Budgeting Project Trey Wilson.

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Presentation transcript:

Budgeting Project Trey Wilson

Starting Salary With my job as a surveyor I am taking home $2,683

Taxes Federal – 18% State – 7% FICA – 6.2% Retirement – 6%

House And Car 15 Timberlane Dr, Etowah, NC 28729] House $152.11 month 2009 Mazda MAZDA3 i Sport - $152.11 month

Insurance And Loans medical insurance $328 car insurance $69.03 Student loans $150

Essentials utilities $125 gas $164 food $118 Food Per Month milk $24.00 Packaged Ham $20.00 Cheese $20.00 Apples $ 17.00 case of water $15.00 frozen pizza $12.00

Other Payments internet&tv $27.87 tithing $10.00 Phone $18.97

Take Home Starting $2,683 -- taxes $998 – medical insurance $328 –House $152.11 month – car $152.11 month – car insurance $69.03 – Student loans $150 – utilities $125 – gas $164 – food $118 – internet&tv $27.87 – phone free (technically) – tithing $10.00 = take home $122.02

My Surprise!!! My property taxes were due and I had to pay $600.00! I was $467.98 in the hole for July In November I got a raise from $2683 to $4683