Creating a budget

• This is a personal budget - for ONE PERSON for ONE MONTH with an average Calgarian net income of $3200/mth.
• You have a financial responsibility to help others! Include a generous Charitable Donation.
• Use 'Other' and specify expenses you feel you will need to include in your budget not otherwise listed.
• You may need the help of your parents for some of the information such as health care and savings.
• Enter the total costs in the space marked Total Expenses.
• Calculate the difference between the Monthly Income and the Total Expenses. Record that difference in the space provided called Remainder. Your remainder should be anumber near zero (not negative)
• You need to include links to where you got the info (4 areas)

Job/Occupation: Starting Job

INCOME ITEMS
Net income		$3,200.00
Total Monthly Income (A)
		$3,200.00
EXPENSE ITEMS Note: any item with $0 requires a brief rationale
Rent
Rental Insurance
Utilities (gas, electricity, water)
Cell phone
Cable Streaming / Internet
Groceries (Find monthly average for yourself)
Meals /Beverages Outside Home
Medical Fees (Dentist + Optometrist Yearly Visit 12)
Prescriptions
Clothing
Laundry/Dry Cleaning
Toiletries / Haircuts / Personal Grooming
Vices - Cigarettes / Vaping Products / Alcohol
Tuition for Post-Secondary Course / Program
Gym Membership
Recreation/Entertainment
Gifts for friends &/or family
Church donations
Charitable donations
Transportation (other than auto)
Savings / Investments
Credit Card Payments
Other (specify)
Car Expenses:
Lease/payment
license & registration (yearly/12)
Repairs & Maintenance
Gas
Insurance
Total Monthly Expenses (B)		$0.00
Total Monthly Income (A)		$3,200.00
Total Monthly Expenses (B)		$0.00
Excess (Deficiency): (A-B)		$3,200.00

References (List links for prices you found)

Car Insurance:

Monthly Rental:

Average Utilities:

Rental Insurance:

a) What you were good at with regards to budgeting?

a) What do you need to review to be better at budgeting?