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Personal Finance project

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Presentation on theme: "Personal Finance project"— Presentation transcript:

1 Personal Finance project
Mr. Buford

2 CEO Salary is 1,000,000 a year $83,333.33 per month
Married with 3 kids wife stays at home.

3 Taxes Taxes equal $ x .3 = $25,000 Monthly salary after taxes $58,333

4 Housing

5 Housing cont. Mortgage payment $14,393

6 TV, Phone and Internet AT&T phone, DirecTV, and AT&T internet $200
Cell Phone $200 Total Monthly Balance - $57,933

7 Grocery We will eat good $2000 Total Monthly Balance $55,933

8 Utilities Electric $2250 Water $50 Trash $ 45
Total Monthly Balance $53,588

9 Car Insurance Geico $1000 Total Monthly Balance $54,933

10 Total House Payment Mortgage $14,393 Property Taxes 2158.95
Insurance Total $17,271.60 Total Monthly Balance $37,316.40

11 Transportation Cost Buy a 2016 BMW 528i $855.95 Buy a BMW x5 $1200

12 Transportation Cost Gasoline Cost $400.00
Total Monthly Balance $34,916.40

13 Savings/ Emergency Fund
$10,000 Total Monthly Balance $24,916.40

14 Charity $8400 Total Monthly Balance $16,516.40

15 Health/ Personal care $2000
Health Care, Hair cuts, Gym Membership, Country Club Membership, Massages, etc. Total Monthly Balance $

16 Clothing $2,000 Total Monthly Balance $12,516.40

17 Entertainment $5000 Total Monthly Balance $7,516.40

18 Spending Total Monthly Balance $2,516.40

19 Summary I am fortunate to have a great job and even after all expenses I have $2000 left to add to savings.


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