc.)

Creditors:

Balance:

Payment:

Creditors:

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Payment:

Creditors:

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Creditors:

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Creditors:

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Payment:

Creditors:

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Creditors:

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Creditors:

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Creditors:

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Creditors:

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Creditors:

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Creditors:

Balance:

Payment:

Total Debt Owed:

Total Monthly Debt Payments:

This is your Bottom Line!

*Take year's estimated total and divide by 12 for the average monthly expenses.
**Entertainment includes: Reading, Videos, Music, Hobbies, Going Out, and Sports.