List Income

List Expenses

Fixed:

1. Contribution
   
2. Taxes (income, social security, property)--SAVE FOR
   Matt. 22:21; Rom. 13:6-7
   
3. Insurance (life, health, home, auto)--SAVE FOR if not monthly
   
4. Car Payment--SAVE FOR down payment when paid off
   
5. Rent/House Payment

   Changeable:

   negatively influenced by greed (impulse buying)
   Col. 3:5-6; I Tim. 6:8; Prov. 21:17
   

6. Utilities (electricity, water, gas, phone)--CONTROLLABLE
   
7. Food--I Tim. 5:8--CONTROLLABLE
   
8. Clothing--CONTROLLABLE
   
9. Entertainment and Recreation--CONTROLLABLE
   
10. Automobile expense (gas, oil, repairs, license)
    
11. Medical and Dental--SAVE FOR
    
12. Savings for Retirement/Vacation/College
    
13. Gifts and Loans--Matt.25:8-9--CONTROLLABLE
    
14. Debts--Rom. 13:8
    
15. Helping Relatives--I Tim. 5:8, 16
    
16. Postage
    
17. School Supplies/Expenses
    
18. Children's Allowance
    
19. Personal Allowance (Mad Money)
    
20. Miscellaneous

Rework the Budget Regularly to Get it Right

Do Not Spend Money if Controllable and Not in Budget

How to Control Buying from Greed

1. Do Not Buy on Impulse
   1. Wait a Week
   2. On Big Items, Wait a Month
2. Comparison Shop
3. Buy One Big Thing at a Time
4. Do Not Buy on Credit
5. Limit Your Trips to the Store

How to Control Gift Spending

1. Plan Ahead
2. Give Gifts You Make
3. Do Not Buy Gifts on Credit
4. Help Your Children Earn Money for Gifts
5. Send Cards Instead