#MONTHLY HOUSEHOLD BUDGET TEMPLATE LICENSE#
#MONTHLY HOUSEHOLD BUDGET TEMPLATE PROFESSIONAL#

Personal care (clothing, grooming products and services).Communication fees (phone, cell phone, Internet connection, television).Utilities (water, electricity, heating costs).Remember to account for occasional expenses, such as vacations (take the typical annual amount you spend on trips and divide that number by 12 to get a monthly average). If you have trouble defining your expenses, review statements and keep receipts for everything you spend, including automatic bill payments, for a few months. List all your expenses for a typical month, dividing them into major categories. Interest from a savings account or investment earningsĪdd up the total (our Budget Template tallies it automatically).Employment insurance or other government benefits.

List all of the money you and your spouse or partner have coming in. Making a budget is simpler than you might think - just follow these steps, and use our household Budget Template to make it even easier. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.A household budget can really help you manage your money and be a better saver. Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator.

#MONTHLY HOUSEHOLD BUDGET TEMPLATE PROFESSIONAL#

You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account. This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. Personal lending products are subject to Royal Bank of Canada's standard credit criteria. Consolidate debt if possible and lower monthly payments.Create a budget or review an existing one, providing advice on cost-savings.Total Expenses - Variable & DiscretionaryĪn RBC ® credit specialist can work with you to:

Other Discretionary Expenses (donations, vacation, etc) Other Variable Expenses (Uninsured Medical, Pet expenses including veterinarian, Tuition/fees/books, dry cleaning, subscriptions, etc) Personal care (clothing, gifts, salon, memberships, sport & leisure activities, etc)

#MONTHLY HOUSEHOLD BUDGET TEMPLATE LICENSE#

Transportation (car lease/loan payment, gas, transit, service & repairs, parking, license & registration, etc) Monthly Expenses - Variable & DiscretionaryĮntertainment (dining out, movies, concerts, shows, etc) Other Fixed Expenses (Payroll deductions -if not already included elsewhere - insurance, pension, RSP, charitable donations. Long Term Savings (Pension, RSP, TFSA, RESP, etc) Loans, Lines of Credit and Credit Cards (monthly payments on existing credit) Insurance (auto, home, life, disability, medical/health)Ĭhild Care (daycare, nanny, child support, etc) Home Services (home and mobile phone, cable/internet, satellite radio, home security, etc) Utilities (gas, water, electric, heat, sewer etc) mortgages, rent, condo/maintenance fees, property taxes, lawn care and supplies, snow removal, renovations, cleaning and supplies, etc) Monthly Salary (after deductions for taxes, company pensions, CPP, OAS, EI) You'll be able to determine how much debt you can comfortably afford in order to achieve your goals. Use this tool to help give you a clear picture of your cash flow.

Monthly household budget template