This document contains Gilberto Pena's personal budget for monthly expenses from January to December 2019. It shows his monthly income from payroll after taxes and deductions, as well as monthly expenses including rent, utilities, car payments, insurance, gas, groceries, and savings. By tracking expenses against his net monthly income, he is able to calculate a net monthly change and cumulative savings.

1. Main Budget
Gilberto Pena
Date Created: 31/07/19
8/18/19
Personal Budget - Monthly
(Enter Monthly Amounts) 3 Checks 3 Checks
January February March April May June July August September October November December Annual
Payroll
Gross Pay 4,160.00$ 4,160.00$ 4,160.00$ 4,160.00$ 4,160.00$ 4,160.00$ 6,240.00$ 4,160.00$ 4,160.00$ 4,160.00$ 4,160.00$ 6,240.00$ 54,080.00$
Income Tax Withholding 208.00$ 208.00$ 208.00$ 208.00$ 208.00$ 208.00$ 624.00$ 208.00$ 208.00$ 208.00$ 208.00$ 624.00$ 3,328.00$
Social Security Tax 128.96$ 128.96$ 128.96$ 128.96$ 128.96$ 128.96$ 386.88$ 128.96$ 128.96$ 128.96$ 128.96$ 386.88$ 2,063.36$
Medicare Tax 30.16$ 30.16$ 30.16$ 30.16$ 30.16$ 30.16$ 90.48$ 30.16$ 30.16$ 30.16$ 30.16$ 90.48$ 482.56$
Benefits 41.60$ 41.60$ 41.60$ 41.60$ 41.60$ 41.60$ 124.80$ 41.60$ 41.60$ 41.60$ 41.60$ 124.80$ 665.60$
Health insurance 20.80$ 20.80$ 20.80$ 20.80$ 20.80$ 20.80$ 62.40$ 20.80$ 20.80$ 20.80$ 20.80$ 62.40$ 332.80$
Net Pay 3,730.48$ 3,730.48$ 3,730.48$ 3,730.48$ 3,730.48$ 3,730.48$ 4,951.44$ 3,730.48$ 3,730.48$ 3,730.48$ 3,730.48$ 4,951.44$ 60,952.32$
Expenses
Utilities 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 2,400.00$
Rent 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 7,200.00$
Car Loan* 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 272.88$ 3,274.51$
Car insurance 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 150.00$ 1,800.00$
Gas 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 3,600.00$
Groceries 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 120.00$ 1,440.00$
Phone 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 720.00$
Savings* 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 2,400.00$
Total Expenses 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 1,902.88$ 22,834.51$
Net Monthly Change 1,827.60$ 1,827.60$ 1,827.60$ 1,827.60$ 1,827.60$ 1,827.60$ 3,048.56$ 1,827.60$ 1,827.60$ 1,827.60$ 1,827.60$ 3,048.56$ 38,117.81$
Cumulative Savings/(Overspend) 1,827.60$ 3,655.21$ 5,482.81$ 7,310.42$ 9,138.02$ ######### ######### ######### ######### ######### ######### ######### 62,490.97$

2. Expenses
Gilberto Pena
Date created: 31/07/19
8/18/19
Utilities $200
Rent $600 Car Loan 15,000$
Car Loan* $273 Interest Rate 3.50%
Car insurance $150 Years 5
Gas $300 Months 60
Groceries $120 Payment $272.88
Phone $60
Savings* $200
Monthly $200
Interest Rate 1.50%
Years 5
Months 60
Already Have $0
Future. Value $12,453.39
Savings Plan
Car Payment
List of Expenses

3. Income
Gilberto Pena
Date Created: 31/07/19
8/18/19
Hourly Salary $26
# of Hours $40
2 week pay 2,080$
Annual Salary 54,080$
Income Tax Withholding 10.00% 208.00$
Social Security Tax 6.20% 128.96$
Medicare Tax 1.45% 30.16$
Benefits 2.00% 41.60$
Health insurance 1.00% 20.80$
Income
Deductions