How Much Money Do I Need To Make?
Monthly Budget
Housing Apartment--$800. 00 Small House--$1, 000. 00 Medium House--$1, 300. 00 Large House--$2, 500. 00 Extra Large House--$4, 000. 00
Utilities (Electricity, Water, Sewer, Trash, Telephone, Heat & A/C) Small House/Apartment--$200. 00 Medium House--$300. 00 Large House--$450. 00 Extra Large House--$700. 00
Transportation Fixer-up Car--$100. 00 Economy Car--$150. 00 Medium Priced Car--$250. 00 Nice Truck/SUV--$500. 00 Sports Car--$1000. 00
Gas for Automobile Small/Medium Car--$200. 00 Large Car/Truck/SUV--$300. 00 Extra Travel add an additional--$80. 00 (long commute or trips out of town each weekend)
Automobile Insurance Fixer-up Car--$30. 00 Economy Car--$75. 00 Medium Car--$100. 00 Nice Truck/SUV--$200. 00 Sports Car--$200. 00
Car Maintenance Basic Upkeep--$50. 00
Clothing One outfit a month--$80. 00 Dress OK--$200. 00 Dress nice--$300. 00
Entertainment $100. 00 --Do not go out much (rent a few movies & out to dinner at a moderate restaurant only once a month. $200. 00 --Go out some (go to the movies, out to dinner a 2 -3 times a month) $300. 00 --Travel some, one nice trip a year, and eat out on a regular basis
Children $300. 00 --For each child
Food Ramen Noodles, Bologna & Cheese, Peanut Butter & Jelly--$200. 00 Normal food--$300. 00 Eat out often--$400. 00
Internet Basic Dial Up--$20. 00 High speed--$50. 00
Cable Basic Cable--$60. 00 (no specialty or movie channels) Digital Cable--$100. 00 (with movie, sports, Specialty, & news channels)
Communications Cell phone/no internet, 450 minutes & 200 text msgs--$45. 00 Cell phone/unlimited minutes & texting, limited internet--$90. 00 Cell phone/unlimited minutes & texting, unlimited internet--$150. 00
Personal Hygiene Low maintenance--$75. 00 Medium maintenance--$150. 00 High maintenance--$300. 00 Add additional $30. 00 a month to join a gym.
Health Insurance $200. 00 person. (This is for you, your spouse and each of your children. )
Emergency Money Limited preparation--$100. 00 Somewhat prepared--$200. 00 Well prepared--$300. 00
Retirement Prepared a little--$100. 00 Somewhat prepared--$200. 00 Well prepared--$300. 00 to $500. 00
Miscellaneous Low maintenance--$200. 00 Medium maintenance--$400. 00 High maintenance--$600. 00