1. Money Management By: Bryce Brown, Conner Smith, and Brelan Hunger

2. Description My name is Bryce Brown I am single parent the father of two children. I am a chemistry professor at the local junior college. On average my annual salary is 88,000 a year. My son Brelan is a freshman in JROTC at Brandon High school. My daughter Conner is a dance student at the school of liberal arts. Here’s our monthly budget.

3. Salary Salary 88,000 dollars a year Divided by 12 months Equals 7,300 dollars Subtract 660 dollars for state insurance Subtract 934.22 dollars for taxes Take home pay 5,739 dollars

4. Expenses

5. Continuing expenses

7. Mortgage Payment- $610.74

8. Credit Card- $76.10

9. Grocery Bill- $134.22

10. Telephone Bill- $20.21

11. Cellphone Bill- $ 116.48

12. Water Bill- $86.10

13. Life Insurance- $145.70

14. Gas- $50.00 x 3(times a month) = $150.00

15. Car Repair- $357. 32

16. Car Insurance- $340.90

17. Medical Bill- $363. 60

18. Conner’s Dance Pants- $21.40

19. Brelan’s Army Pants and Shirt- $19.29

20. Gas and Electricity Bill- $268.10

21. Cable Bill- $131.18

22. Budget Breakdown $5,739 - $573 (tithes and offerings) -$610.76 (mortgage) -$76.10 (credit card) -$134.22 (grocery bill) -$20.21 (telephone bill) -$116.48 (cellphone bill) -$86.10 (water bill) -$145.70 (life insurance) -$150.00 (gas) -$357. 32 (car repair) -$340.90 (car insurance) -$363.60 (medical bill) -$21.40 (Conner’s dance pants) -$19.29 (Brelan’s army pants and shirt) -$268.10 (Entergy bill) - $131.18 (cable bill) -$1000.00 (Savings) = 1,324.64 left