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For the starting budget $ amounts you use the following logic. Determine the yearly values and enter them into your budget.
For the starting budget $ amounts you use the following logic. Determine the yearly values and enter them into your budget. Don't forget to add the totals, and to determine the amount you are short/extra.
Salary = $4,000 a month
Rent = $1200 a month
Car payment = $650 a month
Phone = $95 a month
Health Insurance = $250 a month
Food = $500 a month
We are now going to add the following data for the monthly amounts in out spreadsheet
Salary: Your starting salary for the year is $4,000 a month. In June you get a 3% pay increase.
Additionally you get a one-time bonus payout of $500 in October.
Rent: Your monthly rent per your lease is $1,200 a month, with a 5% increase in November.
Car: Your car is under lease at a rate of $650 a month.
Phone: Your month rate for your phone is $95 a month, but you incurred overage charges of $25 each in the months of April, August, and December.
Health Insurance: Your monthly installments for health insurance are $250 a month.
Food: Food expense tends to be more varied than the other expenses be captured. Use the follow table to enter your food expenses.
Other: In the month of March you have a car repair bill of $750 and in August you took a $125 flight to visit your parents.
