Comprehensive Household Budget

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If you have more complex income (i.e. rental, private company, investment, pension, etc) and expenses ( i.e. recreational/rental property, cars, boats, planes, etc.) then you may want a more detailed picture of your family's finances. Use this comprehensive spreadsheet to keep track of your family’s annual expenses and income. Your financial goals are meaningless unless you know where your family’s finances are today. (Printable Reports and savable to “My Folder”)

In order to save your calculations and spreadsheets online in the MyFolder section you will need to create a free account.


Sources of Annual Income

  Year
> Year
Year
Year
Salary: T4
Salary: T4
Commission: T4
Commission: T4
Contract Income
Bonus
Private Company
Director's Fee
Dividends
Shareholder Loan Payment
Tax Credits
Child Support/Alimony
GST/PST/HST Refund
Child Tax Benefits
Guaranteed Income Supplement
Interest Income: T5
Dividend Income: T5
Other Income: T3
Rental Revenue #1
Rental Revenue #2
Old Age Security Pension: T4-OAS
CPP/QPP Pension Income: T4-CPP
Disability Pension
WCB Income

Private Pension Income: T4A

#1
#2
#3
#4

Other Income

Annuity Income
RRIF Income: T4-RIF
RRSP Income: T4-RSP
RESP Withdrawals
Social Assistance Payments
Estate/Trust Income: T3
Realized Capital Gains
Other Income

Deductions

Reg. Pension Plan Contribution: T4
Reg. Pension Plan Contribution: T4
Personal Income Tax Paid
Personal Income Tax Paid
CPP/QPP Premiums: T4
CPP/QPP Premiums: T4
Employment Insurance Premiums: T4
Employment Insurance Premiums: T4
Company Life Insurance Premiums
Company Life Insurance Premiums
Long-Term Disability Premiums
Long-Term Disability Premiums
Charitable Donations: T4
Charitable Donations: T4
Union Dues: T4
Union Dues: T4
Professional Fees: T4
Professional Fees: T4

Calculated Income

From Your Income Tax Assessment

Unused RRSP Contribution Room
Unused RRSP Contribution Room
RRSP Contributions Not Deducted
RRSP Contributions Not Deducted

Sources of Expenses

Mortgage Payment/Rent
Property Taxes
Strata Fees
Garbage/Sewer
Property Insurance
Electricity
Heating Oil/Gas
Water/Garbage/Sewer
House Line
Long Distance
Pager
Cellular
Bottled Water
Internet
Cablevision
Lawn Care
Cleaning
Gardening
Repairs/Maintenance
Improvements
Capital Assessments

Recreational/Rental Property #1

Description:
Mortgage Payment/Rent
Strata Fees
Property Taxes
Property Insurance
Garbage/Sewer
Utilities
Telephone
Cablevision
Repair/Maintenance
Improvements
Management Fees

Recreational/Rental Property #2

Description:
Mortgage Payment/Rent
Strata Fees
Property Taxes
Property Insurance
Garbage/Sewer
Utilities
Telephone
Cablevision
Repair/Maintenance
Improvements
Management Fees

Automobile #1

Description:
Loan/Lease Payment
Insurance
Oil/Gas Expense
Service/Maintenance
Repairs

Automobile #2

Description:
Loan/Lease Payment
Insurance
Oil/Gas Expense
Service/Maintenance
Repairs

Automobile #3

Description:
Loan/Lease Payment
Insurance
Oil/Gas Expense
Service/Maintenance
Repairs

Automobile #4

Description:
Loan/Lease Payment
Insurance
Oil/Gas Expense
Service/Maintenance
Repairs

Boat/RV/Plane

Description:
Loan/Lease Payment
Insurance
Oil/Gas Expense
Service/Maintenance
Repairs
Moorage/Storage

Family Expenses

Banking Expense
Safe Deposit Box
School Fees
Children's Sports
Children's Dance/Theatre
Childrens' Allowance Expense
Books, Videos, etc
Movies, Concerts, etc
Restaurants
Wine, Beer, etc
Entertaining Expense
Hobbies
Club Memberships
Professional Membership Fees
Subscriptions
InvestingForMe Membership
Home Office Expenses
Clothing
Dental/Medical
Prescriptions
Groceries
Hair Expenses
Pocket Money
Birthday Presents
Holiday Season Expense
Furniture
Electronics
Bus/Travel Expense
Ferry Expense
Dry Cleaning
Line of Credit Payments
Loan Payments
Investment Costs
Investment Costs
Registered Account Fees
Registered Account Fees
Miscellaneous
Donations
Vacation/Travel
Travel Insurance
RRSP Contributions
RESP Contributions
TFSA Contributions
Savings Contributions
Realized Capital Losses
Post Secondary Education Expense
Life/Disability
Medical/Dental/ Eye Care
Business Expenses
Accounting Expense
Support Expense for Family Member
Child Support/Alimony

Pets

Veterinary Expense
Food
Toys
Kennel
Drug Expense

Total Expenses

Income Surplus/Deficit


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