Personal Finance: How to Create a Budget | Quamut: the go to how to - Sent Using Google Toolbar

Personal Finance: How to Create a Budget | Quamut: the go to how to

Essential Expenses

• Food (groceries)
• Medical care
• Housing (rent or mortgage)
• Childcare (daycare, babysitting, etc.)
• Auto-related expenses (gas, maintenance, etc.)
• Utilities (water, heat, electric, home or cell phone, etc.)
• Insurance (auto, homeowners, health, etc.)
• Taxes (income and property taxes, if applicable)

Discretionary Expenses

• Clothing
• Personal care (haircuts, manicures, etc.)
• Cable TV and internet service
• Entertainment (not including meals out)
• Restaurant bills (meals out)
• Travel
• Pet-related expenses
• Health club memberships
• Alcohol and tobacco (if applicable)