1. My Budget Project Personal Finance Period: 6 (Math Models) Your Name 6/10/2016 1

2. My Future Job will be: Job Title: 6/10/2016 2

3. My Future Job: Requirements: Education? Certification? How many years? Job Experience? 6/10/2016 3

4. My Job’s Salary Job Title Yearly Salary is ________________________ Divide by 12= Monthly Income:__________________ Divide by 2 = Bi-Weekly Income:_________________ Divide by 2 = Weekly Income: ___________________ 6/10/2016 4

5. My Job’s Salary Hourly Rate: Weekly Income divide by total hours worked for the week Typically 40 hrs (base) no overtime: ___________________ Does your job include overtime? If yes…state the rate: _______________________ 6/10/2016 5

6. Real life earnings- paying Uncle Sam Calculate the weekly or bi-weekly net pay Meaning your “take home” money After Federal Income tax After Medicare After Social Security Use the following website: http://www.paycheckcity.com/calculator/salary/ 6/10/2016 6

7. My Job’s Salary Job Title Yearly Salary is ________________________ After taxes: Monthly Income:_________________ Bi-Weekly Income:_________________ Weekly Income: ___________________ 6/10/2016 7

8. Monthly Budget Report Sheet 6/10/2016 8

9. Find a home (reasonable/ afforadable/ in your price range) or apartment Download Photo of Home or apartment Calculate Monthly expense with taxes. Use the following http://money.cnn.com/calculator/real_estate/ho me-afford/index.html Expenses: www.zillow.com www.zillow.com 6/10/2016 9

10. Photo of Home 6/10/2016 10

11. Expenses: My Car is ________________ Total Cost: ________________ My monthly payment is 6/10/2016 11

12. Transportation Insert Photo of used car 6/10/2016 12

13. My cell phone is: Monthly Expense is: __________________ Cell Phone Bill d.) Verizon, AT&T 6/10/2016 13

14. Utilities- Home or Apartment My monthly electric bill is:_______________ Kwh used per month is:_________________ My monthly gas bill is: __________________ 6/10/2016 14

15. Groceries I do the majority of my food shopping at Select from: Acme Markets, Wal-Mart, ShopRite, Bottom Dollar I get my prescriptions from: any listed above or CVS, RITE AID, WALGREENS 6/10/2016 15

16. Vehicle/Transportation Include an estimate for gasoline, car insurance, car maintenance. A.) Approximate miles travel a week by car ______ Multiply 4 times ________miles= _______ miles per month. Your car gets 26 Miles per gallon:______________ Number of gallons of gas per month X (times) $3.43 cost of gasoline per gallon. _______________________________________ 6/10/2016 16

17. Transportation My Auto insurance as a new driver will be approximately ________________________per year. My monthly auto insurance budget will be : Total Yearly auto insurance divided by 12: _______________________________ 6/10/2016 17

18. Entertainment (Movies, Concerts, DVD) g.) Clothing How many and how much do you spend on entertainment and Clothing My monthly expense for going to the movies, concerts DVD’S or games is: ____________________ I do my clothing at (Name of Store(s)) and I spend about $_____________________________ a month. 6/10/2016 18

19. SAVINGS Select Bank you will use. Google local banks and select YOUR bank. Set up direct deposit with your employer and your bank. Pay yourself first- Put in savings account and don’t SPEND. Checking account (Debit) is your account you pay bills. 6/10/2016 19

20. Health & Personal Care Budget Monthly Health Care expenses Doctor Visits? Costs: ___________________ Dental Visits/Costs:___________________ Gym Membership Costs:_________________ 6/10/2016 20

21. Insert Photo, Video, Clip Art Gym, Workout 6/10/2016 21

22. Gifts/Donations Budget monies per month for: FAMILY EVENTS Birthdays:____________ Weddings: ___________ Personal Relationships:___________ Gifts or donations to Church, Food Bank ____________________ 6/10/2016 22

23. 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: __________________________________ 6/10/2016 23

24. Write-up State what you learned doing this project. 6/10/2016 24