We suggest that you itemize your actual expenses by month for at least 6 months
according to this schedule (12 months is a better way to do it). Following this
format will point out the true cost of your present home, the true cost of your
big toys, the true cost of your loans & credit cards and it will help you better
understand where you can begin to get out from under your debt burden. If you
have Microsoft's Excel on your computer, we can provide you with a downloadable
Excel file that will automatically add everything for you! Just e-mail your request to
megagenius@verizon.net!
SCHEDULE OF ACTUAL INCOME & EXPENSES FOR 2006
My Take Home Pay
Spouse's Take Home Pay
Alimony & Child Support Received
Interest Income
Dividend Income
Other Income-All Other Sources Combined
Total Income
Cost of Home:
Mortgage Payment-Interest Only If Known
Monthly Rent Payment
Homeowner's Association Payments
Private Mortgage Insurance
Property Taxes
Homeowner's Insurance
2nd Mortgage Payment-Interest Only If Known
Home Equity Line of Credit Payment-Interest Only If Known
Home Equity Loan Payment-Interest Only If Known
Late Payment Fees On Mortgage
Late Payment Fees On 2nd Mortgage
Late Payment Fees On Home Equity Line of Credit
Late Payment Fees On Home Equity Loan
Home Maintenance Expense
Major Purchases
Other Home Costs
Total Home Costs
Cost of Automobiles:
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Insurance-All Combined
Registration & License Fees-All Combined
Gas, Oil Changes, etc.-All Combined
Tires, Wheels & Accessories Purchases-All Combined
Tuneups & Maintenance Not Included Elsewhere-All Combined
Car Washes-All Combined
Unreimbursed Repairs & Replacements-All Combined
Other
Total Cost of Automobiles
Cost of Aircraft, Boats, Trailers, ATV's, RV's, Motorcycles:
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Loan or Lease Payment-
Insurance-All Combined
Registration & License Fees-All Combined
Gas, Oil Changes, etc.-All Combined
Tires, Wheels & Accessories Purchases-All Combined
Tuneups & Maintenance Not Included Elsewhere-All Combined
Unreimbursed Repairs & Replacements-All Combined
Aircraft Expenses Not Included Elsewhere
Boat Expenses Not Included Elsewhere
ATV Expenses Not Included Elsewhere
RV Expenses Not Included Elsewhere
Personal Watercraft Expenses Not Included Elsewhere
Motorcycle Expenses Not Included Elsewhere
Trailer Expenses Not Included Elsewhere
Other
Total Cost of Aircraft, Boats, Trailers, ATV's, RV's, Motorcycles:
Cost of Credit Cards, Loans & Revolving Accounts:
Debt Consolidation Loan Payments-Interest Only If Known
Late Fee Charges On Debt Consolidation Loan Payments Above
All Other Loan Payments-Interest Only If Known
Late Fee Charges On All Loan Payments Above
Interest Charges Only-All Cards Combined
Late Fee Charges Only-All Cards Combined
Cash Advance Charges Only-All Cards Combined
ATM Fees Only-All Cards Combined
Interest Charges On Revolving Accounts Only
Late Fee Charges On Revolving Accounts Only
Other
Total Cost of Credit Cards, Loans & Revolving Accounts:
Household Expenses:
Major Purchases
Furniture Store Purchases
Home Improvement & Hardware Store Purchases
Household Store Purchases(e.g.Bed,Bath & Beyond)
Remodeling Costs
Pool Maintenance
Lawn & Garden Maintenance
Snow Plowing Expense
Plumbing, Heating Air Conditioning Repairs/Maintenance
Other Repairs/Maintenance
Other Household Expense by type
Other Household Expense by type
Other Household Expense by type
Total Household Expenses
Cost of Utilities:
Electricity
Gas/Propane
Heating Oil
Water Service
Sewer Fees, etc. City Services Other Than Listed Above
Telephone-All Land Lines
Telephone-All Cell Phones
Cable TV
Internet Service-Dial-Up, AOL, DSL, etc.
Water Well, Septic Tank, etc.
Solar
Other
Total Utilities
Living Expenses:
Major Purchases
Health Insurance-Your Portion Only
Life, Disability & Other Insurance Not Included Elsewhere
Unreimbursed Medical Expense
Unreimbursed Dental Expense
Unreimbursed Eyecare Expense
Grocery & Food Store Purchases
Dining Out, Fast Food, etc.
Liquor Store Purchases
Clothing & Specialty Store Purchases
Electronics & Computer Store Purchases
Drug Store Purchases
Sporting Store Purchases
Pet Store Purchases
Office Supplies Stores Purchases
Health Club/Gym Fees
Beauty Salon, Haircuts, Personal Care
Bus, Rail & Parking Expenses
Christmas & Other Gifts
Party Rentals, Catering, etc.
Traffic & Parking Tickets
Other
Other
Other
Total Living Expenses
Entertainment & Recreation Expenses:
Major Purchases
Golf/Country Club Expense
Social, Dinner & Entertainment Club Expense
Gambling Expenses, Sports Pools & Lottery Ticket Purchases
Sports & Recreation Events
Concerts & Festival Events
Movie Rentals & Movie Theater Costs
Home Theater Expenses
DVD's, CD's, etc.
Music Clubs, Radio Subscriptions, etc.
Video Games, etc.
Hobbies and Arts & Crafts Costs
Recreation Expense Not Included Elsewhere
Books, Magazines, etc.
Bar Bills
Other
Total Entertainment & Recreation Expenses
Vacation Expenses:
Total Timeshare Expense
Total Destination Club Expense
Total Net Cash Outlay for a Second Home
Total Cruise Costs Combined
Airfare
Car Rental & Gas
RV Rental
Lodging
Food
Recreational Activities & Rentals
Shopping Expense
Other
Total Vacation Expenses
Other Expenses:
Major Purchases
Unrimbursed Business Expenses
Job-Hunting Expenses
Moving Expenses
Other Cash Out-Of-Pocket Expenses Not Included Elsewhere
Club & Organization Costs Not Included Elsewhere
Children's Sports & Camping Activities
Children's Music & Other Creative Activities
Private School, Pre-School Expense-All Combined
Unreimbursed Tuition-Parents
Unreimbursed Education Expense-Parents
Unreimbursed Tuition-Children
Unreimbursed Education Expense-Children
Unreimbursed Housing Expense-Children
Student Loan Expense-All Parents Combined
Student Loan Expense-All Children Combined
Home Office Expenses
Alimony & Child Support Paid Out
Charitable & Church Cash Contributions
Legal
Accounting
Union Dues
Investment Expenses & Fees
Tax Preparation
Total Combined Bank Charges Not Included Elsewhere:
Other
Other
Other
Total Other Expenses
Expenses Not Included Elsewhere
Expenses Not Included Elsewhere
Other
Total Expenses Not Included Elsewhere
Grand Total All Expenses
Net Income (net loss)
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