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  • Sample Budget 1 7

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    This document provides income and expense details for an individual earning $60,000 annually. It shows that after taxes the annual net income is $40,946 or $3,412 monthly. Monthly expenses total $1,916.98 including $705 for mortgage, $192.77 for car payment, $102.32 for utilities, and $150.20 for groceries. An additional $850 is contributed monthly to retirement and $1,000 to savings.

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    sample budget 1 7

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    This document provides income and expense details for an individual earning $60,000 annually. It shows that after taxes the annual net income is $40,946 or $3,412 monthly. Monthly expenses total $1,916.98 including $705 for mortgage, $192.77 for car payment, $102.32 for utilities, and $150.20 for groceries. An additional $850 is contributed monthly to retirement and $1,000 to savings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    25 views1 page

    Sample Budget 1 7

    Uploaded by

    api-328648056
    This document provides income and expense details for an individual earning $60,000 annually. It shows that after taxes the annual net income is $40,946 or $3,412 monthly. Monthly expenses total $1,916.98 including $705 for mortgage, $192.77 for car payment, $102.32 for utilities, and $150.20 for groceries. An additional $850 is contributed monthly to retirement and $1,000 to savings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Income and Taxes

    Annual Gross
    Monthly Gross
    Annual Federal Income Tax
    Annual FICA Tax
    Annual State Income Tax
    Annual net income
    Monthly net income

    60000
    5000
    11737
    4590
    2727
    40946
    3412

    MONTHLY EXPENSES
    House
    Mortgage
    Home Insurance
    Property tax
    Property and house maintanence

    705 monthly
    116 monthly
    162.5 monthly
    45 monthly

    Car
    Car Payment
    Car Maintanence
    Transportation
    Car Insurance

    192.77 monthly
    68.87 monthly
    8.49 monthly (go prius!)
    111 monthly

    Utilities
    Gas and Electricity
    Water
    Garbage
    Cable
    Phone

    102.32 monthly
    44.57 monthly
    22.72 monthly
    7.99 (netflix)
    24.55 monthly (family mobile)

    Miscellaneous
    Health Insurance
    Life Insurance

    116.67 monthly
    4.75 monthly

    Food
    Groceries
    Eating Out
    Lunches

    150.2 monthly
    50 monthly
    50 monthly

    Clothing
    Purchase
    Dry Cleaning
    Entertainment

    25 monthly (good will)


    n/a doing my own laudnry
    30 monthly

    Monthly Total Expenses

    1916.98

    Retirement

    850 monthly

    Savings

    1000 monthly

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