Budgeting Project
By:Mckenzie Whitton
Education
I'm going to Baylor University for a masters degree. It will cost me $148,183.02.
Employment
After I get out of collage I will be a Physical Therapist. I will get paid $81,030 a year. My Gross Monthly Income will be 6,752.5 and my Net Monthly Income will be $5,064.38
Transportation
For transportation my percentage on savings would be 12%. I will drive a Ford, Mustange, 2015 the cost of my car is $23,800. My monthly payment is about $400 a month. Gas would cost me about $160 a month. So my total cost would be $656 for total transportation
Home
My house is in Fort Worth and its $150,00 my monthly payments for my house would be $416. I will have TXU Electricity and its 9ยข per kilowatt,so my estimate monthly cost would be $133. My water company name is Fort Worth and it would be $75 a month. I have AT&T Internet and my monthly cost would be $45. My insurance is All State. The total spent per month on housing is $784.
Living Expenses
For my groceries I will spend $100.98 a month. I will have an IPhone with AT&T unlimited plan, it will cost me $375 a month. Clothing average cost is $250 a month. My entertainment is movies which cost $7.50 and concerts cost $900 and out to eat, shopping, vacations. The total spent per month is 4,932.5
Family Expenses
I will be married, and I will have 2 kids. The cost of daycare will be $972 a month. My health insurance company name is Blue Cross and the cost of that is $197 a month. My total cost spent per month on family is $1,169