Budgeting Project
By: Alyssa Kruder
Schooling
University
I used The university of SMU Dedman School of Law
- Degree: Doctorate
- Tuition Cost Per Semester: $22,271
- Total Tuition: $445,420
- School Loan Terms: A= $445,420(1+.068)^5= $618,907.83
- Additional interest for a 2 year deferment: 445,420(1+.068)^7= $705,941.12
- School Loan after deferment: $705,941.12
Budget Outline
Budget
- Savings: $950.32
- Housing: 3,930.75
- Transportation: $1,010
- Living: $913.47
- Family: $258.98
- On me: $40
Transportation
- Car: 2015 Chevrolet Corvette Z06
- Total cost of car: $50,000
1.Monthly Payment: $500
- Insurance company: Alstate
1. Monthly cost: $310
- Total Spent: $1,010
Housing
- Address: 2237 Veranda Ave. Trophy Club, TX 76262
- Purchase Price: $800,000
- Mortgage: $3,219,83
- Electricity-
Company: Coserve
Price per Kilowatt hour: 12ยข
Price per month: $95
- Internet-
Bundle with cable: YES NO
Company name: Dish
Monthly cost: $50
- Insurance-
Company Name: Alstate
Coverage: Theft Fire Flood Natural Disaster
Monthly cost: $65.92
- Total spent on Housing: $3430.75
Living
- Average Grocery Cost: $489.62
- Phone-
Company: AT&T
Plan: Unlimited
Monthly Cost: $75
- Clothing: $32
- Entertainment-
Movies: $40
Ben & Jerry Ice cream shop: $11.60
Roller Skating: $30
Average monthly cost: $81.60
- Total Spent on Living: $767.82
Family
- Married: YES NO
- Children: YES NO
Amount: 1 boy
- Child care
Company name: Grandma and Grandpas house
Monthly cost: $0
- Health Insurance
Company Name: Through Work
Monthly cost: $200
- Total Cost for Family: $200
Grocery List
- Milk
- bread
- Eggs
- Butter
- Asperagus
- Cheese
- Lunch Meat
- Broccoli
- Celery
- Cucumbers
- Corn
- Romain lettuce
- Potatoes
- Bannanas
- Cane sugar
- Ben & Jerry ice cream
- Garlic
- Chicken
- Bread Crumbs
- Salmon
- Tuna
- Steak
- Pasta
- Ground Beef
- Parmesean Cheese
- Shrimp
- Honey
- Onions
- Orange Juice
- bacon
- tomatoes
- Chips
- Snack cakes
- Total: $357.99
Car
2015 Chevrolet Corvette Z06
My House
My Address: 2237 Veranda Ave. Trophy club, TX 76262
Bedrooms: 5
Bathrooms: 5 2/2
Square Feet: 4,860
Extras: Pool