Page 24 - Book2E

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B. Now make a list of your variable monthly expenses and add the amounts
• Water
• Heat
• Cell Phone
• Credit Card(s)
• Contributions
• Clothing
• Medical/Medications
• Day Care
If possible, record these for the past
record as many months as you can. The more months you can find, the more accurate your budget will be. If you haven’t kept records, then begin recording these variable expenses now and use the totals after five or six months to determine your monthly Variable Expenses.
Write the totals below:
Month 1_________ Month 2 _________ Month 3 _________ Month 4_________ Month 5 _________ Month 6 _________ Total _____________ divided by 6 = _____________
Write your average Monthly Variable Expenses here
C. Make a list of your Discretionary Monthly Expenses and add the amounts .
• Cell Phone
• Entertainment
• Hair Care
• Birthday Gifts
• Holiday Gifts
• Dry Cleaning
• Contributions
• Clothing
• Dining out
• Anniversary Gifts • Vacation
• Other
Establishing a Budget
• Electricity
• Telephone
• Groceries
• Gasoline (Car) • Entertainment • Haircuts
• Other
six months. If not six months, then