Compare rates Must dos Basics Calculators Q & A Tips

page 1 | 2 | 3 | 4 | 5

Instructions:

1. Calculate monthly net income in box 1

2. Estimate monthly expenses (sum of fixed (2a), controllable (2b) and monthly portion of periodic expenses (2c)

3. Compare income and expenses and make adjustments

If you prefer to see a .pdf version of the letter, click here.

3. Compare income & expenses Net monthly income   $___________ Estimated expenses:   Fixed......................$___________   Controllable............$___________   Periodic..................$___________   (monthly portion)     minus $___________   Balance $___________

Reproduced with the permission of Michigan State University Cooperative Extension

page 1 | 2 | 3 | 4 | 5