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Published byKelley Higgins Modified over 8 years ago
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My Budget Project Example
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MY LIFE I am currently a Dental Hygienist I went to Phoenix College for their dental hygienist program and graduated – Student Loan Amount $7500 – Student Loan Payment $63 I am a single women living In Scottsdale, AZ
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Pay Scale I make $46,064 annually before tax I pay $13,819 in tax After taxes I make $32,245 I make $2,687 a month
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My Car Chrysler 300 2013 Sedan Monthly Payments Total Cost$15,975 Monthly Payment$294 Insurance$120 Monthly Gas$100 I bought my car on Earnhardtsgiblertdodge.com My car has a V-8 engine My insurance is covered by Allstate My payment every month is going to be $294 for 60 months
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My Apartment Located on N. Frank Lloyd Wright Blvd. Scottsdale, AZ 2 bedrooms, 2 bath 1174 square feet Monthly Rent$960.00 Renters Insurance$50 UtilitiesIncluded
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Monthly Savings Emergency Fund$250 Vacation$100 Big Screen TV$50
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Monthly Budget Monthly Income$2687.00 Rent$960.00 Car Payment$294.00 UtilitiesIncluded Food$250.00 Savings$400.00 Entertainment$75.00 Insurances$235.00 All other expenses$443.00 Money Spent$2657.00 Money Left Over$30.00
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What I learned I also learned that you have to save up a lot of money before you can live on your own so maybe having a roommate might be better. I learned how a paycheck works I learned that I pay way too much in taxes I learned that having an emergency fund will make it a lot easier to stick to a budget.
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