Fillable Printable Monthly Cash Flow Plan
Fillable Printable Monthly Cash Flow Plan
Monthly Cash Flow Plan
INSTRUCTIONS
SHEET 5
Every dollar of your income should be allocated to some category on this
sheet. Money "left over" should be put back into a category even if you make up a
new category. You are making the spending decisions ahead of time here. Almost
every category (except debt) should have some dollar amount in it. Example: If you
do not plan to replace the furniture, when you do replace it you will cause strain or
borrowing, so go ahead and plan now by saving. I have actually had people tell me
that they can do without clothing. Oh come ON!! Be careful in your zeal to make
the numbers work that you don't substitute the urgent for the important.
Fill in the amount for each subcategory under "Subtotal" and then the total
for each main category under "Total." As you go through your first month, fill in
the "Actually Spent" column with your real expenses or the saving you did for that
area. If there is a substantial difference in the plan versus the reality something has
to give. You will either have to adjust the amount allocated to that area up and
another down or you will have to better control your spending in that area.
"%Take Home Pay" is percentage of take home pay or what percentage of
your total take home pay did you spend on "Housing", as an example. We will then
compare your percentages with those on Sheet 6 to determine if you need to
consider adjusting your lifestyle.
* beside an item means you should use the "envelope system"
(1) Emergency Fund should get ALL the savings until 3-6 months of expenses have
been saved.
Note: Savings should be increased as you get closer to being debt free.
Hint: By saving early for Christmas and other gifts, you can get great buys and give
better gifts for the same money.
SHEET 5
MONTHLY CASH FLOW PLAN
BudgetedSubActually % of Take
ItemTotal TOTALSpentHome Pay
CHARITABLE GIFTS_______ _______ _______
SAVING
Emergency Fund(1)_______ _______
Retirement Fund_______ _______
College Fund_______ _______ _______ _______
HOUSING
First Mortgage_______ _______
Second Mortgage _______ _______
Real Estate Taxes_______ _______
Homeowners Ins. _______ _______
Repairs or Mn. Fee_______ _______
Replace Furniture _______ _______
Other _______ _______ _______ _______
UTILITIES
Electricity_______ _______
Water_______ _______
Gas_______ _______
Phone_______ _______
Trash_______ _______
Cable_______ _______ _______ _______
*FOOD
*Grocery_______ _______
*Restaurants_______ _______ _______ _______
TRANSPORTATION
Car Payment_______ _______
Car Payment_______ _______
*Gas and Oil_______ _______
*Repairs and Tires_______ _______
Car Insurance_______ _______
License and Taxes_______ _______
Car Replacement_______ _______ _______ _______
PAGE 1 TOTAL_______ _______
SHEET 5 CONTINUED
BudgetedSubActually % of Take
Item Total TOTALSpent Home Pay
*CLOTHING
*Children______________
*Adults______________
*Cleaning/Laundry_____________________ _______
MEDICAL/HEALTH
Disability Insurance ______________
Health Insurance______________
Doctor Bills______________
Dentist ______________
Optometrist______________
Drugs_____________________ _______
PERSONAL
Life Insurance______________
Child Care ______________
*Baby Sitter______________
*Toiletries______________
*Cosmetics______________
*Hair Care ______________
Education/Adult______________
School Tuition______________
School Supplies______________
Child Support______________
Alimony______________
Subscriptions______________
Organization Dues______________
Gifts (inc. Christmas)_______ _______
Miscellaneous______________
*BLOW $$_____________________ _______
PAGE 2 TOTAL______________
SHEET 5 CONTINUED
BudgetedSubActually % of Take
Item Total TOTALSpent Home Pay
RECREATION
*Entertainment______________
Vacation_____________________ _______
DEBTS (Hopefully -0-)
Visa 1______________
Visa 2______________
MasterCard 1______________
MasterCard 2______________
American Expre ss______________
Discover Card______________
Gas Card 1______________
Gas Card 2______________
Dept. Store Card 1______________
Dept. Store Card 2______________
Finance Co. 1______________
Finance Co. 2______________
Credit Line ______________
Student Loan 1______________
Student Loan 2______________
Other _______ ______________
Other _______ ______________
Other _____________________
Other _______ ______________
Other _______ ______________
PAGE 3 TOTAL______________
PAGE 2 TOTAL______________
PAGE 1 TOTAL______________
GRAND TOTAL______________
-TOTAL INCOME_______
ZEROZERO
