Kyle Mohr and Rebekah Smoldt

Month Two Budget

Place to live: $815.00
a) Phone $99.99
b) Electric/Gas Included
c) Water Included
d) Garbage Included
Total Utilities Cost: $99.99
a) Groceries $900.00
b) Dining out $150
Total Food Costs: $1050
Day Care
$75.00
Total Entertainment Costs:
$100.00

Total Insurance Costs

$96.58

a) Car

$80.00
b) Home/renters $16.58
Cable/Satellite/Internet:
$57.49

Health
a) Insurance

N/A
b) Health Club Membership N/A
c) Medicine
N/A
Clothing:
$100.00
Transportation:
$150.00
a) Fuel

$150.00

Other:
$800.00
 a) Furniture:

$200.00
b) Vacation:
$100.00
c) Savings:

$500.00

Income: $3,430.61
Total Budget: $3,344.06
Income-less budget: $86.55

Journal Entry:
Most of our expenses stayed the same. Rent went down since we have been in the apartment for
a month. We allocated $75.00 for babysitting if we want to go out or there is an issue where we
cannot take the kids. At $12.00, that will give us about six hours of babysitting. Since the budget
allowed, we increased the clothing budget to $100.00. We bought two nice but used living room
chairs for $100 and a pair of matching bed stands for $75 over craigslist.