1. My Budget Project Personal Finance Period:_____
Your Name
My Budget Project
Personal Finance
Period:_____

2. Based on wages/salary Second Job: Earnings
My Income- $ Job Title:
Based on wages/salary
Second Job: Earnings

3. Salary Job Title Salary is your net (take home) pay (Yearly)
Divide by 12= Monthly Salary:_____________
Add Part-time Job: Title:_________________
Monthly PT Job Earnings:________________
Add the two monthly job earnings+ Monthly Income:_____________________
Multiply by 12 (months) =___________ Yearly
income

4. Other income
Use second salary slide only if needed for other incomes.

5. Expenses: www.zillow.com
Find a home for $150,000 or less.
Download Photo of Home
Calculate Monthly expense with taxes.
Need 20% Down or $30,000 put down on home
Mortgage Amount $120,000

6. Photo of Home
11/24/2018

7. Expenses: b.) Student Loans, c.) TV/Phone/Internet
B.) My Student loan is $25,000
My monthly student loan payment is
11/24/2018

8. Cell Phone Bill d.) Verizon, AT&T
My cell phone/smart Monthly Expense is:
__________________

9. e.) 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

10. f.) 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.

11. Utilities- PSE & G 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: __________________

12. h.) 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.
_______________________________________

13. Transportation Insert Photo of used car

14. 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: _______________________________

15. 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.

16. Health & Personal Care Budget Monthly Health Care expenses
Doctor Visits? Costs: ___________________
Dental Visits/Costs:___________________
Gym Membership Costs:_________________

17. Insert Photo, Video, Clip Art Gym, Workout

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

19. 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: __________________________________

20. Write-up State what you learned doing this project.