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Your Financial PlanningWORKBOOKPlease note that you can conveniently type text and numbers into these documents and save yourwork. However, these documents will not automatically calculate your financial data.crown.org
PERSONALFINANCIALSTATEMENTDate \ \Assets (Present market value)Cash on hand/Checking accountSavingsStocks and bondsCash value of life insuranceCoinsHomeOther real estateMortgages/Notes receivableBusiness valuationAutomobilesFurnitureJewelryOther personal propertyPension/RetirementOther assetsTotal Assets Liabilities (Current amount owed)Credit card debtAutomobile loansHome mortgagesPersonal debt to relativesBusiness loansEducational loansMedical/Other past due billsLife insurance loansBank loansOther debts and loans Total Liabilities Net Worth (Total assets minus total liabilities)
DEBT LISTDescribe WhatWas PurchasedCREDITORDate \ \MonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueTOTALSAUTO LOANSTOTALSHOME MORTGAGESTOTALSBUSINESS / INVESTMENT DEBTTOTALS
VARIABLE EXPENSESDate \ \SAMPLESPENDINGCATEGORYESTIMATED COSTPER MONTHESTIMATEDYEARLY COST1Vacation720.00 12 60.00 2Dentist120.00 12 10.00 3Doctor240.00 12 20.00 4Automobile 12 12 Health Insurance 12 7Auto Insurance600.00 12 50.00 8Home Insurance Clothing1,128.00 Investments 11 12 56910Life InsuranceSPENDINGCATEGORY12 12 12 12 12 94.00 ESTIMATED COSTPER MONTHESTIMATEDYEARLY COST1Vacation 12 2Dentist 12 3Doctor 12 4Automobile 12 5Life Insurance 12 6Health Insurance 12 7Auto Insurance 12 8Home Insurance 9Clothing Investments 11 12 1012 12 12 12 12
ESTIMATED SPENDING PLANDate \ \MONTHLY INCOMEGross Monthly Income SalaryInterestDividendsOther Income Less1. Tithe/Giving2. Taxes(Federal / State / Fica) 7. Debts (not including house or auto)8. Entertainment/ RecreationEating outBabysittersActivities/TripsVacationPetsOther Net Spendable Income 9. Clothing MONTHLY LIVING EXPENSES10. Savings 3. Housing11. Medical / Dental Mortgage/RentInsuranceProperty taxesCable eInternet serviceOther 4. Food 5. Transportation PaymentsGas & er6. InsuranceInsuranceLifeHealth/DentalDisabilityOther DoctorDentistPrescriptionsOther 12. dry/CleanersAllowancesSubscriptionsGiftsOther 13. Investments 14. School / Childcare TuitionMaterialsTransportationChildcare TOTAL LIVING EXPENSES HOW THE MONTH TURNS OUTNET SPENDABLE INCOME – TOTAL LIVING EXPENSES SURPLUS OR DEFICIT
SPENDING PLANANALYSISGROSS INCOME PER YEAR GROSS INCOME PER MONTH GUIDELINE NET SPENDABLEINCOME PER MONTH MONTHLYPAYMENTCATEGORYDate \ E OR -NEWMONTHLYPLAN1Tithe 2Tax Net Spendable Income(per month) 3Housing 4Food 5Transportation 6Insurance 7Debts 8Entertainment / Recreation 9Clothing 10Savings 11Medical/Dental 12Miscellaneous 13Investments 14School/Childcare Totals (Items 3-14) REMINDER: The guideline percentages are not absolutes! Actual percentages vary, because different factors will influence whatyou spend, such as the cost of housing in your area, whether you are married, and the number of children you might have.
SNOWBALLSTRATEGYTO WHOMOWEDCONTACTINFORMATIONDate \ \PAY OFFPAYMENTSLEFTMONTHLYPAYMENTDUEDATE%INTEREST
DEBT REPAYMENTSCHEDULECREDITOR:Date \ \DATE:WHAT WAS PURCHASED:AMOUNT OWED:DateINTEREST RATE:AmountPayments RemainingBalance Due
PERCENTAGESPENDING PLANGROSS INCOME 1Tithe/Giving 2Taxes NET SPENDABLE INCOMESPENDING CATEGORYDate \ \ PERCENTAGENSI*AMOUNT3Housing 4Food 5Transportation 6Insurance 7Debts 8Entertainment / Recreation 9Clothing 10Savings 11Medical/Dental 12Miscellaneous 13Investments 14School/Childcare1 Total (cannot exceed Net Spendable Income)*Net Spendable Income1If you have this expense, this percentage must be deducted from other spending plan categories.
MONTHLYSPENDING PLAN - AIncomeCATEGORYAllocated rationInsurance h15thThis Month th27th28th29th30th31stThis Month TotalThis MonthSurplus/DeficitYear to DateSpending PlanYear to Date TotalYear to DateSurplus/DeficitPlanSummaryThis MonthTotal Income Minus Total Expenses Equals Surplus/Deficit Previous Month/Year to Date Total Income Minus Total Expenses Equals Surplus/Deficit Year to Date Total Income Minus Total Expenses Equals Surplus/Deficit
MONTHLYSPENDING PLAN - BDebtsCATEGORYAllocated ical/DentalSavingsMiscellaneousSchool/Child CareInvestments h15thThis Month th27th28th29th30th31stThis Month TotalThis MonthSurplus/DeficitYear to DateSpending PlanYear to Date TotalYear to DateSurplus/Deficit
CATEGORY PAGE(Individual Account Page)CATEGORY:DateCheck #TransactionDepositWithdrawalBalance
IDEA LISTNumberIdeaDecreaseExpensesIncreaseIncomeRaise Cash(sell things)
Your Financial Planning WORKBOOK Please note that you can conveniently type text and numbers into these documents and save your work. However, these documents will not auto
