Dave Ramsey's Monthly Cash-Flow Plan

(Based on forms presented in The Total Money Makeover Workbook, 2003 edition, pgs. 120-126)
Spreadsheet Version: 1.4
Spreadsheet Homepage: http://www.mdmproofing.com/iym/products/cash-flow-budget/
View at Amazon.com: Dave Ramsey's Total Money Makeover
View at Amazon.com: Dave Ramsey's Total Money Makeover Workbook
(Purchasing via these links helps support IYM. Thank you!)

Thanks
Thanks for
fordownloading
downloading this
thisspreadsheet!
spreadsheet! IIhope
hopeyou
youfind
finditituseful!
useful!
This
This spreadsheet
spreadsheetwaswas designed
designed to
tobe
be used
usedto
to create
createaamonthly
monthlybudget
budget----or,
or,as
as Dave
Dave Ramsey
Ramseycalls
callsit,
it,aa"monthly
"monthlycash-flow
cash-flowpp
design
design of
ofthe
thespreadsheet
spreadsheetcomes
comesfrom
fromRamsey's
Ramsey's Total
Total Money
Money Makeover
MakeoverWorkbook.
Workbook.
The
Thespreadsheet
spreadsheet has
has two
two worksheets
worksheetswhich
whichrequire
require user
user input:
input: the
the INCOME
INCOME worksheet,
worksheet, and
and the
theEXPENSES
EXPENSES worksheet.
worksheet.
(Any
(Any figures
figures already
alreadyin
inthe
the worksheets
worksheets are
arefor
for sample
sampleuse
useonly,
only,and
andshould
should be
bedeleted.)
deleted.)
INCOME
INCOME Worksheet
Worksheet
Here
Hereyou'll
you'll list
list your
yourexpected
expectedincome
incomeitems
itemsfor
forthe
themonth.
month. (Since
(Since we
wefinancially-strong
financially-strongfolks
folksare
arebig
bigon
on planning
planning ahead,
ahead,we
we
about
aboutthe
the upcoming
upcomingmonth month here.)
here.) IfIfyou're
you'rein
indebt-paydown
debt-paydownmode,
mode,then
then obviously
obviouslyyou'll
you'll want
want to
toget
get income
income wherever
wherever yo
yo
sure
sureto
tolist
listititall
all here!
here!
(Note
(Note that
that robbing
robbing your
your local
localbank
bank isis probably
probablynot
notaagood
good "extra
"extraincome"
income" plan,
plan, though.)
though.)
EXPENSES
EXPENSES Worksheet
Worksheet
Here's
Here'swhere
where you'll
you'll match
match up
upyour
your expenses
expensesto
to your
your income,
income, and
andsee
seewhere
wherethings
thingsstand.
stand.
Dave
DaveRamsey
Ramseystrongly
stronglyencourages
encouragesfolks
folks to
toadopt
adopt what
what isiscalled
called "zero-based
"zero-basedbudgeting."
budgeting." In
In zero-based
zero-based budgeting,
budgeting, you
youwanwan
dollar
dollar of
of income
income aa job.
job. In Inother
other words,
words, when
whenbudgeting
budgetingfor forthe
themonth,
month,make
makesure surethat
thatyour
your"Income
"IncomeRemaining
Remainingto toBudget
Budge
appears
appearsat at the
the top
topleft,
left, stands
stands at
atZERO.
ZERO. This
This tells
tellsyou
you that
that every
everydollar
dollarhas
has beenbeen accounted
accountedfor for in
in your
your budget.
budget. IfIfthis
this figure
figur
then
thenyou
you have
havemore
moremoney
money going
going out
outthan
than isiscoming
coming in.
in. That,
That, of
of course,
course, isis bad.
bad.
The
Theworksheet
worksheetcolumns
columns are
aredefined
definedas
asfollows:
follows:
Categories
Categories
These
Thesearearethe
thebudget
budget categories
categoriesRamsey
Ramseyuses
usesin
inhis
hisversion;
version;you
youcan
canmodify
modifythem
them as
asnecessary.
necessary. Spaces
Spaces marked
marked as
as "[Other
"[Other
filled
filledin
inby
byyou
youififyou
youneed
needmore
moreentries.
entries.
Note
Note that
thatcategories
categories inin the
the "SAVING"
"SAVING"section
sectionaren't
aren'treally
really expenses.
expenses. Instead,
Instead,they
they denote
denote money
money you're
you're deliberately
deliberately settin
settin
Most
Most likely you'll transfer these amounts to a separate savings or money-market account , or something similar. Even
likely you'll transfer these amounts to a separate savings or money-market account , or something similar. Eventhou
thou
"expenses"
"expenses"in inthe
thetruest
truestsense
sense of
ofthe
theword,
word, they
theystill
still must
must be
bebudgeted
budgetedforfor ...
...or
or you
youwon't
won'tmake
make them
themhappen!
happen!
NOTE:
NOTE: Categories
Categoriesmarked
markedwith
withan
an asterisk
asterisk (*)
(*) are
aremeant
meant to
tobe
be handled
handled via
viathe
the"envelope
"envelope system"
system" of
of budget
budgetspending.
spending. He
He
amount
amount you decide to budget for these categories should go into envelopes labeled with the category names,with
you decide to budget for these categories should go into envelopes labeled with the category names, withone
oneen
en
Then,
Then, when
whenyou you spend
spendin
inthese
thesecategories,
categories,useuse the
themoney
moneyininthe
theenvelope.
envelope. When
Whenthethemoney
moneyisis gone,
gone,it's
it'sgone,
gone,and
andyou
youca
c
money
money inin that
thatcategory
categoryunless
unless you
you take
takethe
themoney
moneyfrom
fromsomewhere
somewhereelse elsein
inyour
yourbudget.
budget.
Budgeted
Budgeted Amount
Amount
Enter
Enter the
the amount
amountyou're
you'rebudgeting
budgetingfor
for each
eachcategory
categoryin
inthe
theyellow
yellowcels
celsof
ofthis
thiscolumn.
column.
Actual
ActualExpenditures
Expenditures(#1-10)
(#1-10)
These
These light blue
light bluecells
cells are
are where
whereyou
you enter
enter the
the actual
actualamounts
amountsyouyouspend
spendin
ineach
each category,
category, as
as you
you spend
spendyour
yourmoney
money and
and pp
month.
month. (You'll
(You'll likely
likelybuy
buy from
from some
somecategories
categories---- like
likegroceries
groceries ----more
morethan
thanone
one or
or two
twotimes.
times. That's
That'swhy
whythere
thereare
areten
tensp
sp
IfIf you
you run
runout
outof
of spending
spending spaces
spaces in
in aa category,
category, just
justadd
addup
up aa few
few previous
previousentries
entries and
and combine
combine the
the amounts
amounts in
in one
one cell.
cell.
Total
Total Spent
Spent
This
This isis the
thetotal
total amount
amount you've
you've spent
spentin
ineach
eachcategory;
category; itit simply
simply sums
sums up
up items
items 11 through
through 10
10 in
in each
each respective
respective row.
row.
Amount
AmountRemaining
Remaining
This
This isis the
thedifference
differencebetween
betweenyour
your "Budgeted
"BudgetedAmount"
Amount"for
for each
eachcategory,
category, versus
versus the
the "Total
"TotalSpent"
Spent" amount.
amount. It's
It's how
how much
muc
spend
spend in inthis
this category
categoryin
in order
order to
to match
match your
yourbudgeted
budgeted amount.
amount.
These light blue cells are where you enter the actual amounts you spend in each category, as you spend your money and p
month.
month. (You'll
(You'll likely
likelybuy
buy from
from some
somecategories
categories---- like
likegroceries
groceries ----more
morethan
thanone
one or
or two
twotimes.
times. That's
That'swhy
whythere
thereare
areten
tensp
sp
IfIf you
you run
runout
outof
of spending
spending spaces
spaces in
in aa category,
category, just
justadd
addup
up aa few
few previous
previousentries
entries and
and combine
combine the
the amounts
amounts in
in one
one cell.
cell.
Total
Total Spent
Spent
This
This isis the
thetotal
total amount
amount you've
you've spent
spentin
ineach
eachcategory;
category; itit simply
simply sums
sums up
up items
items 11 through
through 10
10 in
in each
each respective
respective row.
row.
Amount
AmountRemaining
Remaining
This
This isis the
thedifference
differencebetween
betweenyour
your "Budgeted
"BudgetedAmount"
Amount"for
for each
eachcategory,
category, versus
versus the
the "Total
"TotalSpent"
Spent" amount.
amount. It's
It's how
how much
muc
spend
spend in inthis
this category
categoryin
in order
order to
to match
match your
yourbudgeted
budgeted amount.
amount.
Budgeted
Budgeted $$As
As %
%of
ofIncome
Income
Tells
Tellsyou
youhow
howmuch
muchofofyour
your income
incomeeach
eachcategory's
category's"Budgeted
"BudgetedAmount"
Amount" represents,
represents,expressed
expressedas
as aapercentage.
percentage.
Left
LeftTo
To Spend
Spend
Subtracts
Subtracts your
your "Total
"Total Spent"
Spent" from
from your
your total
total income.
income. IfIfthis
thisfigure
figure isis negative,
negative, once
once again,
again, that's
that's bad.
bad. The
The closer
closeryou
you get
get to
to
month,
month,thethemore
moreimportant
importantthis
this figure
figureis.
is.
Got
Gotquestions?
questions? Contact
Contactme
meat
at "[email protected]"
"[email protected]"and
and I'll
I'll respond
respond as
assoon
soonas
asII can.
can.
Regards,
Regards,
 Created by

it,
it, aa "monthly
"monthly cash-flow
cash-flow plan."
plan." The
The basic
basic

EXPENSES
EXPENSES worksheet.
worksheet.

ig on
big on planning
planning ahead,
ahead, we're
we're usually
usually talking
talking
o get
get income
income wherever
wherever you
you can
can find
find it.
it. Be
Be

ased budgeting,
based budgeting, youyou want
want to
to give
give every
every
ome
ome Remaining
Remaining to to Budget"
Budget" figure,
figure, which
which
your
your budget.
budget. IfIf this
this figure
figure goes
goes negative,
negative,

paces marked
Spaces marked as
as "[Other]"
"[Other]" are
are meant
meant to
to be
be

you're
you're deliberately
deliberately setting
setting aside
aside as
as savings.
savings.
mething similar. Even though these aren't
ething similar. Even though these aren't
hem happen!
them happen!
"" of
of budget
budget spending.
spending. Here,
Here, whatever
whatever
egory
egory names, with one envelope
names, with one envelope per
per category.
category.
gone,
gone, it's
it's gone,
gone, and
and you
you can't
can't spend
spend any
any more
more

spend
spend your
your money
money andand progress
progress through
through the
the
at's why
hat's why there
there are
are ten
ten spaces.)
spaces.)
he
he amounts
amounts in
in one
one cell.
cell.

ch respective
ach respective row.
row.

t" amount.
nt" amount. It's
It's how
how much
much you
you have
have left
left to
to
 spend your money and progress through the
at's why
hat's why there
there are
are ten
ten spaces.)
spaces.)
he
he amounts
amounts in
in one
one cell.
cell.

ch respective
ach respective row.
row.

t" amount.
nt" amount. It's
It's how
how much
much you
you have
have left
left to
to

s aa percentage.
percentage.

ad. The
bad. The closer
closer you
you get
get to
to the
the end
end of
of the
the
INCOME ITEMS
Description Amount
Jim's paycheck #1 $ 878.30 List
List6your
your expected
expectedmonthly
monthlyincome
incomein inthe
thespaces
spaces provid
provid
1
Remember
Remember to tolist
listALL
ALL your
yourincome
income ---- the
themore
moreyou
youcan
can
2 Cathy's paycheck #1 $ 1,302.00 better!
better!
3 Jim's paycheck #2 $ 878.30
IfIf your
your expected
expectedamounts
amountsturn
turn out
out to
to be
be incorrect,
incorrect, be
be su
s
4 Cathy's paycheck #2 $ 1,384.28 change
changethemthemas
as necessary.
necessary.
5 Sold books on eBay $ 17.30
6 Anniversary gift $ 50.00 The
The data
datashown
shown are
arefor
for example
exampleonly.
only. Delete
Deletethem
themwhe
wh
ready
readyto
to enter
enter your
yourown
ownfigures!
figures!
7
8
9
10
11
12
13
14
15

$ 4,510.18
income
incomeininthe
thespaces
spacesprovided.
provided.
ncome ----the
income themore
moreyou
youcan
can"find,"
"find,"the
the

urn
urnout
outto
tobe
beincorrect,
incorrect,be
be sure
sureto
to

mple
mpleonly.
only. Delete
Deletethem
themwhen
whenyou're
you're
ures!
gures!
EXPENSE ITEMS When
Whenyou've
you'vegiven
givenevery
number
numberwill
everydollar
dollaraajob,
willequal
equalzero!
zero!
job,this
this

Income Remaining to Budget: $3,085.18

1425.00 List Actual Expenditures Here ...
Budgeted
Categories (* are "envelope" expenses) Amount 1 2 3 4 5 6 7 8 9 10
CHARITABLE GIFTS 100.00 10.00 75.00 ###
SAVING ###
Emergency Fund 315.00 100.00 215.00 ###
Retirement Fund 100.00 100.00 ###
College Fund 100.00 38.00 ###
[Other] ###
[Other] ###
HOUSING ###
First Mortgage 700.00 700.00 ###
Second Mortgage ###
Real Estate Taxes ###
Homeowners Insurance 110.00 110.00 ###
Repairs / Maintenance ###
Replace Furniture ###
[Other] ###
[Other] ###
UTILITIES ###
Electricity ###
Water ###
Gas ###
Phone ###
Trash ###
Cable ###
[Other] ###
[Other] ###
*FOOD ###
EXPENSE ITEMS When
Whenyou've
you'vegiven
givenevery
number
numberwill
everydollar
dollaraajob,
willequal
equalzero!
zero!
job,this
this

Income Remaining to Budget: $3,085.18

1425.00 List Actual Expenditures Here ...
Budgeted
Categories (* are "envelope" expenses) Amount 1 2 3 4 5 6 7 8 9 10
*Grocery ###
*Restaurants ###
*[Other] ###
TRANSPORTATION ###
Car Payment #1 ###
Car Payment #2 ###
*Gas & Oil ###
*Repairs & Tires ###
Car Insurance ###
License & Taxes ###
Car Replacement ###
[Other] ###
*CLOTHING ###
*Children ###
*Adults ###
*Cleaning/Laundry ###
*[Other] ###
MEDICAL/HEALTH ###
Disability Insurance ###
Health Insurance ###
Doctor Bills ###
Dentist ###
Optometrist ###
Drugs ###
PERSONAL ###
Life Insurance ###
Child Care ###
*Babysitter ###
*Toiletries ###
*Cosmetics ###
*Hair Care ###
Education/Adult ###
School Tuition ###
EXPENSE ITEMS When
Whenyou've
you'vegiven
givenevery
number
numberwill
everydollar
dollaraajob,
willequal
equalzero!
zero!
job,this
this

Income Remaining to Budget: $3,085.18

1425.00 List Actual Expenditures Here ...
Budgeted
Categories (* are "envelope" expenses) Amount 1 2 3 4 5 6 7 8 9 10
School Supplies ###
Child Support ###
Alimony ###
Subscriptions ###
Organization Dues ###
Gifts (incl. Christmas) ###
Miscellaneous ###
*Blow $$$ ###
RECREATION ###
*Entertainment ###
Vacation ###
DEBT PAYOFF ###
Visa 1 ###
Visa 2 ###
MasterCard 1 ###
MasterCard 2 ###
American Express ###
Discover Card ###
Gas Card 1 ###
Gas Card 2 ###
Dept. Store Card 1 ###
Dept. Store Card 2 ###
Finance Co. 1 ###
Finance Co. 2 ###
Credit Line ###
Student Loan 1 ###
Student Loan 2 ###
[Other] ###
[Other] ###
[Other] ###
[Other] ###
[Other] ###