Accounting and Finance Foundations

Unit 12

Accounting and Finance Foundations Unit 12: Budgeting and Business Plans 919

Budgeting and Business Plans Student Guide

Income

Wages $ ______

Public assistance $ ______

Child support/Alimony $ ______

Interest/Dividends $ ______

Odd jobs $ ______

Allowance $ ______

Other $ ______

Total Income $ ______

Expenses

Fixed Expenses

Rent/Mortgage $ ______

Property taxes/insurance $ ______

Car payment $ ______

Car insurance $ ______

Mass transit (bus, etc.) $ ______

Other loan payments $ ______

Credit card payments $ ______

Health insurance $ ______

Day care $ ______

Flexible Expenses

Savings $ ______

Natural gas $ ______

Electricity $ ______

Other utilities $ ______

Phone $ ______

Food $ ______

Gasoline $ ______

Car maintenance $ ______

Education $ ______

Personal & clothing expenses $ ______

Discretionary Expenses

Dry cleaning, haircuts, etc. $ ______

Recreation & entertainment $ ______

Total Expenses $ ______

Chapter 27