(This activity is also available as a blank, downloadable and printable PDF – Download Blank Activity 7 Worksheet)
Make a list of your fixed recurring monthly expenses and decide whether each expense is a need or a want. Recurring expenses are expenses that keep happening in the same way month after month. You’ll use this information later when you put together your money map.
| EXAMPLE: Fixed Recurring Monthly Expenses for SEPTEMBER | |||
| Expense Description | Need | Want | Amount |
| 1. Rent | X | $400.00 | |
| 2. Utilities* | X | $74.00 | |
| 3. Phone | X | $20.00 | |
| 4. Student Loan Payment | X | $50.00 | |
| Expense Description | Need | Want | Amount | |
| Add another row | ||||
| Total Monthly NEED Recurring Expenses | {{ total_need_expenses | toCurrency }} | |||
| Total Monthly WANT Recurring Expenses | {{ total_want_expenses | toCurrency }} | |||
| Total Monthly Recurring Expenses | {{ total_need_and_wants | toCurrency }} | |||