My Budget Project Personal Finance Period:_____ Your Name 7/7/2016 1

2 My Life Marital Status (married, single, etc.): Number of Children: Where will you live (city/state)?:

My Yearly Income- $ Job Title: 7/7/ Give a brief description of the job in a few sentences (research the job)

Salary and Taxes Use taxformcalculator.com to find your rates Job Title Gross Salary (Yearly): Federal Tax Rate: Taxes Paid (Yearly): Federal - State Tax Rate: Taxes Paid (Yearly): State - Remaining Amount of Money: Divide by 12= Monthly Salary: 7/7/2016 4

Expenses: Student Loans My Student loan is $ My monthly student loan payment is: 7/7/2016 5

Home: 7/7/ Find a home or apartment in the city you want to live. ( Rent/Mortgage: $

Photo of Home 7/7/2016 7

Utilities: Home or Apartment My monthly electric bill is:_______________ Kwh used per month is:_________________ My monthly gas bill is: __________________ Amount of gas I use per month: My monthly water/sewer bill is: Amount of water I use per month: 7/7/2016 8

TV/Internet How much will you pay for TV and Internet? (Find the amount you will pay after any special offers run out). Do you only use Netflix, Hulu Plus, etc.? What is that cost? 7/7/2016 9

My cell phone/smart phone is a : Monthly Expense is:__________________ Cell Phone Bill 7/7/

Groceries I will spend: $ Items that I will buy: 7/7/

Entertainment I go out to eat ___ times a month Cost: ____________________ Movies, concerts, other entertainment Cost: ____________________ Hobbies Cost: ____________________ 7/7/

Clothing I do most of my clothes shopping at: The items I buy a month are: The items I buy a couple times a year are (figure this cost into how much you will budget a month): I will spend $ a month on clothes 7/7/

Vehicle/Transportation Make and Model: Car Payment: $ Car Registration: $ Approximate miles travel a week by car ______ Multiply 4 times ________miles= _______ miles per month. How many miles per gallon does your car average:__________ Number of gallons of gas per month X (times) cost of gasoline per gallon: Car Maintenance: $ 7/7/

Transportation Photo of Car 7/7/

Insurance My Auto insurance will be approximately $__________ per year. I will purchase the following additional insurances: Type: Cost/month: $ 7/7/

Health & Personal Care Budget Monthly Health Care expenses Doctor Visits? Costs: _________________ Dental Visits/Costs:___________________ Gym Membership Costs:_________________ Other health spending (medicine, first aid, etc.): 7/7/

Gifts/Donations Birthdays:____________ Weddings: ___________ Personal Relationships:___________ Gifts or donations to churches or non-profits: ____________ 7/7/

Savings and Investments Select Bank you will use: I will put $ in savings a month. I will put $ in a retirement account a month. I will put $ in a college savings plan a month. I will put $ in investments a month. 7/7/

My Monthly Summary My monthly net income is: __________________ My monthly expenses including my savings a month is: ___________________________________ Amount left over at the end of the month: 7/7/

Write-up State what you learned doing this project. 7/7/