Professional Documents
Culture Documents
Period 1
10/23/13
Personal Budget 1:
Monthly Income: I am earning $11.00 per hour with a 28% tax rate:
$11 per hour x 40 hours x 52 weeks at a 72% net pay after taxes = $16473.60
Annual Income ($16473.60) divided by 12 months = $1372.80 a month.
Monthly Expenses:
1.
2.
3.
4.
5.
6.
7.
Rent
Food
Telephone
Gas (heating)
Electric
Laundromat
Car insurance
Males= $910 12 months
8. Car Payment / Car Repair
$400
$168.42
$25
$0 included
$0 included
$6
$75.80
9. Gasoline
10. Entertainment
11. Clothing
12. Gifts
13. Work Expenses
14. Loan Repayment ($1000 12 months)
15. Health Insurance (above what employer pays)
16. Savings
$122.92
$50
$67.70
$39.50
$46
$11
$15
$83.33
$175
$87.13
Total..$1285.67
Housing
Telephone:
$25- Metro PCS
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Utilities:
__________________________________________________________________
Laundromat:
Step 1:
Step 2:
4-loads/ month
4 loads x $1 per load (cost of washer and dryer per load)
$4 x $1=$4
Subtotal: $4 for machine use
Step 3:
Clothing:
Item:
Jeans
Socks
Underwear
Shoes
Shirts
Shorts
Quantity Needed:
4
24 pairs
18 pairs
2 pairs
15 shirts
5 shorts
Total: $552
The total ($552) divided by 12 monthly payments
Monthly Total: $46
Total Price:
$120
$32
$45
$130
$150
$75
Food:
Items:
Milk
Bread
Cornflakes
Eggs
Apple Juice
Cheese
Rice
Beans
Smuckers Jelly
Lettuce
Tortilla
Orange Juice
Ham
Steak
Apples
Onion
Avocados
Lemons
Tomatoes
Cooking Oil
Ketchup
Mayo
Bananas
Chips
Cookies
Ground Beef
Butter
Quantity:
3 gal
2 loafs
2
24
3 gal
8 lbs
3 lbs
2 lbs
1
1
90 cnt
2 gal
2 packs
7 lbs
12 lbs
1 lb
3
1 lb
3 lbs
48 oz
32 oz
16 oz
3 lbs
2 bags
2 packs
3 lbs
27 oz
Total Price:
$6.38
$2.40
$6.60
$2.59
$9
$5.25
$1.10
$2
$2.97
$0.89
$2.69
$7.78
$7.50
$24.43
$8.28
$0.50
$1.50
$0.75
$7.50
$2.99
$1.89
$2.09
$2.97
$4.50
$6
$5.97
$3.90
Personal Items
Items:
Quantity:
Total Price:
Soap
$1
$2
Toilet Paper
8 rolls
$5.99
$5.99
Toothbrush
$2
$2
Listerine
250ml
$4.39
$4.39
Razors
Pack of 4/$5
$5
Cotton Swabs
250
$4.99
$4.99
Deodorant
$2.29
$2.29
Dish Soap
1/ 500ml
$1.69
$1.69
Cologne
$5.99
$5.99
Toothpaste
$3.19
$3.19
Total: $168.42
__________________________________________________________________
Loan Repayment:
$1000 divided by 12 months = $83.33 monthly payment
__________________________________________________________________
Car:
Key Details
145,880 Miles
Nighthawk Black Pearl
4 Cylinder Engine
Gasoline
4 Speed Automatic Transmission2 wheel drive - front
Two Door Coupe
Stock No: R944
VIN: 1HGEM22905L025442
AM/FM Radio
__________________________________________________________________
Car Repair
$50 includes oil change, wash and repairs
_________________________________________________________________
_
Car Insurance:
Year (Average): $910 male
Month: $75.80
Car Loan:
__________________________________________________________________
Gas:
*Situation: I live 10 miles from work, thus 20 miles a day, and 22 work days a month.
My car gets 31 mpg
Gasoline costs $3.89 per gallon
Work:
20 miles of work x 22 days = 440 miles
440 miles divided by 31 mpg = 14.1 gallons
14.1 gallons x $3.89 (cost per gallon) = $55.20 on gas per month
Additional Driving:
100 miles of driving in a month divided by 31 mpg = 3.2 gallons
3.2 gallons x $3.89 (cost per gallon) = $12.50
Work (gas):
Additional (gas):
$55.20
$12.50
Total:
$67.70
Entertainment:
Activity:
Number of Times:
Total Price:
Hamburgers
$5
$10
TV
Free
Unlimited
$0
Internet
$15/ Dish
Unlimited
$15
Pizza
$5 per box
$10
Movie Rentals
$1.50
$4.50
Work Expenses:
Parking = 0 cents a day x 22 work days = $0
Lunch = $6 per day x 2 days you buy lunch = $12
Snacks = $0.75 per day x 4 snacks = $3
Total:
__________________________________________________________________
Gifts:
Birthdays:
Who?
Who?
Mom
Dad
Shirt.$20
Pants$22
Christmas:
Who?
Who?
Mom
Dad
Earings.$25
Slippers$20
Weddings:
Couple: Jason and Sara
Photo Frames.$20
Couple: Cristian and Kaira
Dishes.$25
Total (year): $132
Total ($132) divided by 12 months =