MANAGE YOUR BUDGET
Use this tool to help you take better control of your finances. You'll be able to determine how much money you can pay towards your debt and/or savings.
What is your Monthly Income?
After Deductions for Taxes, Pension Contributions, CPP, OAS, EI
Investment Income, Spousal Support
Other Monthly Income
What are your Fixed Monthly Expenses?
e.g. Mortgages, Rent, Condo/ Maintenance Fees, Property Taxes
Gas, Water, Electric, Heat, Sewer etc.
Home and Mobile Phone, Cable/ Internet, Online Streaming Services
Auto, Home, Life, Disability, Medical/ Health
Daycare, Nanny, Child Care, etc.
Monthly Payments on Existing Credit
Loans, Lines of Credit and Credit Cards
Pension, RSP, TFSA, RESP, etc.
Long Term Savings
Payroll Deductions (if not Already Included Elsewhere) Insurance, Pension, RSP, Charitable Donations. Alimony, etc.
Other Fixed Expenses
Total Fixed Expenses
What are your Variable & Discretionary Monthly Expenses?
Dining Out, Movies, Concerts, Shows, etc.
Car Lease/ Loan Payment, Gas, Transit, Service & Repairs, Parking, License & Registration, etc.
Clothing, Gifts, Salon, Memberships, Sport & Leisure Activities, etc.
Veterinarian, Tuition/ Fees/ Books, Dry Cleaning, Subscriptions, etc.
Other Variable Expenses
Donations, Vacations, etc.
Other Discretionary Expenses
Total Variable & Discretionary Expenses
Fixed, Variable and Discretionary
Money Available to Apply to Debt
Income Less Expenses
DOWNLOAD THIS TEMPLATE
to manage your budget in Excel