I'm curious, what do your budgets look like? Share if you care. Here is ours:
Net income $4,673.74 (this is after taxes and health/dental insurance and $500 to 401(k)
Mortgage $1,800 (includes $50 additional principle)
Savings $500
Tuition $400
Student loan $175
Insurance $229.63 (car/property/life)
Utilities $394
YMCA $67
Groceries/Household $500
Gas for cars $275
Extraneous (Major) $260
Extraneous (Minor) $100
Extraneous Major goes for things like minor car and home repairs, classes for kids, etc.
Extraneous Minor goes for things like clothing items, gifts, required school items, etc.
No car payments. Paid for 1973 Corvette valued at $28K, Paid for 2007 Dodge Grand Caravan, paying cash for next car $6,500.
Debt paid off monthly with exception of last $1,500 to Kohls which will be gone soon.
EF at $12K presently.
Retirement at $100K, kids education monies at around $20K.
What do your numbers look like?
March 11th, 2011 at 04:20 pm
March 11th, 2011 at 04:47 pm 1299862067
March 12th, 2011 at 12:47 am 1299890825
Ours is: (Net Income: $4500 approx)
Mortgage: $1920
Food/Groceries: $480
Petrol: $210
Savings: $400
Bills: $800
(Bills are: car insurance, life insurance, house & contents insurance, car rego, car assist, car repairs, electricity, gas, property rates, water, internet & mobile phones)
Misc: $100
Total: $3910
(the surplus goes to build up our buffer, cover shortages for other months or go to savings. We used to have $60-$80 a week for fun money but since DF hasn't been working, we have cut that until his work picks up. we get GC's from credit card rewards and family members for birthdays, so we use those for clothes and other things we 'want')
March 12th, 2011 at 01:10 am 1299892217
Income: $900/mo
Rent: 200
Storage: 89
Telephone/net: 80
Gas: 100
Food: 120
Tithe: 90
No other set bills - but in May I'll have car insurance of $230 or so
March 12th, 2011 at 01:13 am 1299892396
March 12th, 2011 at 04:01 am 1299902465
March 12th, 2011 at 05:00 am 1299906010