Tessa Jones

My Budget Project
Personal Finance
Period: 7

1 03/03/17
 My Income- $60,000
Job Title: Registered Nurse
Monthly: $5,000 (before taxes)
Yearly: $60,000 (before taxes)

2 03/03/17
 Salary
Registered Nurse
Salary: $60,000 (gross)/ $45,000 (net)
Monthly salary: $5,000(gross)/ $3,750(net)

3 03/03/17
 Expenses:
2801 Chesterfield Ave APT 1, Charleston, WV 25304
For Rent: $850 a month

$850 a month for a year lease

Trash service included with
rent

4 03/03/17
 Photo of Home

2801
Chesterfield
Ave APT 1,
Charleston, WV
25304
$850 a month

5 03/03/17
 Expenses:
b.) Student Loans, c.) TV/Phone/Internet
B.) My Student loan is $16,800
My monthly student loan payment is $350

6 03/03/17
 Cell Phone Bill
d.) Verizon, AT&T
My cell phone/smart
Monthly Expense is:
$45 a month with
Verizon prepaid card.

7 03/03/17
 e.) Groceries
I do the majority of my food shopping at

Select from: Wal-Mart, Dollar

Tree, Kroger's, Save-a-lot
I get my prescriptions from:
Walmart

8 03/03/17
 f.) Entertainment (Movies, Concerts, DVD)
g.) Clothing
How many and how much do you
spend on entertainment and
Clothing
My monthly expense for going to
the movies, concerts DVDS or
games is: $30
I do my cloths shopping at Walmart,
JCPenny, K-Mart and I spend about
$60 a month.

9 03/03/17
 Utilities- AEP
Home or Apartment
My monthly electric bill is:
$245.37
Kwh used per month is:1500
My monthly gas bill is: $30
Amount of gas I use per
month: 128,00 btu

10 03/03/17
 h.) Vehicle/Transportation
Include an estimate for gasoline, car
insurance, car maintenance.
A.) Approximate miles travel a week by
car 200
800 miles per month
Your car gets 26 Miles per gallon: 31 gal
per month
$77.50 per month

11 03/03/17
 Transportation
Insert Photo of used car

12 03/03/17
 Transportation
My Auto insurance as a new
driver will be approximately
$2,000 per year.
My monthly auto insurance
budget will be :$40

13 03/03/17
 SAVINGS

Select Bank you will use

Summit Community Bank
Savings account: pay yourself
first
Amount you will put in savings
and not spend: $500
Checking account (Debit) is
the account you pay bills from
14 03/03/17
 Health & Personal Care
Budget Monthly Health Care
expenses
Doctor Visits? Costs: $40
Dental Visits/Costs: 2 visits a
year

15 03/03/17
 Gifts/Donations
Budget monies per month for: FAMILY
EVENTS
Birthdays:$50
Weddings: $30
Holidays: $100
Personal Relationships:$50
Gifts or donations to Church, Food
Bank
$30

16 03/03/17
 My Monthly Summary
My monthly net income is: $3,750
My monthly expenses including my
savings a month is: $2,557
So monthly I am Saving {In the Black}
(How Much money do you have left
over?) $1,193

17 03/03/17
 Write-up
State what you learned doing this
project.
By making $60,000 dollars a year, I see
how much living is going to cost and how
much I will be spending each month.
I have learned that it is important to have a
savings account just incase of
emergencies.
Insurance is very expensive.

18 03/03/17