The first step in getting yourself in a fitting financial shape to buy a flat/home is to know exactly how much money comes IN and how much goes OUT. Use this worksheet to list your income and expenses below.
| INCOME |
|
| Take Home Pay (inclusive of all family members) |
|
| Child Support/Alimony |
|
| |
|
| Other Insurance |
|
| Interest/Dividends |
|
| Others |
|
| Total Income |
|
| EXPENSES |
|
| Rent/Mortgage (include taxes, principal, and insurance) |
|
| Life Insurance |
|
| Health/General Insurance |
|
| Vehicle Insurance |
|
| Homeowner’s or Other Insurance |
|
| Vehicle Installment Payments |
|
| Other Loan Payments |
|
| CPF Contribution |
|
| Utilities (gas, water, electric, phone) |
|
| Credit Card Payments |
|
| Vehicle Upkeep (petrol, maintenance, etc.) |
|
| Clothing |
|
| Personal Care Products (shampoo, cologne, etc.) |
|
| Groceries |
|
| Food & Beverage (restaurant meals etc). |
|
| Medical/Dental/Prescriptions |
|
| Household Goods (hardware, lawn, and garden) |
|
| Recreation/Entertainment |
|
| Child Care |
|
| Education (continuing education, classes, etc.) |
|
| Charitable Donations |
|
| Miscellaneous |
|
| Total Expenses |
|
Remaining Income After Expenses
(LESS Total Expenses from Total Income) |
|
