Budget slide presentation. Fill in the blanks.

1. My Budget Project
Personal Finance
Period:_____
Your Name
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2. Based on wages/salary
Second Job: Earnings
My Income- $
Job Title:
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3. Salary
Job Title
Salary is your net (take home) pay (Yearly)
Divide by 12= Monthly Salary:_____________
Add Part-time Job: Title:_________________
Monthly PT Job Earnings:________________
Add the two monthly job earnings+ Monthly
Income:_____________________
Multiply by 12 (months) =___________ Yearly
income
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4. Other income
Use second salary slide only if needed for other incomes.
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5. Find a home for $150,000 or less.
Download Photo of Home
Calculate Monthly expense with taxes.
Need 20% Down or $30,000 put down on home
Mortgage Amount $120,000
Expenses: www.zillow.com
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6. Photo of Home
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7. Expenses:
b.) Student Loans, c.) TV/Phone/Internet
B.) My Student loan is $25,000
My monthly student loan payment is
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8. My cell phone/smart
Monthly Expense is:
__________________
Cell Phone Bill
d.) Verizon, AT&T
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9. e.) Groceries
I do the majority of my food shopping at
Select from: Acme Markets, Wal-Mart,
ShopRite, Bottom Dollar
I get my prescriptions from: any listed
above or CVS, RITE AID, WALGREENS
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10. 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 DVD’S or games is:
____________________
I do my clothing at (Name of Store(s)) and I
spend about
$_____________________________ a
month.
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11. Utilities- PSE & G
Home or Apartment
My monthly electric bill
is:_______________
Kwh used per month
is:_________________
My monthly gas bill is:
__________________
Amount of gas I use per month:
__________________
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12. h.) Vehicle/Transportation
Include an estimate for gasoline, car insurance, car
maintenance.
A.) Approximate miles travel a week by car ______
Multiply 4 times ________miles= _______ miles
per month.
Your car gets 26 Miles per gallon:______________
Number of gallons of gas per month X (times) $3.43
cost of gasoline per gallon.
_______________________________________
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13. Transportation
Insert Photo of used car
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14. Transportation
My Auto insurance as a new driver will be
approximately
________________________per year.
My monthly auto insurance budget will
be : Total Yearly auto insurance divided by
12:
_______________________________
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15. SAVINGS
Select Bank you will use. Google local
banks and select YOUR bank.
Set up direct deposit with your employer
and your bank.
Pay yourself first- Put in savings account
and don’t SPEND.
Checking account (Debit) is your account
you pay bills.
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16. Health & Personal Care
Budget Monthly Health Care expenses
Doctor Visits? Costs:
___________________
Dental
Visits/Costs:___________________
Gym Membership
Costs:_________________
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17. Insert Photo, Video, Clip Art
Gym, Workout
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18. Gifts/Donations
Budget monies per month for: FAMILY
EVENTS
Birthdays:____________
Weddings: ___________
Personal Relationships:___________
Gifts or donations to Church, Food Bank
____________________
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19. My Monthly Summary
My monthly net income is: __________________
My monthly expenses including my savings a month is:
___________________________________
So monthly I am Saving {In the Black} (How Much
money do you have left over?)
___________________________
So monthly, I am in the negative (RED) how much a
month: __________________________________
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20. Write-up
State what you learned doing this project.
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