Toolbox
See clearly where your household money goes.
Add income, expenses, debt repayments, and savings to calculate your household surplus or deficit.
01
Income
YouYour spouse
Net salary
Net rental income
Public plan benefits — employment insurance, CNESST, QPP, etc.
Private plan benefits — pension, insurer, etc.
Child benefits
Support payments received
Investment income
Other income
Total
02
Expenses — Housing
YouYour spouse
Rent / mortgage
Electricity / heating
Phone / cable / Internet
Municipal / school taxes
Home insurance
Condo fees
Home maintenance
Furniture, accessories, tools
Other housing expenses
Total
03
Expenses — Transportation
YouYour spouse
Public transit
Fuel
Auto insurance
Vehicle registration
Driver’s licence
Vehicle rental / parking
Maintenance and repairs
Other transportation expenses
Total
04
Expenses — Insurance
YouYour spouse
Life insurance
Other insurance — health, medication, etc.
Total
05
Expenses — Food
YouYour spouse
Groceries
Restaurants
Alcohol
Total
06
Expenses — Clothing
YouYour spouse
Purchases
Total
07
Expenses — Leisure
YouYour spouse
Cultural activities
Sports activities
Newspapers, magazines, music
Movie and game rentals
Lotteries
Travel
Total
08
Expenses — Education
YouYour spouse
Courses
School supplies
School trips
Total
09
Expenses — Health care / Personal care
YouYour spouse
Hair care
Beauty care
Pharmacy
Dentist, optometrist, other
Total
10
Expenses — Miscellaneous
YouYour spouse
Gifts
Pets
Tobacco
Children’s allowance
Bank fees
Support payments
Child care
Other expenses
Total
11
Debt repayments
YouYour spouse
Mortgage — if not included under housing
Credit card 1
Credit card 2
Other credit cards
Line of credit
Personal loan
Student loan
RRSP loan
Home Buyers’ Plan
Other loans
Total
12
Savings
YouYour spouse
Emergency fund
RRSP
RESP
TFSA
Special projects
Other savings
Total