A Home of My Own

Activity 17: Housing Practice Money Map

(This activity is also available as a blank, downloadable and printable PDF – Download Blank Activity 17 Worksheet)

In order to get a better feel for managing your money when living independently, it’s good to plan and practice! 

  • Step 1: Enter the maximum amount you should spend on housing each month in your money map under the Planned Spending column.
  • Step 2: Enter all of your planned needs and wants from your original money map.
  • Step 3: Calculate your cash flow. 
  • Step 4: Do you have enough money to meet all of your other needs and have enough for wants? If not, revisit needs and wants.
  • Step 5: “Practice” living independently, at least financially. Deposit your maximum monthly housing expenses into a savings account and practice managing your other needs and wants with your remaining income. Track how you do using the Actual Spending column.  

For the best experience, please use a computer or tablet to complete the activities in this topic.

My Housing Practice Money Map

My Needs Descriptions Planned Actual
Total Needs {{ total_needs | toCurrency }} {{ total_needs_actual | toCurrency }}

Wants Planned Actual
Total Wants {{ total_wants | toCurrency }} {{ total_wants_actual | toCurrency }}

Cash Flow
Planned Actual
Expenses (Total Needs + Wants) {{ expenses | toCurrency }} {{ actual_totals | toCurrency }}
Total Monthly Income
Total Cash Flow (Income – Expenses) {{ cash_flow | toCurrency }} {{ actual_cash_flow | toCurrency }}

Click the button to save your Money Map to a Google sheet.

The Google sheet will allow you to update your Money Map in the future. If you do not have a Google account you will need to create one to save your Money Map

{{ sheet_status }}