Expenses

As shown in the Income page, I will have $5,000 per month after taxes. So what will I spend that money on? Well, obviously I will have obligations to keep to a basic standard of living. One example is food, or utilities. These are all known as Expenses. Some expenses will be paid once a year, but to make such expenses tolerable – I will always budget them in a monthly budget so when it is time to pay those annual expenses, it is no so much of a sting. The expenses are as follows

  • Amazon Prime: $10
  • Bus Fare: $20
  • Cellular Phone: $75
  • Clothing: $50
  • Dog Food: $40
  • Electric: $0 (Solar Panels)
  • Eye Glasses: $50
  • Food: $250
  • Gas: N/A
  • Health Insurance: $150
  • Hosting: $10
  • Hulu: $10
  • Hygiene: $10
  • Internet: $75
  • Netflix: $10
  • Pandora: $10
  • Personal Computer: $100
  • Phone Service: $60
  • Property Insurance: $100
  • Property Taxes: $100
  • Security System: $25
  • Trash: N/A
  • Vet: $50
  • Water/Sewage: $75
  • Miscellaneous: $720

All together, expenses will be about $1,300. With $5,000 as income, this will provide $3,700 for any unexpected expenses, and funds to do with what is not in the budget. This could include music purchases, domain registrations, and video rental/purchases to name a few things.