Sunday, April 6, 2014

Monthly Budget

Budgeting


As you know, we are a one income family. Hubby makes around $63,000 per year. So how do we make it in this golden state? Prayers and patience. Our kids do not get everything they want. Heck, we don’t even have cable, but we are thinking about getting internet in our house. :)

So what does our budget look like? Well,  if you’ve been reading my earlier posts, you already know we spend $400 on good quality natural food.

Bako Depot’s Budget:
Salary            $63,000
Housing         $1,015.00
Car payment $750.00
Car Insurance $74.00
AAA              $0.00
Cell phone     $156.00
Netflix           $9.00
ATT/ Internet $0.00
PG&E           $49.00
Water             $51.00
Gas                 $69.60
Student Loans $156.00
Ret/Life Insur $280.87

CASH
Grocery         $400.00
Gasoline (Auto)
Co-Pay/Medical
DMV/Smog Check
Car Maintenance
Cow
Entertainment
Kids Activities
Household
Home Improve/Tools
Clothing
Hobbies/Toys
Garden
Dining Out
Pets
Gifts
Medical Bills
ATM Withdrawal
TOTAL EXPENSES  $3,010.47

Summary
Salary         $3,430.06
Expenses    $3,010.47
Savings
Leftover Funds $419.59


That $419.59 is the rest of the paycheck to pay for dining out, clothes, tools, medical bills, and absolutely everything else. It’s really not much, is it? Lately, that $400 leftover has been going to $6,000.00 medical bills from hubby and they are still coming. This is why I’m afraid to get the mail! Everytime he goes in, which is often, it usually costs us $300. Granted we have really good insurance, but it takes a plan to get anywhere including out of debt.