








                 ==================================================
                                       BUDGET


                      For:                Robert Smith, Jr.
                      Initial Cash Balance:        2,000.00
                      As of:                        2/10/91
                 ==================================================




              (** This is a sample with just the month of February **)
                 (** We put these comments here with an editor **)
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                 Prepared By :                        I.M. Smart
                            BUDGET FOR THE MONTH OF FEB 



     INCOME/RECEIPTS              BUDGETED    % INC         ACTUAL    % BUD

     _______________              ________    _____         ______    _____
       Salaries:                  4,500.00     89.1       5,000.00    111.1
       Pensions, Allowances:          0.00      0.0           0.00      0.0
       Interest Income:             300.00      5.9         300.00    100.0
       Real Estate Income:          250.00      5.0         200.00     80.0
       Other Income:                  0.00      0.0           0.00      0.0
       Loan Advances:                 0.00      0.0           0.00      0.0
     MONTHLY INCOME:              5,050.00    100.0       5,500.00    108.9
     ======================================================================


     EXPENSES/PAYMENTS            BUDGETED    % INC         ACTUAL    % BUD

    _________________            ________    _____         ______    _____
       Mortgage/Rent Payment:       750.00     14.9         750.00    100.0
       House Taxes:                   0.00      0.0           0.00      0.0
       House Insurance:             345.00      6.8         345.00    100.0
       Electric, Gas & Water:       115.00      2.3         145.00    126.1
       Telephone:                    65.00      1.3          75.00    115.4
       Home Maintenance:            300.00      5.9         225.00     75.0
       Furniture, Appliances:         0.00      0.0         135.00    ***.*
     Shelter:                     1,575.00     31.2       1,675.00    106.3


       Car Payments:                350.00      6.9         350.00    100.0
       Gas & Oil:                    75.00      1.5          65.00     86.7
       Car Ins., Lic., Etc.:         85.00      1.7           0.00      0.0
       Repairs & Maintenance:        75.00      1.5           0.00      0.0
       Bus, Taxi, Park, Etc.:         0.00      0.0           0.00      0.0
     Transportation:                585.00     11.6         415.00     70.9


       Health Insurance:              0.00      0.0           0.00      0.0
       Medicine, Glasses Etc:        50.00      1.0          65.00    130.0
       Doctor, Dentist Fees:         50.00      1.0          45.00     90.0
       Personal Grooming:            35.00      0.7          40.00    114.3
     Health/Personal Care:          135.00      2.7         150.00    111.1


       Groceries:                   350.00      6.9         375.00    107.1
       Restaurant Meals:             75.00      1.5          70.00     93.3
       Clothing/Laundry:             50.00      1.0          50.00    100.0
     Food & Clothing:               475.00      9.4         495.00    104.2


       Vacation & Travel:           125.00      2.5         125.00    100.0
       Club Membership Fees:         20.00      0.4           0.00      0.0
       Movie/Show/Sport Etc.:        30.00      0.6          27.00     90.0
       Entertaining:                 40.00      0.8          50.00    125.0
       Education, Books:             25.00      0.5          30.00    120.0
       Babysitting & Care:           30.00      0.6          25.00     83.3
     Recreation/Education:          270.00      5.3         257.00     95.2


       Life Insurance:               30.00      0.6           0.00      0.0
       Loan Payments:               300.00      5.9         275.00     91.7
       Charitable Gifts:             35.00      0.7          35.00    100.0
       Liquor & Cigarettes:           0.00      0.0           0.00      0.0
       Miscellaneous:                50.00      1.0          50.00    100.0
       Savings, I.R.A.'s Etc:       150.00      3.0         150.00    100.0
     Other Expenses:                565.00     11.2         510.00     90.3
     MONTHLY EXPENSES:            3,605.00     71.4       3,502.00     97.1
     ======================================================================
     SURPLUS/DEFICIT (-)          1,445.00                1,998.00
     ======================================================================



                           B U D G E T   S U M M A R Y
                           INCOME AND EXPENSE ANALYSIS


                                                                     Actual vs
     INCOME (excluding loan advances)   Projected          Actual    Projected
     Salaries:                           4,500.00        5,000.00         111%
     Pensions, Allowances:                   0.00            0.00           0
     Interest Income:                      300.00          300.00         100
     Real Estate Income:                   250.00          200.00          80
     Other Income:                           0.00            0.00           0
     TOTAL INCOME:                       5,050.00        5,500.00         109


                                                                     Actual vs
     EXPENSES (excluding savings)       Projected          Actual    Projected
     Shelter:                            1,575.00        1,675.00         106
     Transportation:                       585.00          415.00         104
     Health/Personal Care:                 135.00          150.00         111
     Food & Clothing:                      475.00          495.00          71
     Recreation/Education:                 270.00          257.00          95
     Other Expenses:                       415.00          360.00          87
     TOTAL EXPENSES:                     3,455.00        3,352.00          97




                          PROJECTED CASH FLOW ANALYSIS


                     Cash           Cash           Monthly                   
     Month         Inflows        Outflows       Difference          Balance 
                                           Initial Balance:         2,000.00
       FEB        5,050.00        3,605.00         1,445.00         3,445.00
       MAR            0.00            0.00             0.00         3,445.00
       APR            0.00            0.00             0.00         3,445.00
       MAY            0.00            0.00             0.00         3,445.00
      JUNE            0.00            0.00             0.00         3,445.00
      JULY            0.00            0.00             0.00         3,445.00
       AUG            0.00            0.00             0.00         3,445.00
       SEP            0.00            0.00             0.00         3,445.00
       OCT            0.00            0.00             0.00         3,445.00
       NOV            0.00            0.00             0.00         3,445.00
       DEC            0.00            0.00             0.00         3,445.00
       JAN            0.00            0.00             0.00         3,445.00




                           ACTUAL CASH FLOW ANALYSIS


                     Cash           Cash           Monthly                   
     Month         Inflows        Outflows       Difference          Balance 
                                           Initial Balance:         2,000.00
       FEB        5,500.00        3,502.00         1,998.00         3,998.00
       MAR            0.00            0.00             0.00         3,998.00
       APR            0.00            0.00             0.00         3,998.00
       MAY            0.00            0.00             0.00         3,998.00
      JUNE            0.00            0.00             0.00         3,998.00
      JULY            0.00            0.00             0.00         3,998.00
       AUG            0.00            0.00             0.00         3,998.00
       SEP            0.00            0.00             0.00         3,998.00
       OCT            0.00            0.00             0.00         3,998.00
       NOV            0.00            0.00             0.00         3,998.00
       DEC            0.00            0.00             0.00         3,998.00
       JAN            0.00            0.00             0.00         3,998.00





                            SAVINGS AND LOAN SUMMARY


                  Actual Regular Savings:                150.00
                  Actual Loan Advances:                    0.00
                  Projected Regular Savings:             300.00
                  Projected Loan Advances:                 0.00

