A Thought About Money from a Seasoned Mama Bird

Piggy Bank with dollars sticking out

Thoughts about Money

As heard on KLBT 88.1

Money is one of the most difficult topics for single mothers and others who struggle to keep afloat. I hope this little list helps.

A Budget Format

BUDGET

Name: _____________________________       Month/Year ______/_______

Cash on hand: …………………………………………..         $ __________

Checking balance: …………………………………….        $ __________

Savings balance: ……………………………………….        $ __________

Income

Take home pay …………………………………………       $ __________

2nd Job pay ………………………………………………..       $ __________

Child Support …………………………………………….      $ __________

Social Security …………………………………………..      $ __________

SSI …………………………………………………………….      $ __________

TANF …………………………………………………………     $ __________

CCMS …………………………………………………………      $ __________

Food Stamps ……………………………………………..       $ __________

Other …………………………………………………………      $ __________

Total Income Each Month                         $ ___________

Expenses (Expected to spend for the month)      Paid Monthly                                                            Total Owed

Tithe …………………………………………………….  $ ______________ 

Savings ………………………………………………..    $ ______________

Debt

Credit Card …………………………………………………..       $ ______________

Credit Card ………………………………………………………  $ ______________

School Loan ……………………………………………………     $ ______________

Loan from Family ……………………………………………     $ ______________

Loan from Friends ……………………………………             $ ______________

Traffic Tickets …………………………………………………      $ ______________

Insufficient funds fees …………………………………          $ ______________

Car repossessions ………………………………………              $ ______________

Bank accounts ………………………………………………           $ ______________

Pawn shops …………………………………………………             $ _____________

Other loan ……………………………………………………………     $ ____________

Debt (Subtotal) …………………………………………………..      $ ____________

Housing

Program Fee …………………………………………………………….   $ ______________

Storage Unit ……………………………………………………………..    $ ______________

Phone ……………………………………………………………………….    $ ______________

Other ………………………………………………………………………..     $ ______________

Housing (Subtotal) ……………………………………………………    $ ______________

Auto

Car payments ……………………………………………………………       $ ______________

Gas ……………………………………………………………………………        $ ______________

Maintenance …………………………………………………………….          $ ______________

License/stickers ………………………………………………………..          $ ______________

Auto (Subtotal) ……………………………………………………………      $ ______________

Insurance

Auto ………………………………………………………………………….                $ _____________

Medical …………………………………………………………………….                 $ _____________

Life ……………………………………………………………………………                $ _____________

Other …………………………………………………………………………               $ _____________

Insurance (Subtotal) ……………………………………………………           $ _____________

Household/Personal

Groceries ………………………………………………………………….                $ _____________

Lunches …………………………………………………………………….                $ _____________

Clothing …………………………………………………………………….                $ _____________

Hair ……………………………………………………………………………              $ _____________

Cosmetics ………………………………………………………………….               $ _____________

Laundry ………………………………………………………………………            $ _____________

Education …………………………………………………………………..               $ _____________

Other …………………………………………………………………………               $ _____________

Household/Personal (Subtotal) …………………………………..          $ _____________

Entertainment

Eating out ………………………………………………………………….                $ _____________

Movies/Events …………………………………………………………..               $ _____________

Video Rentals …………………………………………………………….               $ _____________

Entertainment (Subtotal) …………………………………………….          $ _____________

Professional Services

Childcare ……………………………………………………………………              $ _____________

Medical ………………………………………………………………………              $ _____________

Dental ………………………………………………………………………..               $ _____________

Prescriptions ………………………………………………………………            $ _____________

Other …………………………………………………………………………               $ _____________

Professional Services (Subtotal) ………………………………….          $ _____________

Miscellaneous ………………………………………………………………              $ _____________

Total Expenses for the Month………………………………………              $ ____________

Total Debt ………………………………………………………………………………..   $ ____________

Total Income for the Month ………………………………………………………   $ ____________

Total Expenses for the Month ………………………………………………….      $ ____________

Grand Total …………………………………………………………………..                 $ ____________

Related posts: 7 Steps for Managing Money, Never Enough Money?, Managing Money, a video

Gail smiling in purple suitI am a Certified Professional Coach and I hold a degree from Lamar University in Speech and a Master’s from the University of Texas. I married Sam after raising three children as a single mother. I was an educator in regular and special education for twenty years, finishing my professional career as a Braille teacher. In 2007 I founded SMORE for Women. SMORE is a nonprofit association whose goal is Single Moms, Overjoyed, Rejuvenated, and Empowered. My stories have been published in several Christian books and magazines. My Website.

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