Final Budget Sheet

STUDENT NAME
OCCUPATION for PROJECT
YEARLY GROSS SALARY
TAXES (20% OF GROSS SALARY)
YEARLY NET INCOME (GROSS - TAXES)
MONTHLY NET SALARY (divide by 12)
To compute a projected budget for your project, calculate the percentages of your monthly gross salary to estimate your available dollars. The categories are set for you so that you simply multiply your monthly gross salary by the percentage figure to project an estimated dollar amount to spend. The items underlined below (hyperlinks) are ones that will need to be researched and will most likely have ACTUAL dollar amounts different from the ESTIMATED amount.

ESTIMATED $	%	CATEGORIES	ACTUAL %	ACTUAL $
	10%	SAVINGS
	23%	*HOUSING*
	2%	UTILITIES
	2%	RENTER’S INSURANCE
	12%	*AUTOMOBILE PURCHASE*
	3%	AUTO MAINTENANCE
	3%	*AUTO INSURANCE*
	14%	FOOD
	4%	*CLOTHING*
	2%	MEDICAL CARE
	5%	*ENTERTAINMENT*
	2%	*LIFE INSURANCE*
	2%	MISCELLANEOUS/ALLOWANCE
	4%	RETIREMENT PLAN/MUTUAL FUND
	5%	STUDENT LOAN
	5%	GIFTS/WEDDINGS/BIRTHDAY/VACATION
	2%	CHARITABLE DONATIONS
	100%	TOTAL