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Monthly Budget Project on $150,000. By: Emily & Bailey. Government Programs. Due to the salary amount per year that we make we do not qualify for any government programs. Cars. 2014 Sierra 3500 Denali HD 2013 Suzuki Grand Vitara . Car Payment and Insurance.
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Monthly Budget Project on $150,000 By: Emily & Bailey
Government Programs • Due to the salary amount per year that we make we do not qualify for any government programs.
Cars • 2014 Sierra 3500 Denali HD • 2013 Suzuki Grand Vitara
Car Payment and Insurance • $20,000(2013 Suzuki Grand Vitara) + $50,000(2014 Sierra 3500 Denali HD) = $70,000 • $70,000 / 60(payments) = $1,167 • $1,167 + $200(car insurance) = $1,367
Car Gas • (Suzuki Grand Vitara) 415(average miles per month)/22(mpg)=18.86(gallons per month) x $3.40(price of gas) = $64.14(price of gas) • (Sierra 3500 Denali HD) 415(average miles per month)/30(mpg)=13.84(gallons per month) x $3.85(price of diesel) = $53.26(price of gas)
Health Insurance • Due to the types of jobs that we have, the health insurance is included with our job giving us Company Sponsered Health Insurance that we pay nothing for.
Child Care • Jessie W, 21 year old babysitter from Montoursville, PA with 5 years of experience and a background check available upon request • Montoursville, PA | 21 yrs old | 5 years experience | part-time $10-15/hr • $15(per hour) x 8(hours per day) = $120(per day) x 20(work days per month) = $2,400(per month)
Utilities • Gas, Electric, Heat - $300 • Water & Sewer - $100 • Trash_D&W Disposal - $30 • Cable & Internet_Comcast_Xfinity Triple Play - $80 • Cell Phone_Verizon_2 cell phones - $100
Student Loans • $114,000(total student loans)/ 240(payments for 20 years) = $475 (per month)
Kids College Fund • 2% of every paycheck • 2% of 9,375(monthly budget) = $187.50(money put away for one kid) x 2(kids) = $375(money put away for two kids per month)
Retirement • Save 8% of every paycheck • 8% of $9,375(monthly budget) = $750(money put away every month)
Vacation Prices • $549(ticket price per person) x 4(people) = $2,196(full price of trip) / 12(months) = $183(monthly payment)
Recreation • $100
Clothes & Food • Clothes- $100 • Food- $800
Pets • Small dog_Chihuahua - $20 • Large dog_German Shepherd - $40