Create Your Own "Real Life" Budget
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Step One - Download this budget |
Step Two - Are you married? (drawing) |
Step Three - Choose a career & possibly a career for your spouse
- Research what the monthly wage is for your career
- Calculate the taxes you have to pay for the month
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Step Four - What about college? Did you have to go to college for your career? If so, add the amount of your student loans. (Drawing) |
Step Six - House - (drawing)
- Draw to see what you house, condo or apartment payment is per month.
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Step Six - Vehicles - (drawing)
- Draw to see what vehicle you drive.
- Research the cost of the vehicle on kbb.com or another similar site
- Calculate your monthly payment at Car Payment at Car Payment Calculator.
- You have a 10% downpayment toward your car
- Do this same thing for your spouse's car
- Add the insurance
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Step Seven - Gas (drawing)
- Draw the location of your work then calculate the cost of gas for your car using a gasoline calculator- just Google it! There are many of them.
- Do this same thing for your spouse
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Step Eight - Pets (drawing)
- Do you have any pets? Find out the monthly cost for owning your pet?
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Step Nine - Keep adding the cards to see what your monthly "real life" budget amounts to |
Step Ten - Assessment - are you within your budget? |