Personal Budget - Year 2 After High School

Monthly Income
Income Type
Amount
Parental Support
$1,250
Work-Study
Vector Marketing
Summer Internship
Available Cash

Monthly Expenses
Expense
Costs
Tutition
$2,000
Cell Phone
Bill
$40
Groceries
$50
Shopping
$10

$425
$2,040
$256
$3,971

Savings/Debt
$22,500
$20,000

Column B
Column C

$17,500

Column D
Column E

$15,000

Column F

Total
Monthly
Expenses

$12,500

Column G
Column H

$10,000

$2,100

Planned Expenses
Expenditure
Month
Amount
Home for the holidays
June
$100
Home for the holidays
August
$100
Gifts for family
December
$40

Column I
Column J

$7,500

Column K
Column L

$5,000

Column M
$2,500
$0

Total Planned Expenses

Income and Expenses January
Previous month’s balance
0
Available cash
$3,971
Additional income
$0
Monthly expenses
$2,100
Planned expenses
$0
Savings

Row 34

$240

$1,871

February
$1,871
$3,971
$0
$2,100
$0

March
$3,742
$3,971
$0
$2,100
$0

April
$5,613
$3,971
$0
$2,100
$0

May
$7,484
$3,971
$0
$2,100
$0

June
$9,355
$3,971
$0
$2,100
$100

July
$11,126
$3,971
$0
$2,100
$0

$3,742

$5,613

$7,484

$9,355

$11,126

$12,997

August
September
$12,997
$14,768
$3,971
$3,971
$0
$0
$2,100
$2,100
$100
$0
$14,768

$16,639

October
$16,639
$3,971
$0
$2,100
$0

November
$18,510
$3,971
$0
$2,100
$0

December
$20,381
$3,971
$0
$2,100
$40

$18,510

$20,381

$22,212

Personal Budget - Year 4 After High School
Monthly Income
Income Type
Amount
Parental Support
$1,250
Work Study
Vector Marketing
Summer Internship

$425
$2,040
$256

Available Cash

$3,971

Monthly Expenses
Expense
Costs
Tutition
$2,000
Cell Phone
Bill
$40
Groceries
$50

Savings/Debt
$22,500
$20,000

Column B
Column C

$17,500

Total
Monthly
Expenses

$2,090

Column D

$15,000

Column E

$12,500

Column F
Column G
Column H

$10,000

Planned Expenses
Expenditure
Month
Amount
Home for the holidays
June
$100
Home for the holidays
August
$100
Gifts for family
December
$40

Column I

$7,500

Column J
Column K

$5,000

Column L
Column M

$2,500
$0

Total Planned Expenses

Income and Expenses January
Previous month’s balance
0
Available cash
$3,971
Additional income
$0
Monthly expenses
$2,090
Planned expenses
$0
Savings

Row 34

$240

$1,881

February
$1,881
$3,971
$0
$2,090
$0

March
$3,762
$3,971
$0
$2,090
$0

April
$5,643
$3,971
$0
$2,090
$0

May
$7,524
$3,971
$0
$2,090
$0

June
$9,405
$3,971
$0
$2,090
$100

July
$11,186
$3,971
$0
$2,090
$0

$3,762

$5,643

$7,524

$9,405

$11,186

$13,067

August
September
$13,067
$14,848
$3,971
$3,971
$0
$0
$2,090
$2,090
$100
$0
$14,848

$16,729

October
$16,729
$3,971
$0
$2,090
$0

November
$18,610
$3,971
$0
$2,090
$0

December
$20,491
$3,971
$0
$2,090
$40

$18,610

$20,491

$22,332

Personal Budget - Year 6 After High School
Monthly Income
Income Type
Amount
Parental Support
$167
Summer Internship
TA

$256
$1,583

Psychologist
Summer Internship
Available Cash

$4,560
$256
$6,822

Monthly Expenses
Expense
Costs
Tutition
$1,583
Cell Phone
Bill
$40
Groceries
$50
MTS Bus
Fare
$64
Shopping
$15

Savings/Debt
$65,000
$60,000
Column B
Column C

$55,000
$50,000

Column D

$45,000

Total
Monthly
Expenses

$1,752

Column E

$40,000

Column F

$35,000

Column G

$30,000

Column H
Column I

$25,000

Planned Expenses
Expenditure
Month
Amount
Home for the holidays
June
$100
Home for the holidays
August
$100
Gifts for family
December
$100

Column J

$20,000

Column K

$15,000

Column L
Column M

$10,000
$5,000
$0

Total Planned Expenses

Income and Expenses January
Previous month’s balance
0
Available cash
$6,822
Additional income
$0
Monthly expenses
$1,752
Planned expenses
$0
Savings

Row 34

$300

$5,070

February
$5,070
$6,822
$0
$1,752
$0

March
$10,140
$6,822
$0
$1,752
$0

April
$15,210
$6,822
$0
$1,752
$0

May
$20,280
$6,822
$0
$1,752
$0

June
$25,350
$6,822
$0
$1,752
$100

July
$30,320
$6,822
$0
$1,752
$0

$10,140

$15,210

$20,280

$25,350

$30,320

$35,390

August
September
$35,390
$40,360
$6,822
$6,822
$0
$0
$1,752
$1,752
$100
$0
$40,360

$45,430

October
$45,430
$6,822
$0
$1,752
$0

November
$50,500
$6,822
$0
$1,752
$0

December
$55,570
$6,822
$0
$1,752
$100

$50,500

$55,570

$60,540

Personal Budget - Year 8 After High School
Monthly Income
Income Type
Amount
Psychologist
$6,667
TA for Research
$2,750

Available Cash

Monthly Expenses
Expense
Costs
Rent
$1,125
Gas
$100
Groceries
$100
Cell Phone
Bill
$40
PG&E
$150
Pet
$42

$9,417

Total
Monthly
Expenses

Savings/Debt
$100,000
$90,000

Column B
Column C
Column D

$80,000
$70,000

$1,557

Planned Expenses
Expenditure
Month
Amount
Home for the holidays
July
$200
Gifts for family
December
$310

Column E

$60,000

Column F
Column G

$50,000

Column H

$40,000

Column I

$30,000

Column K

$20,000

Column L
Column M

Column J

$10,000
$0

Total Planned Expenses

Income and Expenses January
Previous month’s balance
0
Available cash
$9,417
Additional income
$0
Monthly expenses
$1,557
Planned expenses
$0
Savings

Row 34

$510

$7,860

February
$7,860
$9,417
$0
$1,557
$0

March
$15,720
$9,417
$0
$1,557
$0

April
$23,580
$9,417
$0
$1,557
$0

May
$31,440
$9,417
$0
$1,557
$0

June
$39,300
$9,417
$0
$1,557
$0

July
$47,160
$9,417
$0
$1,557
$200

$15,720

$23,580

$31,440

$39,300

$47,160

$54,820

August
September
$54,820
$62,680
$9,417
$9,417
$0
$0
$1,557
$1,557
$0
$0
$62,680

$70,540

October
$70,540
$9,417
$0
$1,557
$0

November
$78,400
$9,417
$0
$1,557
$0

December
$86,260
$9,417
$0
$1,557
$310

$78,400

$86,260

$93,810

Personal Budget - Year 10 After High School
Monthly Income
Income Type
Amount
Psychologist
$6,667
TA for Research

$2,750

Available Cash

$9,417

Monthly Expenses
Expense
Costs
Rent
$1,125
Cell Phone
Bill
$40
Groceries
$150
Pet
$20
Gas
$100
PG&E
$150

Total
Monthly
Expenses

Savings/Debt
$100,000
$90,000

Column B
Column C
Column D

$80,000
$70,000

$1,585

Planned Expenses
Expenditure
Month
Amount
Home for the holidays
July
$200
Gifts for family
December
$310

Column E

$60,000

Column F
Column G

$50,000

Column H

$40,000

Column I

$30,000

Column K

$20,000

Column L
Column M

Column J

$10,000
$0

Total Planned Expenses

Income and Expenses January
Previous month’s balance
0
Available cash
$9,417
Additional income
$0
Monthly expenses
$1,585
Planned expenses
$0
Savings

Row 34

$510

$7,832

February
$7,832
$9,417
$0
$1,585
$0

March
$15,664
$9,417
$0
$1,585
$0

April
$23,496
$9,417
$0
$1,585
$0

May
$31,328
$9,417
$0
$1,585
$0

June
$39,160
$9,417
$0
$1,585
$0

July
$46,992
$9,417
$0
$1,585
$200

$15,664

$23,496

$31,328

$39,160

$46,992

$54,624

August
September
$54,624
$62,456
$9,417
$9,417
$0
$0
$1,585
$1,585
$0
$0
$62,456

$70,288

October
$70,288
$9,417
$0
$1,585
$0

November
$78,120
$9,417
$0
$1,585
$0

December
$85,952
$9,417
$0
$1,585
$310

$78,120

$85,952

$93,474

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