Monthly Budget Project on $150,000 By: Emily & Bailey.
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Transcript of Monthly Budget Project on $150,000 By: Emily & Bailey.
![Page 1: Monthly Budget Project on $150,000 By: Emily & Bailey.](https://reader036.fdocuments.in/reader036/viewer/2022070406/56649e045503460f94af06fd/html5/thumbnails/1.jpg)
Monthly Budget Project on $150,000
By: Emily & Bailey
![Page 2: Monthly Budget Project on $150,000 By: Emily & Bailey.](https://reader036.fdocuments.in/reader036/viewer/2022070406/56649e045503460f94af06fd/html5/thumbnails/2.jpg)
Government Programs
• Due to the salary amount per year that we make we do not qualify for any government programs.
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Cars
• 2014 Sierra 3500 Denali HD• 2013 Suzuki Grand Vitara •
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Car Payment and Insurance
• $20,000(2013 Suzuki Grand Vitara) + $50,000(2014 Sierra 3500 Denali HD) = $70,000
• $70,000 / 60(payments) = $1,167• $1,167 + $200(car insurance) = $1,367
![Page 5: Monthly Budget Project on $150,000 By: Emily & Bailey.](https://reader036.fdocuments.in/reader036/viewer/2022070406/56649e045503460f94af06fd/html5/thumbnails/5.jpg)
Car Gas
• (Suzuki Grand Vitara) 415(average miles per month)/22(mpg)=18.86(gallons per month) x $3.40(price of gas) = $64.14(price of gas)
• (Sierra 3500 Denali HD) 415(average miles per month)/30(mpg)=13.84(gallons per month) x $3.85(price of diesel) = $53.26(price of gas)
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Health Insurance
• Due to the types of jobs that we have, the health insurance is included with our job giving us Company Sponsered Health Insurance that we pay nothing for.
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Child Care
• Jessie W, 21 year old babysitter from Montoursville, PA with 5 years of experience and a background check available upon request
• Montoursville, PA | 21 yrs old | 5 years experience | part-time $10-15/hr
• $15(per hour) x 8(hours per day) = $120(per day) x 20(work days per month) = $2,400(per month)
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House
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Utilities
• Gas, Electric, Heat - $300• Water & Sewer - $100• Trash_D&W Disposal - $30• Cable & Internet_Comcast_Xfinity Triple
Play - $80• Cell Phone_Verizon_2 cell phones - $100
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Student Loans
• $114,000(total student loans)/ 240(payments for 20 years) = $475 (per month)
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Kids College Fund
• 2% of every paycheck• 2% of 9,375(monthly budget) =
$187.50(money put away for one kid) x 2(kids) = $375(money put away for two kids per month)
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Retirement
• Save 8% of every paycheck• 8% of $9,375(monthly budget) =
$750(money put away every month)
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Vacation
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Vacation Prices
• $549(ticket price per person) x 4(people) = $2,196(full price of trip) / 12(months) = $183(monthly payment)
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Recreation
• $100
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Clothes & Food
• Clothes- $100• Food- $800
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Pets
• Small dog_Chihuahua - $20• Large dog_German Shepherd - $40