Thursday, February 2, 2017
February's challenge
February's challenge is to save money on gas! We will try not to use our cars when we don't need to, and consolidate errands as much as possible- wish us luck!
Budget update
| TOTAL INCOME | $ 52,353.60 | $ 4,362.80 | $ 2,013.60 | $ 2,013.60 | $ 2,349.20 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 3,117.92 | $ 259.83 | $ 119.92 | $ 119.92 | $ 139.91 |
| NET INCOME | $ 49,235.68 | $ 4,102.97 | $ 1,893.68 | $ 1,893.68 | $ 2,209.29 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,235.36 | $ 436.28 | $ 201.36 | $ 201.36 | $ 234.92 |
| SAVINGS 5-10% | |||||
| emergency fund | $ - | $ - | $ - | $ - | $ - |
| kids savings | $ 112.32 | $ 9.36 | $ 4.32 | $ 2.16 | $ 7.20 |
| retirement | $ 4,711.82 | $ 392.65 | $ 181.22 | $ 181.22 | $ 211.43 |
| HOUSING 25-35% | |||||
| dream home | $ 260.00 | $ 21.67 | $ 10.00 | $ - | $ 21.67 |
| homeowner's insurance (Jan) | $ 525.00 | $ 43.75 | $ 20.19 | $ - | $ 43.75 |
| Household improvement/ repair | $ 254.80 | $ 21.23 | $ 9.80 | $ - | $ 21.23 |
| 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 | $ 211.12 | $ 17.59 | $ 8.12 | $ - | $ 17.59 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ - | $ 15.76 |
| power | $ 1,771.38 | $ 147.62 | $ 68.13 | $ - | $ 147.62 |
| water& trash | $ 1,059.24 | $ 88.27 | $ 40.74 | $ - | $ 88.27 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 5.75 | $ 375.58 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 410.30 | $ 34.19 | $ 15.78 | $ - | $ 34.19 |
| gasoline- buick | $ 777.92 | $ 64.83 | $ 29.92 | $ - | $ 64.83 |
| gasoline- van | $ 1,499.14 | $ 124.93 | $ 57.66 | $ - | $ 124.93 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 210.08 | $ 17.51 | $ 8.08 | $ - | $ 17.51 |
| replace | $ 1,173.90 | $ 97.83 | $ 45.15 | $ - | $ 97.83 |
| 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 | $ 11.70 | $ 0.98 | $ 0.45 | $ - | $ 0.98 |
| kids | $ 44.20 | $ 3.68 | $ 1.70 | $ - | $ 3.68 |
| husband | $ 52.78 | $ 4.40 | $ 2.03 | $ - | $ 4.40 |
| MEDICAL 5-10% | |||||
| health care | $ 6,750.00 | $ 562.50 | $ 259.62 | $ - | $ 562.50 |
| health insurance- med, dent, vis | $ 4,927.78 | $ 410.65 | $189.53 | $ 189.53 | $ 221.12 |
| PERSONAL 5-10% | |||||
| Christmas | $ 105.04 | $ 8.75 | $ 4.04 | $ - | $ 8.75 |
| gifts | $ 44.20 | $ 3.68 | $ 1.70 | $ - | $ 3.68 |
| personal, me | $ 14.56 | $ 1.21 | $ 0.56 | $ - | $ 1.21 |
| personal, kids | $ 185.12 | $ 15.43 | $ 7.12 | $ - | $ 15.43 |
| personal, husband | $ 14.04 | $ 1.17 | $ 0.54 | $ - | $ 1.17 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $ (303.56) | $ 303.56 |
| RECREATION 5-10% | |||||
| entertainment | $ 60.58 | $ 5.05 | $ 2.33 | $ - | $ 5.05 |
| vacation | $ 132.08 | $ 11.01 | $ 5.08 | $ - | $ 11.01 |
| 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 | $ 1,098.50 | $ 91.54 | $ 42.25 | $ - | $ 91.54 |
| NET SPENDING | $ 49,235.64 | $ 4,102.97 | $ 1,893.68 | $ 364.46 | $ 3,738.51 |
| DIFFERENCE: NET INCOME/SPENDING | $ 0.04 | $ 0.00 | $ 0.00 | $ 1,529.22 | $(1,529.22) |
Budget update - January final numbers
| TOTAL INCOME | $ 52,353.60 | $ 4,362.80 | $ 2,013.60 | $ 4,128.22 | $ 234.58 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 3,117.92 | $ 259.83 | $ 119.92 | $ 239.83 | $ 20.00 |
| NET INCOME | $ 49,235.68 | $ 4,102.97 | $ 1,893.68 | $ 3,888.39 | $ 214.58 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,235.36 | $ 436.28 | $ 201.36 | $ 412.82 | $ 23.46 |
| SAVINGS 5-10% | |||||
| emergency fund | $ - | $ - | $ - | $ - | $ - |
| kids savings | $ 112.32 | $ 9.36 | $ 4.32 | $ 8.64 | $ 0.72 |
| retirement | $ 4,711.82 | $ 392.65 | $ 181.22 | $ 362.44 | $ 30.21 |
| HOUSING 25-35% | |||||
| dream home | $ 260.00 | $ 21.67 | $ 10.00 | $ 25.00 | $ (3.33) |
| homeowner's insurance (Jan) | $ 525.00 | $ 43.75 | $ 20.19 | $ 525.00 | $ (481.25) |
| Household improvement/ repair | $ 249.08 | $ 20.76 | $ 9.58 | $ - | $ 20.76 |
| 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 | $ 211.12 | $ 17.59 | $ 8.12 | $ 16.15 | $ 1.44 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ 15.76 | $ - |
| power | $ 1,771.38 | $ 147.62 | $ 68.13 | $ 179.99 | $ (32.38) |
| water& trash | $ 1,059.24 | $ 88.27 | $ 40.74 | $ 85.89 | $ 2.38 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 392.68 | $ (11.35) |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 421.30 | $ 35.11 | $ 16.20 | $ 205.15 | $ (170.04) |
| gasoline- buick | $ 800.25 | $ 66.69 | $ 30.78 | $ 63.64 | $ 3.05 |
| gasoline- van | $ 1,542.18 | $ 128.52 | $ 59.31 | $ 65.41 | $ 63.11 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 205.40 | $ 17.12 | $ 7.90 | $ 1,117.38 | $(1,100.26) |
| replace | $ 1,147.64 | $ 95.64 | $ 44.14 | $ - | $ 95.64 |
| 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 | $ 11.44 | $ 0.95 | $ 0.44 | $ 9.80 | $ (8.85) |
| kids | $ 43.16 | $ 3.60 | $ 1.66 | $ - | $ 3.60 |
| husband | $ 51.48 | $ 4.29 | $ 1.98 | $ - | $ 4.29 |
| MEDICAL 5-10% | |||||
| health care | $ 6,750.00 | $ 562.50 | $ 259.62 | $ 1,745.58 | $(1,183.08) |
| health insurance- med, dent, vis | $ 4,927.78 | $ 410.65 | $189.53 | $ 379.06 | $ 31.59 |
| PERSONAL 5-10% | |||||
| Christmas | $ 102.70 | $ 8.56 | $ 3.95 | $ 8.45 | $ 0.11 |
| gifts | $ 43.42 | $ 3.62 | $ 1.67 | $ - | $ 3.62 |
| personal, me | $ 14.04 | $ 1.17 | $ 0.54 | $ 0.90 | $ 0.27 |
| personal, kids | $ 180.96 | $ 15.08 | $ 6.96 | $ 151.80 | $ (136.72) |
| personal, husband | $ 13.78 | $ 1.15 | $ 0.53 | $ 7.31 | $ (6.16) |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ 42.32 | $ 14.01 |
| work | $ - | $ - | $ - | $ 142.64 | $ (142.64) |
| RECREATION 5-10% | |||||
| entertainment | $ 59.02 | $ 4.92 | $ 2.27 | $ 8.00 | $ (3.08) |
| vacation | $ 129.22 | $ 10.77 | $ 4.97 | $ - | $ 10.77 |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ 125.00 | $ (16.67) |
| 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 | $ 1,073.80 | $ 89.48 | $ 41.30 | $ 140.57 | $ (51.09) |
| NET SPENDING | $ 49,235.57 | $ 4,102.96 | $ 1,893.68 | $ 6,999.28 | $(2,896.32) |
| DIFFERENCE: NET INCOME/SPENDING | $ 0.11 | $ 0.01 | $ 0.00 | $(3,110.89) |
Subscribe to:
Posts (Atom)