My Budget Project Personal Finance Period:_____ Your Name My Budget Project Personal Finance Period:_____ 5/11/2018

Based on wages/salary Second Job: Earnings My Income- $ Job Title: Based on wages/salary Second Job: Earnings 5/11/2018

Salary Job Title Gross Salary Divide by 12= Gross Monthly Salary:_____________ Income tax - Social security 6.2% - Medicare 1.45% - Insurance $100 Retirement 3-5% (Optional) Net Monthly income: _________ 5/11/2018

Expenses: House: 24% Utilities: 8% Food 14% Cell Phone: <1% Clothing: 4% Medical/Healthcare: 6% Donations/Gifts: 4% Savings: 9% Entertainment/Recreation: 5% Transportation: 14% Personal/Debt payments: 0-10% Expenses: 5/11/2018

Apartment (include picture) Name of complex Location Rent Bedrooms/bathrooms Amenities: Percent of budget Reason chosen 5/11/2018

Transportation Insert Photo of used car 5/11/2018

Transportation Car New/Used Year: Public Transportation: Make: Model: Monthly budget Amount: Car New/Used Year: Make: Model: Cost: Payments: Public Transportation: Type: Daily Cost: Actual Monthly Cost: OR Percent of budget: 5/11/2018

My cell phone/smart Monthly Provider is: __________________ Cell Phone Bill My cell phone/smart Monthly Provider is: __________________ Total Cost:__________ Why I chose: 5/11/2018

Total Food for the Month: Weekly budget for the grocery store: Food________ Personal items: ________ Monthly total:________ Weekly restaurant: Total Monthly restaurant: Total Food for the Month: Lunch Dinner Fast Food Sit down 5/11/2018

Entertainment Clothing Entertainment possibilities and costs: 1. 2. 3. Total budget amount: Clothing/shoes -places I like to shop 5/11/2018

Utilities- Electric bill is:_______________ Water bill: Internet/Cable: 5/11/2018

Gas Estimation and Maintenance Approximate miles travel a week by car ______ Approximate miles travel per month Your car gets ___ Miles per gallon Number of gallons needed per month: ________ Cost of gasoline__________ Monthly gas budget______________ Oil change for my car is _________ (please keep in mind that there are a million things that can go wrong on a car. Include in your emergency fund) 5/11/2018

Transportation My Auto insurance as a new driver will be approximately ______________ per year. My monthly auto insurance budget will be : _______________________________ 5/11/2018

Savings and Emergency fund Percent Dollar amount Could be used for Retirement Retirement! Savings Emergency Fund 5/11/2018

Health & Personal Care Doctor Visits? $20 copay with insurance Prescriptions: $10-20 Dental visits are free for cleanings with insurance, but additional work is costly. Hair cuts: ________ Mani/Pedis:_________ Gym Memberships:________ Total budget:________ 5/11/2018

Gifts/Donations Birthdays:____________ Weddings: ___________ Personal Relationships:___________ Gifts or donations to Church, Food Bank ____________________ 5/11/2018

Actual Budget Create a budget table that lists all expenses/savings and dollar amounts. Make sure to have a total for all of your expenses in the last row. 5/11/2018

My Monthly Summary My monthly net income is: __________________ My monthly expenses including my savings a month is: ___________________________________ So monthly I am Saving {In the Black} (How Much money do you have left over?) ___________________________ So monthly, I am in the negative (RED) how much a month: __________________________________ 5/11/2018

Write-up Write a minimum of 100 words describing the educational/life value of this project. Include what you learned (good and bad), any surprises, and what you might change or want included. 5/11/2018