Analyze my BUDGET!!!???!!!???

Credit and mortgage advice Forums Home Insurance Analyze my BUDGET!!!???!!!???

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 6 years, 3 months ago.



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    Anonymous

    OK, so I will be starting my first full time job in about 5 months, and I will be making $ 40,000 dollars per years. What do you think of this budget? What am I missing?

    Gross Monthly $ 3,333.34
    Fed Income Tax ($ 350.50)
    State Income Tax ($ 134.00)
    Social Security ($ 194.26)
    Medicare ($ 45.44)
    Health Insurance ($ 52.00)
    Dental Insurance ($ 25.00)
    Vision Insurance ($ 7.82)
    401(k) (6%) ($ 200.00)
    Net Monthly $ 2,324.32

    Expenses:

    Rent/Mortgage ($ 550.00)
    Utilities ($ 70.00)
    Cable/Internet ($ 65.00)
    Cell Phone ($ 50.00)
    Food ($ 250.00)
    Car Payment ($ 115.00)
    Gas ($ 100.00)
    Spending Money ($ 160.00)

    Remaining for Savings$ 964.32

    My biggest short term goal is to save for my own house. I currently have about 18,000 already saved up for that.



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