The budget report summarizes the projected and actual monthly income and expenses for the period. Projected total monthly income was $9,500 while actual total monthly income was $9,300, a difference of $200. Projected total monthly expenses were $4,995 while actual total expenses were $4,628, resulting in a projected monthly balance of $4,505 and an actual monthly balance of $4,672, a difference of $167. Food accounted for the largest percentage of expenses at 25.93%, followed by transportation, housing, and insurance.

1. Budget Report [Your Name]8/25/2011Page 1 of 5
Budget Summary
Projected Monthly Income Projected Monthly Expenses
Income 1 $6,000 $4,995
Income 2 $1,000
Extra income $2,500
Total income $9,500
Actual Monthly Income Actual Monthly Expenses
Income 1 $5,800 $4,628
Income 2 $2,000
Extra income $1,500
Total income $9,300
Balance (income - expenses)
Projected Balance $4,505
Actual Balance $4,672
Difference ($167)
Expense Overview
Values
Budget Categories Total Cost % of Expenses
Food $1,200 25.93%
Transportation $850 18.37% Food
Housing $840 18.15%
Insurance $800 17.29% Transportation
Gifts and Charity $700 15.13%
Personal Care $140 3.03% Housing
Entertainment $98 2.12%
Insurance
Loans 0.00%
Pets 0.00% Gifts and Charity
Children 0.00%
Taxes 0.00% Personal Care
Savings or Investments 0.00%
Grand Total $4,628 100.00% Entertainment
Loans
Pets
Children
Taxes
Savings or
Investments

2. Budget Report [Your Name]8/25/2011Page 2 of 5
Values
Budget Categories Total Cost % of Expenses Investments

3. Monthly Budget - Detail 8/25/2011Page 3 of 5
Description Category Projected Cost Actual Cost
Extracurricular activities Children
Medical Children
School Supplies Children
Movies Entertainment $50 $28
Music (CDs, downloads, etc.) Entertainment $500 $30
Sporting Events Entertainment $0 $40
Dining Out Food $1,000 $1,200
Groceries Food $100 $0
Charity 1 Gifts and Charity $200 $200
Charity 2 Gifts and Charity $500 $500
Cable/Satellite Housing $100 $100
Electric Housing $45 $40
Mortgage or Rent Housing $700 $700
Health Insurance $400 $400
Home Insurance $400 $400
Credit Card 1 Loans
Credit Card 2 Loans
Clothing Personal Care $150 $140
Dry Cleaning Personal Care $0
Health Club Personal Care
Food Pets
Grooming Pets
Medical Pets
Investment account Savings or Investments
Retirement account Savings or Investments
Federal Taxes
State Taxes
Bus/Taxi fare Transportation $100 $150
Fuel Transportation $450 $400
Insurance Transportation $300 $300

4. Monthly Budget - Detail 8/25/2011Page 4 of 5
Difference Actual Cost Ranking
$0
$0
$0
$22
$470
($40)
($200)
$100
$0
$0
$0
$5
$0
$0
$0
$0
$0
$10
$0
$0
$0
$0
$0
$0
$0
$0
$0
($50)
$50
$0

5. Budget Category Lookup
Children
Entertainment
Food
Gifts and Charity
Housing
Insurance
Loans
Personal Care
Pets
Savings or Investments
Taxes
Transportation