Craig Krupski's Yearly Budget

Accounting 102
Marback

Income
$54,000 annualy
$54,000/12 Months= $4,500 Monthly Income
$4,500 Monthly Income x 10% Retirement= $450
$4,500 Monthly Income x 30% Taxes Expense= $1,350
$4,500 Monthly Income - $450 Retirement - $1,350 Taxes=
$2,700 Monthly Net Income
Monthly Expenses
Rent: $800
Cable: $50
Gas/Electric: $100
Gas: $60
Food: $300
Phone: $75
Weekend Expenses: $325
Miscellaneous Expenses: $200

Planned Expenses
July: $500 Vacation
August: $300 Lollapalooza
December: $400 Christmas Gifts
Additional Income
December: $150 Birthday

Total: $1,910
Income and Expenses
January
February
March
April
May
June
July
Previous Cash Left Over
$0
$790
$1,580
$2,370
$3,160
$4,740
Monthly Net Income
$2,700
$2,700
$2,700
$2,700
$2,700
$2,700
$2,700
Additional Income
$0
$0
$0
$0
$0
$0
$0
Monthly Expenses
$1,910
$1,910
$1,910
$1,910
$1,910
$1,910
$1,910
Planned Expenses
$0
$0
$0
$0
$0
$0
$500
Savings
$790
$1,580
$2,370
$3,160
$3,950
$4,740
$5,030
Income and Expenses
August
September October
November December
Previous Cash Left Over
$5,030
$5,520
$6,310
$7,100
$7,890
Monthly Net Income
$2,700
$2,700
$2,700
$2,700
$2,700
Additional Income
$0
$0
$0
$0
$150
Monthly Expenses
$1,910
$1,910
$1,910
$1,910
$1,910
Planned Expenses
$300
$0
$0
$0
$400
Savings
$5,520
$6,310
$7,100
$7,890
$8,430 Total Savings: $8430