College Calculators: Budget Calculator

Spending Plan Calculator:

Use this electronic worksheet to map out a personalized spending budget. Totals are calculated automatically ( fields).

Part 1: Monthly Income

Gross Monthly: $

Avg. Withholding: $

(typically 28%)

Net Monthly Income: $

Part 2: Monthly Expenses (be sure to include annual expenses, such as homeowner's insurance, as a monthly fractional expense)

Housing: $

Groceries: $

Student Loans: $

Utilities: $

Savings: $

Insurance: $

Clothing: $

Credit cards, etc: $

Misc. Expenses: $

Entertainment: $

Transportation: $

Child Care: $

Total Expenses: $

Part 3: Results

Monthly Budget:

Net Income: $

Expenses: $

Discretionary: $

Annual Budget:

Net Income: $

Expenses: $

Discretionary: $