Expense Worksheet

Print out this form and use it to track your family expenses. List all monthly expenses and divide them into the following categories. Fixed Expenses are those items where payment amounts can not be varied or adjusted.

Expense Worksheet

Monthly Fixed ExpensesAmount
Mortgage/Rent
Real Estate Taxes
Homeowners Insurance
Car Loan / Lease Payments
Car Insurance
Student Loans
Alimony / Child Support
Medical Insurance
Credit Card Payment
(total from other sheet)
Other
Total

Many times Flexible Expenses are necessary items, but what sets them apart is that you usually have control over how much money you spend on these items. Depending upon your particular circumstance, you may find a few of these items may fall in the Fixed category.

Monthly Flexible ExpensesCurrent AmountAdjusted to Balance Income
Phone Bill
Gas / Oil / Fuel Bills
Electric Bills
Water / Sewer / Maintenance Bills
Cable Television
Household Supplies
Groceries
Child Care
Tuition / School Supplies
Clothing
Dry Cleaning / Laundry Service
Doctors / Dental Medicine
Other
Total

Discretionary Expenses are items that are not necessary for survival. If your expense to income ratio is out of balance and you are spending more money than you earn, items from this category should be eliminated or cut back.

Monthly Discretionary ExpensesCurrent AmountAdjusted to Balance Income
Recreation
Movies / Plays / Sporting Events
Allowances
Contributions
Vacations
Clubs / Hobbies
Barber / Beauty Shops
Gifts
Other
Other
Total

Notes: