Tag Archives: growingup

Budget – Fixed Monthly Costs

Since I’m oh-so bad at not racking up random late fees on things, here are my fixed costs
and what they should cost me each month:

$1050: Rent / Utilities
$71.33: Cable/ Internet
$48.33: Verizon Phone
$128: Health Insurance
$138: Car Insurance
$100: Gas
$27: Gym
——————————————
$1562.22

Total Set Monthly Income (actual, not dreamed)

$3700

Have to put 25% of that into taxes savings account…

$925 into savings account.

Leaving $2775 for monthly spending
MINUS
$1562.22 of fixed costs

——————————————–

That hypothetically leaves
$1212.78 for food, fun, investing, medical spending, extra gas, etc

A reasonable budget would be:

$400: Food
$100: Invest (roth IRA)
$100: Invest: ETF/Stocks
$200: HSA Account for Medical (Need to Set Up!)
$200: Clothes / Makeup
$100: Extra Gas
$112.78: Entertainment

What am I missing?