My Budget and Balancing
ByJames Shirey
Carpentry• Carpentry position at Zaveta
Custom Homes for interior and exterior construction
• located in Doylestown, Pa 18901• paid holidays and medical
benefits• Some on the job training is done• I get paid $14.02 an hour and it is
full time• My gross pay is $1121.60 bi-
weekly• With taxes my net pay is $886.06
http://jobview.monster.com/CARPENTER-Job-Doylestown-PA-107568614.aspx
My Home• I have to live on 417 Rose Lane,
Doylestown, PA 18901 • It is a mobile home• My payment per month would be
$76.00 without taxes• My payment with taxes included
would be $243• It would cost me about $56 per
month for home insurance too ($421.17 per month)
• I would also have to pay $122.50 for utilities.
Working Budget
• It would cost me about $100 a week for food
• Clothing would cost me about $100 per month
• I would need to buy a hunting license for $65.80
• $22 fishing license
Investments
• I want to put $40 in for savings account a month
• I would like to put in $10 in for retirement a month
Banking accounts
• M&T banking• There is no fees for
using the accounts
Truck
• I would use my 1986 Dodge to get to work.
• My insurance rate is $432 every 6 months. Which is $864 a year.
• It would cost me a total of $331 per month
Chart
• This chart shows my money being used for transportation, Banking, home, investments, and working budget.
Sales
Home
Transportation
Banking/investments
Working Budget/lesiure
Findings
• I should spend money more wisely by choosing what is important
• I could put more money away for retirement