Thursday, August 17, 2017

Budget update


TOTAL INCOME  $  54,184.00  $ 4,515.33  $              2,084.00  $ 4,399.33  $     116.00

 Yearly total   Monthly   Average biweekly   Actual   Difference 
INCOME TAX




taxes, work  $    4,354.48  $    362.87  $                 167.48  $    270.04  $       92.83






NET INCOME  $  49,829.52  $ 4,152.46  $              1,916.52  $ 4,129.29  $       23.17






CHARITY 10-15%




fast offering  $    1,056.00  $      88.00  $                   40.62  $      88.00  $             -  
tithing  $    5,418.40  $    451.53  $                 208.40  $    439.93  $       11.60
SAVINGS 5-10%




emergency fund  $              -    $           -    $                         -    $           -    $             -  
kids savings  $       127.40  $      10.62  $                     4.90  $        4.90  $         5.72
retirement  $    5,960.24  $    496.69  $                 229.24  $    478.54  $       18.15
HOUSING 25-35%




dream home  $       260.00  $      21.67  $                   10.00  $      10.00  $       11.67
homeowner's insurance (Jan)  $       525.00  $      43.75  $                   20.19  $           -    $       43.75
Household improvement/ repair  $       784.16  $      65.35  $                   30.16  $    161.13  $     (95.78)
appliance replace  $       214.50  $      17.88  $                     8.25  $           -    $       17.88
real estate tax, county (Jun and Dec)  $    1,060.00  $      88.33  $                   40.77  $           -    $       88.33
real estate tax, town (Dec)  $       190.56  $      15.88  $                     7.33  $           -    $       15.88
UTILITIES 5-10%




internet  $       461.40  $      38.45  $                   17.75  $           -    $       38.45
phone- cell  $       223.60  $      18.63  $                     8.60  $      15.58  $         3.05
phone- home  $       189.12  $      15.76  $                     7.27  $      15.76  $             -  
power  $    1,562.08  $    130.17  $                   60.08  $      94.39  $       35.78
water& trash  $    1,022.32  $      85.19  $                   39.32
 $       85.19
FOOD 5-15%




groceries  $    4,576.00  $    381.33  $                 176.00  $    255.63  $     125.70
TRANSPORTATION 10-15%




car insurance (Jan and Jul)  $       331.90  $      27.66  $                   12.77  $           -    $       27.66
gasoline- buick  $       682.03  $      56.84  $                   26.23  $      29.16  $       27.68
gasoline- van  $    1,410.06  $    117.50  $                   54.23  $      71.76  $       45.74
registration, buick  $         39.42  $        3.28  $                     1.52  $           -    $         3.28
registration, van  $         44.42  $        3.70  $                     1.71  $           -    $         3.70
repair & maintain  $       285.22  $      23.77  $                   10.97  $           -    $       23.77
replace  $       681.72  $      56.81  $                   26.22  $           -    $       56.81
taxes, property- county (Dec)  $         72.41  $        6.03  $                     2.79  $           -    $         6.03
taxes, property-town (Dec)  $         77.45  $        6.45  $                     2.98  $           -    $         6.45
CLOTHING 2-7%




me  $           7.80  $        0.65  $                     0.30  $           -    $         0.65
kids  $         23.66  $        1.97  $                     0.91  $           -    $         1.97
husband  $         54.60  $        4.55  $                     2.10  $           -    $         4.55
MEDICAL 5-10%




health care  $    5,821.40  $    485.12  $                 223.90  $           -    $     485.12
health insurance- med, dent, vis  $    4,927.78  $    410.65 $189.53  $    379.06  $       31.59
PERSONAL 5-10%




Christmas  $         56.42  $        4.70  $                     2.17  $           -    $         4.70
gifts  $         23.66  $        1.97  $                     0.91  $           -    $         1.97
personal, me  $         17.94  $        1.50  $                     0.69  $           -    $         1.50
personal, kids  $         71.24  $        5.94  $                     2.74  $    354.22  $   (348.28)
personal, husband  $         17.94  $        1.50  $                     0.69  $           -    $         1.50
pets  $       676.00  $      56.33  $                   26.00  $    240.23  $   (183.90)
work  $              -    $           -    $                         -    $    119.18  $   (119.18)
RECREATION 5-10%  $              -    $           -  


entertainment  $         35.62  $        2.97  $                     1.37  $           -    $         2.97
vacation  $         74.88  $        6.24  $                     2.88  $           -    $         6.24
disney  $    1,300.00  $    108.33  $                   50.00  $      50.00  $       58.33
DEBT 5-10%




husband's student loans  $    7,052.16  $    587.68  $                 271.24  $    587.68  $             -  
husband's student loans extra  $    2,413.06  $    201.09  $                   92.81  $    578.00  $   (376.91)
NET SPENDING  $  49,829.56  $ 4,152.46  $              1,916.52  $ 3,973.15  $     179.31
 DIFFERENCE: NET INCOME/SPENDING   $         (0.04)  $      (0.00)  $                   (0.00)  $    156.14

Thursday, August 10, 2017

Where we went over budget

We went over budget for the kids personal category this week.  Our oldest started middle school this week, and there are a lot more expenses there than in elementary school!  The biggest was getting my old clarinet ready for him to play in band.  Oy!  It needed a lot of work.
More bad news was the money we spent on fixing the air conditioning on the van was almost completely wasted.  It worked for all of a couple of weeks, and then went kaput again.  We took it back, but the shop told us it was a different part that needed to be replaced this time (probably because it had been sitting so long unused, and all of a sudden we were using it again), and it would cost another $600 to fix.  No thanks.  We'll pray for cool weather this August and maybe next spring we'll have enough to repair it.

Budget update


TOTAL INCOME  $  54,184.00  $ 4,515.33  $              2,084.00  $ 2,315.32  $  2,200.01

 Yearly total   Monthly   Average biweekly   Actual   Difference 
INCOME TAX




taxes, work  $    4,354.48  $    362.87  $                 167.48  $    141.99  $     220.88






NET INCOME  $  49,829.52  $ 4,152.46  $              1,916.52  $ 2,173.33  $  1,979.13






CHARITY 10-15%




fast offering  $    1,056.00  $      88.00  $                   40.62  $      88.00  $             -  
tithing  $    5,418.40  $    451.53  $                 208.40  $    231.53  $     220.00
SAVINGS 5-10%




emergency fund  $              -    $           -    $                         -    $           -    $             -  
kids savings  $       127.40  $      10.62  $                     4.90  $        4.90  $         5.72
retirement  $    5,960.24  $    496.69  $                 229.24  $    249.30  $     247.39
HOUSING 25-35%




dream home  $       260.00  $      21.67  $                   10.00  $        5.00  $       16.67
homeowner's insurance (Jan)  $       525.00  $      43.75  $                   20.19  $           -    $       43.75
Household improvement/ repair  $       784.16  $      65.35  $                   30.16  $           -    $       65.35
appliance replace  $       214.50  $      17.88  $                     8.25  $           -    $       17.88
real estate tax, county (Jun and Dec)  $    1,060.00  $      88.33  $                   40.77  $           -    $       88.33
real estate tax, town (Dec)  $       190.56  $      15.88  $                     7.33  $           -    $       15.88
UTILITIES 5-10%




internet  $       461.40  $      38.45  $                   17.75  $           -    $       38.45
phone- cell  $       223.60  $      18.63  $                     8.60  $           -    $       18.63
phone- home  $       189.12  $      15.76  $                     7.27  $           -    $       15.76
power  $    1,562.08  $    130.17  $                   60.08  $      94.39  $       35.78
water& trash  $    1,022.32  $      85.19  $                   39.32
 $       85.19
FOOD 5-15%




groceries  $    4,576.00  $    381.33  $                 176.00  $    135.41  $     245.92
TRANSPORTATION 10-15%




car insurance (Jan and Jul)  $       331.90  $      27.66  $                   12.77  $           -    $       27.66
gasoline- buick  $       682.03  $      56.84  $                   26.23  $           -    $       56.84
gasoline- van  $    1,410.06  $    117.50  $                   54.23  $      35.31  $       82.19
registration, buick  $         39.42  $        3.28  $                     1.52  $           -    $         3.28
registration, van  $         44.42  $        3.70  $                     1.71  $           -    $         3.70
repair & maintain  $       285.22  $      23.77  $                   10.97  $           -    $       23.77
replace  $       681.72  $      56.81  $                   26.22  $           -    $       56.81
taxes, property- county (Dec)  $         72.41  $        6.03  $                     2.79  $           -    $         6.03
taxes, property-town (Dec)  $         77.45  $        6.45  $                     2.98  $           -    $         6.45
CLOTHING 2-7%




me  $           7.80  $        0.65  $                     0.30  $           -    $         0.65
kids  $         23.66  $        1.97  $                     0.91  $           -    $         1.97
husband  $         54.60  $        4.55  $                     2.10  $           -    $         4.55
MEDICAL 5-10%




health care  $    5,821.40  $    485.12  $                 223.90  $           -    $     485.12
health insurance- med, dent, vis  $    4,927.78  $    410.65 $189.53  $    189.53  $     221.12
PERSONAL 5-10%




Christmas  $         56.42  $        4.70  $                     2.17  $           -    $         4.70
gifts  $         23.66  $        1.97  $                     0.91  $           -    $         1.97
personal, me  $         17.94  $        1.50  $                     0.69  $           -    $         1.50
personal, kids  $         71.24  $        5.94  $                     2.74  $    326.72  $   (320.78)
personal, husband  $         17.94  $        1.50  $                     0.69  $           -    $         1.50
pets  $       676.00  $      56.33  $                   26.00  $    240.23  $   (183.90)
work  $              -    $           -    $                         -    $           -    $             -  
RECREATION 5-10%  $              -    $           -  


entertainment  $         35.62  $        2.97  $                     1.37  $           -    $         2.97
vacation  $         74.88  $        6.24  $                     2.88  $           -    $         6.24
disney  $    1,300.00  $    108.33  $                   50.00  $      25.00  $       83.33
DEBT 5-10%




husband's student loans  $    7,052.16  $    587.68  $                 271.24  $           -    $     587.68
husband's student loans extra  $    2,413.06  $    201.09  $                   92.81  $           -    $     201.09
NET SPENDING  $  49,829.56  $ 4,152.46  $              1,916.52  $ 1,625.32  $  2,527.14
 DIFFERENCE: NET INCOME/SPENDING   $         (0.04)  $      (0.00)  $                   (0.00)  $    548.01