RealSteps>
®
Real balancing act.
Budget worksheet.
Establishing and keeping to a budget may help you to be aware of your
spending habits, find ways to save more money, and make progress toward
your financial goals.
Income
Monthly $
Salary (after taxes/benefits)
Other income (after taxes)
Total Monthly Income
Living Expenses
Your budget has to
be able to cover your
necessary expenses
(food, clothing,
shelter, health care
and taxes) with your
monthly income. With
discretionary expenses,
(entertainment, dining
out, subscriptions) you
may be able to find
ways to cut back.
Monthly $
Housing & Utilities
Rent/Mortgage
Utilities (gas, electric, etc.)
Groceries
Internet/Cable
Repairs and Maintenance
Laundry/Dry Cleaning
Other
Total Housing & Utilities
continued on page 2
Investment and Insurance products and services are:
Not FDIC Insured
May Lose Value
Not Guaranteed by the Bank
Not a Deposit
Not Insured by Any Federal Government Agency
U.S. Bank, U.S. Bancorp Investments and their representatives do not provide tax or legal advice. Each individual’s tax and financial situation is unique.
You should consult your tax or legal advisor for advice and information concerning your particular situation.
For U.S. Bank: U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments.
Credit products are offered by U.S. Bank National Association and subject to normal credit approval.
Deposit products are offered by U.S. Bank National Association. Member FDIC.
For U.S. Bancorp Investments: Investment products and services are available through U.S. Bancorp Investments, the marketing name for
U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.
RealSteps>® is a registered trademark of U.S. Bancorp.
09/16
RealSteps>
®
Budget Worksheet
Living Expenses (cont.)
Budget guidelines
below provide a
recommended
percentage of monthly
income to allocate for
each category.
Monthly $
Bills
Student Loans
Credit Cards
Car Payments
Insurance (car, renters, homeowners)
Cell Phone
Other
Total Bills
Transportation
Gas
Public Transportation
Housing and utilities
30%
Student loan
repayment
8%
Food (groceries,
eating out, etc.)
10%
Credit card,
loan repayment
12%
Transportation
(insurance, gas)
15%
Clothing
5%
Medical and
dental expenses
5%
Savings/investments 10%
Parking/Tolls
Miscellaneous
Maintenance and Repairs
5%
Other
Total Transportation
Health
Prescriptions
Health Insurance
Medical Services Not Covered by Insurance
Gym Membership
Other
Total Health
continued on page 3
U.S. BANCORP
INVESTMENTS
|
U.S. BANK
2
RealSteps>
®
Budget Worksheet
Living Expenses (cont.)
When all of your bills
are paid how much do
you have left over? Put
that extra money to
good use, contribute
more towards a savings
goal or invest in an IRA.
If you don’t have any
money left over look for
areas where you can
trim spending.
Monthly $
Personal
Entertainment (movies, concerts, hobbies)
Subscriptions (Netflix, Spotify)
Dining out/Bars
Personal Hygiene
Clothing
Travel
Other
Total Personal
Savings
Emergency Fund
Vacation, Car, College
Investments (Roth IRA)
Total Savings
Subtract total Living
Expenses (pages 1–3)
from total Income
(page 1) to calculate
your total Monthly
Net Income.
Total Income
Total Living Expenses
Total Monthly Net Income
U.S. BANCORP
INVESTMENTS
|
U.S. BANK
3