Gross Amount: Amount of money before taxes and tithe are removed. Considered Annually for this calculator.

Tithe: Monies given as external testimony of God's ownership of everything in our lives.

Taxes: Monies owed to the government from your income.

Net Spendable: Monies remaining after all taxes and charitable giving are paid.

Housing: This expense should include mortgage, insurance, gas, electricity, maintenance, and phone.

Food: This expense includes your basic grocery list. Do not include eating out in this category.

Auto: This expense includes auto payment, insurance, maintenance, and replacement.

Insurance: Life, health, and other.

Debt: This category, if needed, should not be overlooked. Getting debt eliminated is a very important goal of any budget.

Entertainment: Eating-out, vacations, and activities should be included.

Savings: Do not overlook this category. Many persons do not budget for this category. The minimum amount should be at least $10 a month for each family member.

Health Care: Dentist, physician.

Micellaneous: This category is generally for items that do not fit any other category. This category can be the most dangerous as far as budget busting if not kept under control.

Investments: Stocks, bonds, mutual funds, and other.

Education / Childcare: Tuition, day care, and related expense. This category is added as a guide only. If you have this expense, the percentage shown must be deducted from other budget categories.

The School/Childcare category is added as a guide only. If you have this expense, the percentage shown must be deducted from other budget categories. Remember, all percentages must add up to 100 percent.