Expenses Housing (Rent, Mortgage, Maintenance, Taxes, etc.) Transportation (Car Payments, Insurance, Gas, Maintenance, etc.) Food & Groceries   (Dining out, Fast Food, Toiletries, etc.) Credit (Credit Cards, Store Card, Personal Loans, etc.) Utilities (Gas, Water, Cable, Electric, Phone, Internet, etc.) Medical Insurance (Insurance, Medication, Medical Bills, etc) Savings Student Loans Clothing Entertainment Miscellaneous (Haircuts, Dry Cleaning, Day Care, Gifts, etc)

Monthly expenses Annual expenses

Monthly net income Subtract monthly expenses

Equals monthly discretionary income Annual discretionary income