Budgeting Project

By:Tucker Perry

Education

I attend College at UNT, I am getting a doctorate degree, the total cost of the education is $176240

Employment

My position is an Orthopedic Surgeon. I work at Orthopedic Institute For Children. Located in Los Angles, California. You have to have a doctorate degree and a M.D.

Income

Yearly Income: $315,00

Gross Monthly Income: $26,250

Income Taxes: $103,950

Net Monthly Income: $17,587

Budget

Savings: 5%=$433.13

Housing Total:56%=$4851.28

Transportation:15%=$2638.13

Living:10%=$866.26

Food:5%=433.13

Clothing:5%=$433.13

Entertainment:5%=433.13

Family:6%=$519.75

Medical/Health:6%=519.75

Transportation

2015 GMC Sierra 2500 Denali. Total cost of car is $67,51. Monthly payment is $938. Car Insurance is Allstate. Monthly cost Is 125.00. Total cost of diesel per month is $500.00. Total cost of Transportation is $1938.00

Home

Purchase price is $889.000

Mortgage:$3,317

Electric Company: Reliant

Price per kw hour: 10.7¢

Average Electric Cost Per Month:$400.00

Internet & Cable: At&T U-Verse

Monthly Cost: $200.00

Home Insurance: Allstate

Coverage: Theft,Fire,Flood,Natural Disaster

Monthly Cost:$110.00

Total Housing Cost:$4467.00

Living

Total Spent On Living:$866.26

Groceries: Chicken,Gatorade,Ribeye=$104.72

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Entertainment

Racing:$150.00

Movies:$50.00