Good financial decisions generally result from having a plan. Creating a monthly budget should help you reach some of your financial goals, and help eliminate unnecessary spending. If you are serious about eliminating debt, discipline starts with sticking to a Budget and spending money on needs as opposed to wants!

Below you will find a form that is commonly referred to as a Financial Addendum or Budget. Print this form out and take some time to get a picture of your monthly income versus your expenses.

Your Name:
     
------- HOUSEHOLD EXPENSES -------
 
------- INCOME SOURCES-------
         
Monthly Rent or Mortgage Payment
  
Your Net Pay:
   
Child Support Received:
Monthly Car Payments
  
AFDC Payments :
Car 1:
   
Car 2:
  
Any Other Income Source
Gas for Automobile(s):
  
Food Stamps :
Automobile Insurance:
  
Disability:
     
Retirement Plan:
Monthly Utilities
 
Social Security :
Electric:
    
Gas:
  
Assets & Liabilities
Oil:
  
VALUE
DEBT
Cable:
  
Residence:
Telephone:
  
Vehicles:
Water:
  
Furniture:
Oil:
  
Bank Accounts:
   
Other Investments:
Monthly Grocery Expenses:
      
Health Insurance:
      
Medical Insurance:
  
     
Child Support:
  
Other Child Expenses:
  
Ongoing Medical Bills:
  
Dental Bills:
  
     
Miscellaneous Expenses: