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Money Makeovers

Introduction | Pop-Up Budget | Advice

 
Beht and Sam run the numbers. Mike and Sam's Pop-Up Budget

We pored through our money makeover couple's budget and found out that their monthly cash flow is $14.43. That means, if you subtract their income from their expenses, they are left with $14.43 a month. How is this possible? They earn over $120,000 a year! Take a peek...

Click on thepointerfor our suggestions. 


Monthly income (before taxes) ....................................... $10,810.00
Monthly expenses ...........................................................$10,795.57
Monthly cash flow .................................................................$14.43

 MONTHLY EXPENSES
  Federal, state, and local taxes and FICA   $3,634.57  
Rent   $1,920.00  
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IRA & 401(k)   $697.00  
  Groceries   $125.00  
  Gas/Electric/Telephone   $200.00  
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Eating Out   $700.00  
  Clothes   $500.00  
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Student Loan Payment   0  
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Car Expenses (garage and gas)   $310.00  
  Public Transportation   $200.00  
  Health Insurance   $86.00  
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Home Insurance   0  
  Auto Insurance   $160.00  
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Disability Insurance   $2.00  
  Life Insurance   $3.00  
  Laundry/Dry Cleaning   $75.00  
  Medical & Dental (not covered by insurance)   $280.00  
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Bank Fees   $142.00  
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Hobbies   $100.00  
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Nightlife   $100.00  
  Movies/Theater/Cable TV   $100.00  
  Computer Software/CDs/Cassettes   $40.00  
  Gifts   $300.00  
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Vacation   $500.00  
  Magazines/Newspapers/Books   $10.00  
Personal Care   $200.00  
  Membership Fees/Charitable Contributions   $118.00  
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Pets/Pet Care   $35.00  
  Internet Access Fee   $20.00  
  Miscellaneous   $238.00  
  TOTAL EXPENSES    $10,795.57  
 
TOTAL MONTHLY INCOME
(BEFORE TAXES)
 
$10,810.00
 
  TOTAL MONTHLY EXPENSES   $10,795.57  
 
MONTHLY CASH FLOW

 

 
$14.43
 
  What Should They Do? Find out what Kobliner recommends

 

 
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