 |
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 the for
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 |
|
|
|
IRA
& 401(k) |
|
$697.00 |
|
| |
Groceries |
|
$125.00 |
|
| |
Gas/Electric/Telephone |
|
$200.00 |
|
|
|
Eating
Out |
|
$700.00 |
|
| |
Clothes |
|
$500.00 |
|
|
|
Student
Loan Payment |
|
0 |
|
|
|
Car
Expenses (garage and gas) |
|
$310.00 |
|
| |
Public
Transportation |
|
$200.00 |
|
| |
Health
Insurance |
|
$86.00 |
|
|
|
Home
Insurance |
|
0 |
|
| |
Auto
Insurance |
|
$160.00 |
|
|
|
Disability
Insurance |
|
$2.00 |
|
| |
Life
Insurance |
|
$3.00 |
|
| |
Laundry/Dry
Cleaning |
|
$75.00 |
|
| |
Medical
& Dental (not covered by insurance) |
|
$280.00 |
|
|
|
Bank
Fees |
|
$142.00 |
|
|
|
Hobbies |
|
$100.00 |
|
|
|
Nightlife |
|
$100.00 |
|
| |
Movies/Theater/Cable
TV |
|
$100.00 |
|
| |
Computer
Software/CDs/Cassettes |
|
$40.00 |
|
| |
Gifts |
|
$300.00 |
|
|
|
Vacation |
|
$500.00 |
|
| |
Magazines/Newspapers/Books |
|
$10.00 |
|
|
Personal
Care |
|
$200.00 |
|
| |
Membership
Fees/Charitable Contributions |
|
$118.00 |
|
|
|
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 |
|
| |
|
|
| |
|
|
| |
Introduction
| Pop-Up Budget
| Advice
|
|
|