Budget Planner
description
Transcript of Budget Planner
Page 1
Budget planner
Summary Income
HOW TO USE Show results###
Programs Income
Income $73,736
###
Total income: $73,736###
###
Customising Outgoings ###
Financial comm. $17,160###
Home $1,000###
Utilities $2,696###
NOTE: Altering the budget planner (eg. adding rows/columns) may result in incorrect outputs Education $4,264###
Health $2,868###
Shopping $12,200###
Feedback Transport $6,268###
We welcome all feedback. Send feedback via the website form (www.moneysmart.gov.au/feedback) or use the Entertainment $5,500
feedback options on the Budget Planner webpage Eating out $1,200
Total outgoings: $53,156
This original version of this budget planner is published on www.moneysmart.gov.au and is subject to copyright. What's left: $20,580###
per year
[Version: 2.01 - Sept 2013] ###
###
§ you can save Excel file to your own computer
§ you need Microsoft Office 2003 or higher (Excel)
§ you can choose how often you receive income or pay expenses using the dropdown list in the frequency column
§ you can customise the labels in the spreadsheet to better suit your needs by renaming existing fields
Source: www.moneysmart.gov.au
Financial commitments
Home / utilities
Education / health
Shopping / transport
Entertainment / eating out
Income Results
Page 2
Budget planner
Summary
Income Show results
Frequency Amount Annually amount
Your take-home pay $828 $21,528 Income ###
Your partner's take-home pay $1,864 $48,464 Income $73,736
Bonuses/overtime $0 $0 Total income: $73,736
Income from savings and investments $0 $0 ###
Outgoings Select
Centrelink benefits $0 $0 Financial comm. $17,160
Family benefit payments $144 $3,744 Home $1,000
Utilities $2,696
Child support received $0 $0 Education $4,264
Other $0 $0 Health $2,868
Total $73,736 Shopping $12,200
Transport $6,268
Entertainment $5,500
Eating out $1,200
Total outgoings: $53,156
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilities Education / health Shopping / transportEntertainment / eating
outIncome Results
Page 3
Budget planner
Summary
Financial Commitments Show results
Frequency Amount Annually amount
Rent / Mortgage $660 $17,160 Income ###
Car loan repayments $0 $0 Income $73,736
Other loan repayments $0 $0 Total income: $73,736
Credit card interest $0 $0 ###
Outgoings Select
Voluntary super contributions $0 $0 Financial comm. $17,160
Savings $0 $0 Home $1,000
Utilities $2,696
Child support payments $0 $0 Education $4,264
Donations / Charity $0 $0 Health $2,868
Shopping $12,200
Pocket money $0 $0 Transport $6,268
Type in your own expense $0 $0 Entertainment $5,500
Total $17,160 Eating out $1,200
Total outgoings: $53,156
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilities Education / health Shopping / transportEntertainment / eating
outIncome Results
Page 4
Budget planner
Summary
Home Show results
Frequency Amount Annually amount
Council rates $0 $0 Income ###
Body Corporate fees $0 $0 Income $73,736
Home and contents insurance $0 $0 ###
Home maintenance and repairs $0 $0 Total income: $73,736
New furniture / Appliances $1,000 $1,000 ###
Other $0 $0 Outgoings Select
Total $1,000 Financial comm. $17,160Utilities Home $1,000
Utilities $2,696
Electricity $150 $600 Education $4,264
Gas and hot water $150 $600 Health $2,868
Water $77 $308 Shopping $12,200
Internet $59 $708 Transport $6,268
Pay TV $0 $0 Entertainment $5,500
Home phone $0 $0 Eating out $1,200
Mobile phone(s) $40 $480 ###
Type in your own expense $0 $0 Total outgoings: $53,156
Total $2,696
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilitiesEducation /
healthShopping / transport
Entertainment / eating out
Income Results
Page 5
Budget planner
Summary
Education Show results
Frequency Amount Annually amount
School fees $0 $0 Income ###
Uni / TAFE $0 $0 Income $73,736
Childcare / Pre-school $82 $4,264 ###
School uniforms $0 $0 Total income: $73,736
Sport, music, dance, etc $0 $0 ###
Excursions $0 $0 Outgoings Select
Other $0 $0 Financial comm. $17,160
Total $4,264 Home $1,000
Health Utilities $2,696
Education $4,264
Private health insurance $164 $1,968 Health $2,868
Life insurance $0 $0 Shopping $12,200
Doctors $250 $250 Transport $6,268
Dentists $250 $250 Entertainment $5,500
Medicines / Pharmacy $200 $200 Eating out $1,200
Eyecare / Glasses $200 $200 ###
Vet $0 $0 Total outgoings: $53,156
Type in your own expense $0 $0 ###
Total $2,868
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilitiesEducation /
healthShopping / transport
Entertainment / eating out
Income Results
Page 6
Budget planner
Summary
Shopping Show results
Frequency Amount Annually amount
Supermarket $100 $5,200 Income ###
Fruit / Veg $100 $5,200 Income $73,736
Baby products $10 $520 ###
Clothing / Shoes $50 $600 Total income: $73,736
Cosmetics / Toiletries $20 $240 ###
Hairdresser $50 $200 Outgoings Select
Gifts and others $20 $240 Financial comm. $17,160
Other food and grocery $0 $0 Home $1,000
Total $12,200 Utilities $2,696
Transport Education $4,264
Health $2,868
Car insurance $114 $1,368 Shopping $12,200
Car maintenance $1,000 $1,000 Transport $6,268
Car rego / Licence $700 $700 Entertainment $5,500
Petrol $100 $2,600 Eating out $1,200
Road tolls / Parking $0 $0 ###
Trains / Buses / Ferries $50 $600 Total outgoings: $53,156
Type in your own expense $0 $0 ###
Total $6,268
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilitiesEducation /
healthShopping / transport
Entertainment / eating out
Income Results
Page 7
Budget planner
Summary
Entertainment Show results
Frequency Amount Annually amount
Holidays $5,000 $5,000 Income ###
Bars / Clubs $0 Income $73,736
Other alcohol $0 $0 ###
Gym / Sporting membership $0 $0 Total income: $73,736
Cigarettes $0 $0 ###
Movies / Music $0 $0 Outgoings Select
Hobbies $0 $0 Financial comm. $17,160
Newspaper / Magazines $0 $0 Home $1,000
Celebrations $500 $500 Utilities $2,696
Other $0 $0 Education $4,264
Total $5,500 Health $2,868
Eating out Shopping $12,200
Transport $6,268
Restaurants $100 $1,200 Entertainment $5,500
Takeaway / Snacks $0 $0 Eating out $1,200
Bought lunches $0 $0 ###
Coffee / Tea $0 $0 Total outgoings: $53,156
Type in your own expense $0 $0 ###
Total $1,200
What's left: $20,580per year
Source: www.moneysmart.gov.au
Financial commitments
Home / utilitiesEducation /
healthShopping / transport
Entertainment / eating out
Income Results
Page 8
A
Budget planner
Summary Income
SummaryShow results
###
Your budget position: Income
You are spending $20,580 per year less than you earn. Income $73,736
Congratulations! ###
Total income: $73,736
###
Your spending breakdownOutgoings ###
Financial comm. $17,160
Financial commitments Spending breakdown Home $1,000
Home / Utilities Financial commitmen 17160 Utilities $2,696
Education / Health Home / Utilities 3696 Education $4,264
Shopping / Transport Education / Health 7132 Health $2,868
Entertainment / Eating out Shopping / Transport 18468 Shopping $12,200
Entertainment / Eatin 6700 Transport $6,268
Entertainment $5,500
Eating out $1,200
Next steps:1) Do a reality check. Is your bank account going up each month? If the results don't match, track your actual Total outgoings: $53,156
spending in more detail. The money is going somewhere! ###
2) If you have spare money each month, think how best to use it, e.g. ###
i) repay any loans faster What's left: $20,580 ii) put money into a special savings account per year
3) Print your plan. ###
Source: www.moneysmart.gov.au
Financial commitments
Home / Utilities
Education / Health
Shopping / Transport
Entertainment / Eating out
Financial commitments
Home / utilitiesEducation /
healthShopping / transport
Entertainment / eating out
Income Results
Budget planner
Summary
Summary Annually amount
Total income: $73,736
Total outgoings: $53,156
What's left: $20,580
Your budget position:
You are spending $20,580 per year less than you earn.
Congratulations!
Your spending breakdown
Your spending breakdown Annually amount
Financial commitments $17,160Spending breakdown
Home / Utilities $3,696Financial commitments $17,160
Education / Health $7,132Home / Utilities $3,696
Shopping / Transport $18,468Education / Health $7,132
Entertainment / Eating out $6,700Shopping / Transport $18,468
Entertainment / Eating out $6,700
Next steps:
1) Do a reality check. Is your bank account going up each month? If the results don't match, track your actual
spending in more detail. The money is going somewhere!
2) If you have spare money each month, think how best to use it, e.g.
i) repay any loans faster
ii) put money into a special savings account
iii) increase your contributions to superannuation or other investments
3) Print your plan.
Financial commitments
Home / Utilities
Education / Health
Shopping / Transport
Entertainment / Eating out
Budget planner
Your detailed budget
Income Frequency Amount Annually amount Notes
Your take-home pay Fortnightly $828 $21,528
Your partner's take-home pay Fortnightly $1,864 $48,464
Bonuses/overtime Annually
Income from savings and investments Annually
Centrelink benefits Fortnightly
Family benefit payments Fortnightly $144 $3,744
Child support received Monthly
Other Monthly
Financial Commitments Frequency Amount Annually amount
Rent / Mortgage Fortnightly $660 $17,160
Car loan repayments Fortnightly
Other loan repayments Monthly
Credit card interest Monthly
Voluntary super contributions Fortnightly
Savings Fortnightly
Child support payments Monthly
Donations / Charity Monthly
Pocket money Weekly
Type in your own expense Monthly
Home / Utilities Frequency Amount Annually amount
Council rates Monthly
Body Corporate fees Quarterly
Home and contents insurance Monthly
Home maintenance and repairs Annually
New furniture / Appliances Annually $1,000 $1,000
Other Monthly
Electricity Quarterly $150 $600
Gas and hot water Quarterly $150 $600
Water Quarterly $77 $308
Internet Monthly $59 $708
Pay TV Monthly
Home phone Monthly
Mobile phone(s) Monthly $40 $480
Type in your own expense Monthly
Education / Health Frequency Amount Annually amount
School fees Annually
Uni / TAFE Annually
Childcare / Pre-school Weekly $82 $4,264
School uniforms Annually
Sport, music, dance, etc Annually
Excursions Monthly
Other Monthly
Private health insurance Monthly $164 $1,968
Life insurance Monthly
Doctors Annually $250 $250
Dentists Annually $250 $250
Medicines / Pharmacy Annually $200 $200
Budget planner
Eyecare / Glasses Annually $200 $200
Vet Annually
Type in your own expense Monthly
Shopping / Transport Frequency Amount Annually amount Notes
Supermarket Weekly $100 $5,200
Fruit / Veg Weekly $100 $5,200
Baby products Weekly $10 $520
Clothing / Shoes Monthly $50 $600
Cosmetics / Toiletries Monthly $20 $240
Hairdresser Quarterly $50 $200
Gifts and others Monthly $20 $240
Other food and grocery Weekly
Car insurance Monthly $114 $1,368
Car maintenance Annually $1,000 $1,000
Car rego / Licence Annually $700 $700
Petrol Fortnightly $100 $2,600
Road tolls / Parking Monthly
Trains / Buses / Ferries Monthly $50 $600
Type in your own expense Monthly
Entertainment / Eating out Frequency Amount Annually amount
Holidays Annually $5,000 $5,000
Bars / Clubs Weekly
Other alcohol Weekly
Gym / Sporting membership Monthly
Cigarettes Weekly
Movies / Music Fortnightly
Hobbies Fortnightly
Newspaper / Magazines Weekly
Celebrations Annually $500 $500
Other Monthly
Restaurants Monthly $100 $1,200
Takeaway / Snacks Weekly
Bought lunches Weekly
Coffee / Tea Weekly
Type in your own expense Monthly
Notes
Financial commitments
Home / Utilities
Education / Health
Shopping / Transport
Entertainment / Eating out