Wealthstack
40

John Smith

New budget snapshot

Total monthly income
$0
Total monthly expenses
$0
Net
$0

Corporation

Gross income in corporation
$
Expenses related to corporation (excluding salaries, personal insurance, donations, personal expenses and tax)
$
Gross income in corporation after corporate expenses$0
Life and Critical Illness insurance premiums
$
Salaries (Gross of tax)
$
Donations paid from corporation
$
Personal expenses paid by corporation
$
Corporation income taxes
$
Net income in corporation$0
Proportion of (G) saved in corporation
$
Proportion of (G) paid as dividends$0

Gross Personal Income for the family

Gross salaries from the corporation$0
Gross salaries not from the corporation
$
Dividends from the corporation$0
Rental Income
$
Pension Income
$

Personal Expenses

Personal Taxes for income
$
Personal Taxes for income
$
Personal Taxes for income
$
Give
$

Debt Payments

Mortgage
$
Vehicle
$
Line of Credit
$

Savings

RRSP
$
TFSA
$
RESP
$

Life Insurance

Personal Life, Disability and Critical Illness
$
Group Life, Disability and Critical Illness
$
Net Personal Income to be used as additional savings
$0