Monthly Income & Expense Estimates

                                                   FEBRUARY
                                                   BUDGET
INCOME:
  Salary                                         $2,200
  Interest                                              50
                                                      ------
  Total Income                              $2,250

EXPENSES:
  Mortgage Payment                     $   650
  Auto Loan Payment                         250
  Food                                               500
  Utilities                                            250
  Property Insurance                            20
  Auto Insurance                                 50
  Life Insurance                                   15
  Vacation                                           60
  Clothing                                            50
  Appliance Replace. & Repair Fd      25
  Retirement Fund                             150
  Education Fund                              100
  Gas                                                  60
  Entertainment                                  120
  Miscellaneous                                   50
                                                    -------
  Total Expenses                          $2,350
============================================
 
 

Reconciling Monthly Income & Expense Estimates


                                                  FEBRUARY
                                                   BUDGET
INCOME:
  Salary                                         $2,200
  Interest                                              50
                                                      ------
  Total Income                              $2,250

EXPENSES:
  Mortgage Payment                     $   650
  Auto Loan Payment                         250
  Food                                               470  (decreased by $30)
  Utilities                                            240  (decreased by $10)
  Property Insurance                            20
  Auto Insurance                                 50
  Life Insurance                                   15
  Vacation                                           50  (decreased by $10)
  Clothing                                            40  (decreased by $10)
  Appliance Replace. & Repair Fd      25
  Retirement Fund                             150
  Education Fund                              100
  Gas                                                  60
  Entertainment                                    90  (decreased by $30)
  Miscellaneous                                   40  (decreased by $10)
                                                    -------
  Total Expenses                          $2,250
=================================================
 
 

Controlling Actual Expenditures to Amount Budgeted

                                                                       FEBRUARY
                                                   BUDGET                             ACTUAL
INCOME:
  Salary                                         $2,200                                $2,200
  Interest                                              50                                       50
                                                      ------                                 ------
  Total Income                              $2,250                                $2,250

EXPENSES:
  Mortgage Payment                     $   650                                $   650
  Auto Loan Payment                         250                                     250
  Food                                               470                                     455 *
  Utilities                                            240                                     243 *
  Property Insurance                            20                                       20
  Auto Insurance                                 50                                        50
  Life Insurance                                   15                                       15
  Vacation                                           50                                       50
  Clothing                                            40                                       40
  Appliance Replace. & Repair Fd      25                                        25
  Retirement Fund                             150                                      150
  Education Fund                              100                                      100
  Gas                                                  60                                        65 *
  Entertainment                                    90                                       87
  Miscellaneous                                   40                                       40
                                                    -------                                   ------
  Total Expenses                          $2,250                                 $2,240

A surplus of $10 at the end of February.