A Family Budget

FAMILY BUDGET*

By Mike McLoughlin,
Youth With A Mission, Marketplace Mission
Visit the Scruples Small Business Forum at www.scruples.net for more information.

FOR THE PERIOD OF ____ MONTHS FROM: ________________TO: _________________ YEAR:____
PROJECTED INCOME
Cash Income:
Employment Salaries	$ ____________		+
Net Profit from Small Business	$ ____________		+
Income from Property Rentals	$ ____________		+
Income from Fixed Deposits	$ ____________		+
Debtors Collection	$ ____________		+
Other Income	$ ____________		+
TOTAL INCOME			=$ ____________	A
Less Tithe & Cash Gifts		$ ____________	-	B
Less Taxes and other Deductions		$ ____________	-	C
NET RESOURCES AVAILABLE:			=$ ____________	D=A-(B+C)
PROJECTED EXPENSES
FAMILY EXPENSES				Actual %
Housing (including utility)	$ ____________		+
Food	$ ____________		+
Transport (Auto)	$ ____________		+
Household Goods	$ ____________		+
Clothing	$ ____________		+
Education & Entertainment	$ ____________		+
Loan Payments	$ ____________		+
Health & Insurance	$ ____________		+
Other Goods & Services	$ ____________		+
Other Expenses	$ ____________		+
TOTAL FAMILY EXPENSE			=$ ____________	E
SAVINGS FOR CONTINGENCY			+$ ____________	F
TOTAL EXPENDITURE			=$ ____________	G=E+F
PROJECTED FAMILY SURPLUS			$ ____________	H=D-G
*This budget outline was prepared with the help of Christian Financial Concepts. (www.cfc.org)
BUDGET GOAL: Close the circle of need for family support. Once you have answered the question: "How much is enough?" you will be released in the freedom of giving your surplus away. (From the Biblical Basis for Personal Finances by Earl Pitts, 1986.) P.S. Remember John Wesley’s advice on money: "Earn all you can; save all you can; give all you can!"

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