| TOTAL INCOME | $ 47,008.00 | $ 3,917.33 | $ 1,808.00 | $ 2,822.88 | $ 1,094.45 |
| TAX REFUND | $ 4,486.13 | $ 373.84 | $ 172.54 | $ 373.84 | |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 2,931.50 | $ 244.29 | $ 112.75 | $ 197.86 | $ 46.43 |
| NET INCOME | $ 44,076.50 | $ 3,673.04 | $ 1,695.25 | $ 2,625.02 | $ 1,048.02 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ - | $ 88.00 |
| tithing | $ 4,700.80 | $ 391.73 | $ 180.80 | $ 282.29 | $ 109.44 |
| SAVINGS 5-10% | |||||
| emergency fund | $ 1,500.72 | $ 125.06 | $ 57.72 | $ - | $ 125.06 |
| kids savings | $ 67.60 | $ 5.63 | $ 2.60 | $ 2.95 | $ 2.68 |
| retirement | $ 1,410.24 | $ 117.52 | $ 54.24 | $ 82.44 | $ 35.08 |
| HOUSING 25-35% | |||||
| dream home | $ 736.32 | $ 61.36 | $ 28.32 | $ 30.22 | $ 31.14 |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ - | $ 43.17 |
| Household improvement/ repair | $ - | $ - | $ - | $ 122.95 | $ (122.95) |
| appliance replace | $ 214.50 | $ 17.88 | $ 8.25 | $ - | $ 17.88 |
| real estate tax, county (Jun and Dec) | $ 1,210.40 | $ 100.87 | $ 46.55 | $ - | $ 100.87 |
| real estate tax, town (Dec) | $ 217.60 | $ 18.13 | $ 8.37 | $ - | $ 18.13 |
| UTILITIES 5-10% | |||||
| internet | $ 341.40 | $ 28.45 | $ 13.13 | $ - | $ 28.45 |
| phone- cell | $ 230.62 | $ 19.22 | $ 8.87 | $ - | $ 19.22 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ - | $ 15.76 |
| power | $ 1,920.36 | $ 160.03 | $ 73.86 | $ 225.15 | $ (65.12) |
| water& trash (odd months) | $ 1,192.36 | $ 99.36 | $ 45.86 | $ - | $ 99.36 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 250.38 | $ 130.95 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 479.30 | $ 39.94 | $ 18.43 | $ - | $ 39.94 |
| gasoline- buick | $ 737.20 | $ 61.43 | $ 28.35 | $ - | $ 61.43 |
| gasoline- van | $ 1,071.66 | $ 89.30 | $ 41.22 | $ 49.76 | $ 39.54 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ - | $ - | $ - | $ 165.48 | $ (165.48) |
| replace | $ - | $ - | $ - | $ - | $ - |
| taxes, property- county (Dec) | $ 89.55 | $ 7.46 | $ 3.44 | $ - | $ 7.46 |
| taxes, property-town (Dec) | $ 81.44 | $ 6.79 | $ 3.13 | $ - | $ 6.79 |
| CLOTHING 2-7% | |||||
| me | $ - | $ - | $ - | $ - | $ - |
| kids | $ - | $ - | $ - | $ - | $ - |
| husband | $ - | $ - | $ - | $ - | $ - |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ 626.11 | $ (279.44) |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 175.57 | $ 204.83 |
| PERSONAL 5-10% | |||||
| Christmas | $ - | $ - | $ - | $ - | $ - |
| gifts | $ - | $ - | $ - | $ - | $ - |
| personal, me | $ - | $ - | $ - | $ - | $ - |
| personal, kids | $ - | $ - | $ - | $ 0.80 | $ (0.80) |
| personal, husband | $ - | $ - | $ - | $ 2.62 | $ (2.62) |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ 168.00 | $ (111.67) |
| work | $ - | $ - | $ - | $ (607.57) | $ 607.57 |
| RECREATION 5-10% | |||||
| entertainment | $ - | $ - | $ - | $ - | $ - |
| vacation | $ - | $ - | $ - | $ - | $ - |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ - | $ 108.33 |
| DEBT 5-10% | |||||
| my student loans | $ 573.24 | $ 47.77 | $ 22.05 | $ 47.77 | $ - |
| husband's student loans | $ 7,052.16 | $ 587.68 | $ 271.24 | $ 587.68 | $ - |
| husband's student loans extra | $ 3,125.20 | $ 260.43 | $ 120.20 | $ 844.85 | $ (584.42) |
| NET SPENDING | $ 44,076.44 | $ 3,673.04 | $ 1,695.25 | $ 3,373.17 | $ 299.87 |
| NET TAX REFUND SPENDING | $ - | $ - | $ - | $ (315.72) | $ 315.72 |
| DIFFERENCE: NET INCOME/SPENDING | $ 0.06 | $ 0.01 | $ 0.00 | $ (748.15) | $ 748.16 |
| DIFFERENCE: NET TAX REFUND/SPENDING | $ 4,486.13 | $ 373.84 | $ 172.54 | $ 315.72 | $ 58.12 |
Saturday, April 16, 2016
Budget update
March's challenge results
We did well on the electricity challenge this time! I compared our bill this year to last year's. The month was split between two bills. The first half of the month was an average of 41 degrees this year, and an average of 28 last year, so of course we saved money there just from a temperature standpoint: $47.46, the second half of the month was warmer, an average of 45 degrees this year, and 49 degrees last year, but we still did fairly well even though it was colder this year: $9.86, so the total savings is $57.32- much better than last time's challenge, where we spent 31cents more this year than last year. How did you do?
Saturday, April 9, 2016
Budget update
| TOTAL INCOME | $ 47,008.00 | $ 3,917.33 | $ 1,808.00 | $ 2,822.88 | $ 1,094.45 |
| TAX REFUND | $ 4,486.13 | $ 373.84 | $ 172.54 | $ 373.84 | |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 2,931.50 | $ 244.29 | $ 112.75 | $ 197.86 | $ 46.43 |
| NET INCOME | $ 44,076.50 | $ 3,673.04 | $ 1,695.25 | $ 2,625.02 | $ 1,048.02 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ - | $ 88.00 |
| tithing | $ 4,700.80 | $ 391.73 | $ 180.80 | $ 282.29 | $ 109.44 |
| SAVINGS 5-10% | |||||
| emergency fund | $ 1,500.72 | $ 125.06 | $ 57.72 | $ - | $ 125.06 |
| kids savings | $ 67.60 | $ 5.63 | $ 2.60 | $ 1.30 | $ 4.33 |
| retirement | $ 1,410.24 | $ 117.52 | $ 54.24 | $ 82.44 | $ 35.08 |
| HOUSING 25-35% | |||||
| dream home | $ 736.32 | $ 61.36 | $ 28.32 | $ 15.64 | $ 45.72 |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ - | $ 43.17 |
| Household improvement/ repair | $ - | $ - | $ - | $ - | $ - |
| appliance replace | $ 214.50 | $ 17.88 | $ 8.25 | $ - | $ 17.88 |
| real estate tax, county (Jun and Dec) | $ 1,210.40 | $ 100.87 | $ 46.55 | $ - | $ 100.87 |
| real estate tax, town (Dec) | $ 217.60 | $ 18.13 | $ 8.37 | $ - | $ 18.13 |
| UTILITIES 5-10% | |||||
| internet | $ 341.40 | $ 28.45 | $ 13.13 | $ - | $ 28.45 |
| phone- cell | $ 230.62 | $ 19.22 | $ 8.87 | $ - | $ 19.22 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ - | $ 15.76 |
| power | $ 1,920.36 | $ 160.03 | $ 73.86 | $ 225.15 | $ (65.12) |
| water& trash (odd months) | $ 1,192.36 | $ 99.36 | $ 45.86 | $ - | $ 99.36 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 174.97 | $ 206.36 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 479.30 | $ 39.94 | $ 18.43 | $ - | $ 39.94 |
| gasoline- buick | $ 737.20 | $ 61.43 | $ 28.35 | $ - | $ 61.43 |
| gasoline- van | $ 1,071.66 | $ 89.30 | $ 41.22 | $ 9.89 | $ 79.41 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ - | $ - | $ - | $ 1.00 | $ (1.00) |
| replace | $ - | $ - | $ - | $ - | $ - |
| taxes, property- county (Dec) | $ 89.55 | $ 7.46 | $ 3.44 | $ - | $ 7.46 |
| taxes, property-town (Dec) | $ 81.44 | $ 6.79 | $ 3.13 | $ - | $ 6.79 |
| CLOTHING 2-7% | |||||
| me | $ - | $ - | $ - | $ - | $ - |
| kids | $ - | $ - | $ - | $ - | $ - |
| husband | $ - | $ - | $ - | $ - | $ - |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ - | $ (157.82) |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 175.57 | $ 204.83 |
| PERSONAL 5-10% | |||||
| Christmas | $ - | $ - | $ - | $ - | $ - |
| gifts | $ - | $ - | $ - | $ - | $ - |
| personal, me | $ - | $ - | $ - | $ - | $ - |
| personal, kids | $ - | $ - | $ - | $ 0.80 | $ (0.80) |
| personal, husband | $ - | $ - | $ - | $ 2.62 | $ (2.62) |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $(1,143.75) | $ 1,143.75 |
| RECREATION 5-10% | |||||
| entertainment | $ - | $ - | $ - | $ - | $ - |
| vacation | $ - | $ - | $ - | $ - | $ - |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ - | $ 108.33 |
| DEBT 5-10% | |||||
| my student loans | $ 573.24 | $ 47.77 | $ 22.05 | $ - | $ 47.77 |
| husband's student loans | $ 7,052.16 | $ 587.68 | $ 271.24 | $ - | $ 587.68 |
| husband's student loans extra | $ 3,125.20 | $ 260.43 | $ 120.20 | $ 187.70 | $ 72.73 |
| NET SPENDING | $ 44,076.44 | $ 3,673.04 | $ 1,695.25 | $ 1,659.44 | $ 2,013.60 |
| NET TAX REFUND SPENDING | $ - | $ - | $ - | $(1,139.33) | $ 1,139.33 |
| DIFFERENCE: NET INCOME/SPENDING | $ 0.06 | $ 0.01 | $ 0.00 | $ 965.58 | $ (965.57) |
| DIFFERENCE: NET TAX REFUND/SPENDING | $ 4,486.13 | $ 373.84 | $ 172.54 | $ 1,139.33 | $ (765.49) |
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