The Gathering Place Where Family Matters

We Can’t Live on Love Alone—Our Financial Situation

The decisions you make during this period of time called ‘engagement’ will set the course for the direction of your marriage. One of the hindrances to a good marriage is large debt and poor money management. Wise couples plan and talk honestly about financial matters. Take time to check out the “Good Questions for Engaged Couples” material. Often couples are not sure what their expenses will be after they are married. This financial planner is not exhaustive; however, it will give you an idea of how to plan and be prepared.

Always remember this principle, “The borrower is servant to the lender” (Proverbs 22:7). Heavy indebtedness that adds stress and pressure to the marriage can be avoided if both the bride and groom remember that it is His money and that we are to manage it wisely!

Monthly Income

Gross Monthly Income _______________

Investment Income _______________

Total Monthly Income _______________

Monthly Deductions

Tithe and Offering _______________

Federal Income Tax _______________

State/Local Taxes _______________

Social Security/Medicare _______________

Total Monthly Gross Income _______________

Total Monthly Tithe/ Taxes _______________

Total Remaining Usable Monthly Income _______________

Expenses: Housing Payments

Mortgage/ Rent _______________

Homeowners/ Renters Ins. _______________

Property Taxes _______________

Repairs/Improvements _______________

Utilities: Electric __________ Water/Sewer __________ Gas__________ Telephone _________

Total Housing Expenses _____________

Expenses: Food and Grocery _______________

Expenses: Heath Ins. Medical Exp. _______________

Expenses: Transportation

Car payment ______ Insurance ________ Gas/oil/repairs ________ Misc. tolls/parking _______

Total Transportation_____________

Expenses: Credit card/Loans ___________

Expenses: Entertainment/Recreation / Personal ______________

Savings/ Investments _____________

Total Monthly Usable Income ___________________

Total Monthly Projected Expenses ___________________

Current Status, (Positive or Negative) ___________

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