Appendix #2: Example Spending Sheet (Budget) for 16-Year-Old
Example Spending Sheet (Budget) for 16-Year-Old
(Personalize from the Adult Budget)
Amount Left to Save and Invest (Income minus expenses): _____
Income (total): _____
Salary from Work: _____
Allowance: _____
Income from Investments: _____
Other Income (Lawn mowing, extra chores, babysitting, etc.): _____
Expenses (total of below categories): _____
Food (total): _____
Eating Out: _____
Soft Drinks and Snacks from School Machines: _____
Auto (total): _____
Gas: _____
Payments: _____
Repairs: _____
Upkeep (change oil, washing, detailing): _____
Insurance: _____
License and Tags: _____
Saving to Buy Next Car: _____
Body Upkeep (Haircuts and Beauty Supplies): _____
Clothes and Accessories: _____
Entertainment (total): _____
Movies (rental and theater): _____
Video Games (rental, purchase and online gaming): _____
Dates and Socials: _____
Activities: _____
Other (_____): _____
Cell Phone: _____
Debts: _____
Miscellaneous (total): _____
Gifts (include Christmas): _____
Other (__________): _____
Taxes (state/federal/FICA): _____
Giving: _____
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