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Personal Budget




Personal budget is the part of personal finance. It is estimation of personal income and expenditures. Like government budget, this budget also shows what are main income sources of anybody and what are main expenditures of a person or family? I don’t talk about any body’s personal budget, but I can show you a teacher’s personal budget who is living like me.

Income Sources → Estimated receipts

1. Online Content Work
2. Saving Account Interest
3. RD Saving Interest
4. Teaching and Tuition Work Earning
5. Earning from CDs and VCDs
6. Commission from partners' income
7. Online Coaching Notes
8. Online A/cs Services
9. Public Accounting services
10. Online Donation Earning
11. Return on Advertising Investment
12. Books Royalty
13. Commission from Amazon.com
14. Marketing Earning
15. Financial Consulting Earning
16. Other Earning

Expenditures → Estimation of expenses

1. Internet Bill
2. Lighting Bill
3. Rent Bill
4. Donation Bill
5. Father Bill
6. Mother Bill
7. RD Saving Bill
8. Bank Charges
9. Saving Account Bill
10. Employees Bill
11. Computer Depreciation Bill
12. Emergency Reserve
13. Cycle Repair Bill
14. Fan Repair Fund
15. Refresh fund
16. Electricity Tube Replacement Fund
17. Employee Pension Fund
18. Own Pension Fund
19. Employee's Security
20. UPS and battery Fund
21. UPS Repair Fund
22. Advertisement Fund
23. Brother Fund
24. Sister Fund
25. Relative Fund
26. Neighbors Fund
27. Society Fund
28. Festival Fund
29. Death Fund
30. Friends Party Fund
31. Insurance Bill
32. Petrol Bill
33. Mobile Bill
34. Wife Bill
35. Son Bill
36. Daughter Bill
37. New Hardware of Computer
38. New Fan Fund
39. New Laptop Fund
40. New Bike Fund
41. Kitchen Construction Fund
42. Water Bill
43. Hand pump or water pump repair bill
44. Income Tax bill
45. Sale Tax Bill
46. Service Tax Bill
47. House Tax Bill
48. Humanity Bill
49. Plants Bill
50. Pet Bill
51. Stationary bill
52. Furniture Depreciation fund
53. Building Fund
54. Gift Fund
55. Food Fund
56. New Invention and Research Fund
57. Travelling bill
58. Meeting Bill
59. Legal Bill
60. Penalty Fund
61. Risk Fund
62. Watch Repair Bill
63. Mobile Repair Bill
64. Correspondence Via mail bill
65. Hair Cutting Bill
66. Cloth Bill
67. Shoes Bill
68. Newspaper Bill
69. Picture and Video bill
70. Decoration Bill
71. Activation of Dreams Reserves
72. Other Endless Expenditures

 


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Accounting Education: Personal Budget
Personal Budget
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Accounting Education
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