BUDGETING

MY JOB IS AN EDITOR

MY SALARY

• For A Year: $53,880
• For A Month: $4,490
• For An Hour: $25.90

INCOME TAX RATE

INCOME TAX

• Yearly: $3,367.50
• Monthly: $280.63

NET PAY

• Yearly: $50,512.50
• Monthly: $4,209.37

COLLEGE

• Tarleton State University
• Four, or Five Years
• Loans: $63,868
• Interest Rate For 10 yrs: 5%
• Monthly Loan: $677.42

LIVING EXPENSES AFTER COLLEGE

• Apartment
• Bedrooms: 2
• Bathrooms: 3
• Rent: $850
• Yearly Renter Insurance: $180
• Monthly Renter Insurance: $15
• Total Monthly Cost: $865

CAR

• 2012 Chevrolet Camaro 1LS
• Cost: $18,799
• Interest Rate For 5 yrs: 3.77%
• Monthly Insurance: $50
• Monthly Gas Cost: $64.17
• Monthly Payment: $680
• Alternative Transport: Bus $20

OTHER eXPENSES (pER mONTH)

• Utilities: $60
• Cell Phone: $12
• Entertainment: $50
• Emergency Fund: $150
• Clothing: $60
• Food: $200

MONTHLY EXPENSES AND THINGS

• Earnings: $4,490
• Expenses: $3,025.05
• Savings: $1,464.95

ASSETS & LIABILITIES

• Assets: $18,849
• Liabilities: $82,667
• Net Worth: -$63,818

MONTHLY COSTS

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