Budget 2015 Name:__________________________

Table of Contents 1.Title slide 2.Table of contents 3.Income slide 4.Housing 5.Supporting document 1 (housing) 6.Utilities slide 7.Supporting documents 2 (2a, 2b, 2c, etc - Utilities) 8.Automobile slide 9.Supporting documents 3 (automobile) 10.Gas and maintenance for auto slide 11.Automobile Insurance slide 12.Supporting documents 4 (auto insurance) 13.Renters Insurance slide 14.Supporting documents 5 (renters insurance) 15.Food slide 16.Grocery Sheet slide 17.Clothing slide- show math 18.Miscellaneous items slide– complete chart 19.Entertainment slide 20.Supporting documents 6 (entertainment) 21.Budget Review slide Your supporting document should be on the slide immediately following the original slide. For example, your car document should be on the slide following the car information.

Income page My profession: _________________________________________ My salary: $_________________/year Taxes: Based on your salary, find your Federal Income Tax rate: Federal Income tax Incomes from $9,075 – $36,900…………15% Incomes from $36,901 - $89,350………..25% FICA (Social Security)…………………………..6.2% State Income tax………………………………….6%

Federal Taxes: * = Yearly Income Tax Rate (see above) State Taxes *0.06= Yearly Income Tax Rate FICA *0.062= Yearly Income Tax Rate Total Taxes Per Year: (add the above) Yearly Take Home pay - = Yearly Income Total Taxes per year Yearly Income Monthly Take Home pay ÷12= Yearly IncomeMonthly Income

Housing I am renting a _______________________ (type of housing) Street _________________________ City______________ Number of bedrooms:_______________ Number of room mates:________________ Total Rent per month: $_____________ Rent per person per month: $___________ My share of housing cost per month: $________

Utilities Total expected cost per month Electricity ____________/month Natural gas ___________/month Water/sewer __________/month Cell phone ____________/month Cable/satellite _________/month Internet ______________/month My portion per month (if applicable) Electricity ____________/month Natural gas ___________/month Water/sewer __________/month Cell phone ____________/month Cable/satellite _________/month Internet ______________/month Total Utility cost per month $_____________

Automobile Make of vehicle: ________________________________ Model: _________________________________ Year of vehicle:_________________________________Total Miles: ____________________________ Length of financing: ______48-60 months Interest rate:_____7%________ Price of vehicle: $______________________(principle) To calculate your interest : Simple interest: Interest = (principle) X (interest rate) X (time in years) Monthly payment: Monthly payment= (principle + interest)/number of month Total monthly vehicle payment: $_______________

Gas for Auto Miles from home to work:____________ x2 (round trip)=________ Work miles per week +100 “getting around miles”: _______________X 4.3 = _____________ miles per month Miles per gallon of automobile:__________________ Average monthly per gallon of gasoline: $2.50 Total monthly cost of gasoline: $___________________________________ Total monthly cost of gasoline: $_____________

Automobile Insurance Coverage Limits for Auto $________bodily injury/ $____/occurrence $________ Property Damage coverage $________ Medical Payment coverage $________ uninsured motorist/ $____/occurrence $________ Uninsured motorist property damage coverage $________ uninsured motorist bodily injury deductible $________ collision deductible / $____ Comprehensive Total Car insurance per month $ _____________ Agent/Company _____________________________ Total car insurance per month: $________________

Renter’s Insurance $25,000 Personal Property $100,000 Personal Liability $1,000 Medical $500 Deductible Total Renters insurance per month $ ____________ Quote obtained from: _________________________________ Date: ____________ Total monthly cost for renter’s insurance: $_________

Food go to: Plan type: Estimated cost:______________________ Menu SundayMonday TuesdayWednesdayThursdayFridaySaturday Breakfast Lunch Dinner Snacks

Grocery Sheet ItemBrandSizecost Budgeted Amount:Total Spent:

Clothing Monthly take home x.05 = $______________________ Total Monthly clothing cost: $_______________________

Miscellaneous ItemQuantityPrice EachTotal Cost Haircare Nailcare Makeup/toiletries (girls, include montly necessities) Soap Toothpaste and toothbrush Deodorant Cleaning supplies Dish soap Laundry detergent Toilet paper 3 additional items you consider necessities Total Cost: __________

Entertainment Week 1Week 2Week 3 Week 4 Weekend Day 1 (activity & cost) Weekend Day 2 (activity & cost) Total Monthly entertainment costs: $________

Budget Review: List the totals of each category Expenses: Student loan: __________ Housing: __________ Utilities: _________ Automobile: _________ Gas and Maint.: _________ Auto insurance: _________ Renter’s Insurance: _______ Food: _________ Clothing: _________ Miscellaneous: _________ Entertainment: _________ Total Monthly take home pay:________ (Total Monthly Expenses:____________) ___________________________________ Budget surplus/deficit: __________