BUDGET and SPENDING TRACKER

BUDGET and SPENDING TRACKER Name: ____________________________________________ You will use this packet to set your budget, track your spending, and analyze your budget. This completed packet MUST be completed and turned in at the last Personal Management Merit Badge session on August 13, 2014. How to use this: 1. Before each week, plan out how much you think/expect to spend and earn. Put these totals in the “Planned” Column of the Budget Table. 2. Throughout the week, record any spending or income on the Spending Tracker chart. 3. After each week, add up the totals you spent in each category and fill in the Actual Column in that week’s Budget Table. The category column will help you when you add everything up for your budget. Categories include: Income: -

Expenses:

Allowance Job Gifts Other

- Savings - Donations/Charity - Food/Meals Out - Clothing

- Entertainment - CDs/DVDs - Sports/Hobbies - Travel

- Books/Magazines - Gifts - Other

Weeks you’ll be tracking (weeks run Saturday to Friday): Week One Week Two Week Three Week Four Week Five Week Six Week Seven

May 14 – May 20 May 21 – May 27 May 28 – June 3 June 4 – June 10 June 11 – June 17 June 18 – June 24 June 25 – July 1

Week Eight Week Nine Week Ten Week Eleven Week Twelve Week Thirteen

July 2 – July 8 July 9 – July 15 July 16 – July 22 July 23 – July 29 July 30 – August 5 August 6 – August 12

SPENDING TRACKER WEEK ONE: May 14 – May 20 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK ONE: May 14 – May 20

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK TWO: May 21 – May 27 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK TWO: May 21 – May 27

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK THREE: May 28 – June 3 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK THREE: May 28 – June 3

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK FOUR: June 4 – June 10 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK FOUR: June 4 – June 10

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK FIVE: June 11 – June 17 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK FIVE: June 11 – June 17

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK SIX: June 18 – June 24 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK SIX: June 18 – June 24

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK SEVEN: June 25 – July 1 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK SEVEN: June 25 – July 1

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK EIGHT: July 2 – July 8 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK EIGHT: July 2 – July 8

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK NINE: July 9 – July 15 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK NINE: July 9 – July 15

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK TEN: July 16 – July 22 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK TEN: July 16 – July 22

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK ELEVEN: July 23 – July 29 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK ELEVEN: July 23 – July 29

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK TWELVE: July 30 – August 5 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK TWELVE: July 30 – August 5

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS

SPENDING TRACKER WEEK THIRTEEN: August 6 – August 12 DATE

IS THIS INCOME OR AN EXPENSE? (circle) Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

Income

Expense

DESCRIPTION (what did you spend money on or earn?)

CATEGORY

AMOUNT

BUDGET WEEK THIRTEEN: August 6 – August 12

INCOME

PLANNED

ACTUAL

PLANNED

ACTUAL

Allowance Job Gifts TOTALS

EXPENSES Savings Donations/Charity Food/Meals Out Clothing Entertainment CDs/DVDs Sports/Hobbies Travel Books/Magazines Gifts

TOTALS