1. Budget – Reality Check

2. Groceries Monthly payment choices: $125 a month $150 a month
Amount to be set aside each month
Monthly payment choices:
$125 a month
$150 a month
$200 a month

3. Housing Amount to be set aside each month Option 1-
Loan amount $100,000: Monthly payment: $430
Option 2-
Loan amount $130,000: Monthly payment: $555
Option 3-
Loan amount $160,000: Monthly payment: $685

4. Apartment 2 bedroom, 1 bathroom apartment
Amount to be set aside each month
2 bedroom, 1 bathroom apartment
$449 a month
1 master bedroom apartment plus 1 bathroom
$499 a month
2 bedroom, 2 bathroom apartment
$600 a month

5. Utilities Option 1 – Loan amount $100,000 Electricity: $85
Water/Sewer: $15
Natural Gas/Heat: $30
Option 2 – Loan amount $130,000
Electricity: $150
Water/Sewer: $25
Natural Gas/Heat: $80
Option 3 – Loan amount $160,000
Electricity: $210
Water/Sewer: $50
Natural Gas/Heat: $110

6. Utilities Amount to be set aside each month Apartment Electricity: $30
Water/Sewer: $10
Natural Gas/Heat

7. House Insurance Amount to be set aside each month Renters Insurance:
$15 a month
Homeowners Insurance:
House worth $100,000 - $60 a month
House worth $130,000- $65 a month
House worth $ 160,000- $70 a month

8. Transportation Amount to be set aside each month Walk or Bike – FREE
Bus – $30.00 a month
Car 2007 – Price: $8,000 - Monthly Payment: $124
Insurance: $66 for girls, and $241 for boys.
Fuel: $150 (25 miles per gallon)
Maintenance: $20
Truck 2006 – Price: $15,000 - Monthly Payment: $232
Insurance: $87 for girls, and $237 for boys.
Fuel: $250 (15 miles per gallon)
Maintenance: $40
Sports Car 2013 – Price: $30,000 - Monthly Payment: $464
Insurance: $125 for girls, and $334 for boys.
Fuel: $180 (21 miles per gallon)
Maintenance: $80

9. Furniture Amount to be set aside each month New Used
Sofa, loveseat and chair
Total $767.00
$64 a month
Dining table & 4 chairs
Total $200.00
$26 a month
Bed, mattress and dresser
Total $834.00
$70 a month
Sofa, loveseat and chair
Total 24 payments
$20 a month
Dining table & 4 chairs
$8 a month
Bed, mattress and dresser
Total 24 payment
$30 a month

10. Clothing Amount to be set aside each month New Used
New clothes allowance
$50 a month
Used clothing allowance
$15 a month

11. School Loan Only Required if Degree was Received
Amount to be paid each month
$120

12. Health Insurance Amount to be set aside each month
Heath insurance for a healthy, non smoking person
Male
Deductable $1,500
Monthly $211
Female
Deducible $1,500
Monthly $345

13. Technology Amount to be set aside each month 1 smart phone 2 phones
Internet
Basic Cable
Cell Phone
1 smart phone
$60 a month
2 phones
$120 a month
$60 a month for first year, then $80 a month
$50 a month

14. Dining Out Little Caesar's Golden Phoenix Minervas
Amount to be set aside each month
Little Caesar's
# per month x $5
Golden Phoenix
# per month x $12
Minervas
# per month x $25

15. Recreation YMCA membership: $37 a month
Amount to be set aside each month
YMCA membership: $37 a month
Winter ski package: $86 a month
Winter ice skating pass: $4 a day
Golf package: $45 a month
Racquetball: $12 a month

16. Holidays and Gift Giving
Amount to be set aside each month
Birthdays, anniversaries, Mothers day, Easter , Christmas, Fathers day, weddings, showers, baby, new home, office gifts, etc…
$10.00 a month
$20.00 a month
$40.00 a month

17. Entertainment Rush game- $14 a game Concert Ticket: $60 a ticket
Amount to be set aside each month
Rush game- $14 a game
Concert Ticket: $60 a ticket
Netflix:
$8 a month (streaming only)
$12 a month (2 DVDs and streaming)
Movie Night
$7 day movie
$10 night movie