Sample Budget for a $30,000 per year salary
This is a sample budget for a $30,000.00 per year gross salary. A Budget can be a useful tool and provide you with a guide to make good choices. Budgets are not carved in stone. Please take a few minutes to list your own financial budget. If, for example, it is important for you to purchase a $2.00 cup of coffee from the local coffee shop every day that is a choice you can make. Keep in mind that will cost about $60.00 per month that will not be available for other expenses. A budget will help you to make choices about what you would like to financially accomplish, such as saving for a car, vacation, or home; paying off your current loans; or whatever it is that you decide is important. Good luck!
Sample Budget
| Sample Budget on $30,000 (Gross Salary) | $30,000.00 |
| Less 25% taken out in taxes, etc | -$7,500.00 |
| Take home pay (Net Income) | $22,500.00 |
| Monthly income | $1,875.00 |
| Less Monthly Expenses | -$1,535.00 |
| What's left over? | $340.00 |
| MONTHLY EXPENSES | |
| Rent | $500.00 |
| Utilities | $150.00 |
| Student Loan ($20,000 5% 120 payments) | $215.00 |
| Food ($15 per day) | $450.00 |
| Automobile: Gas ($30.00 per week) | $120.00 |
| Automobile: Insurance ($900/year) | $75.00 |
| Automobile: Maintenance ($600/year) | $25.00 |
| Automobile Payment | |
| Cable Television | |
| Internet connection | |
| Clothing | |
| Entertainment | |
| Unreimbursed Medical expenses | |
| Savings | |
| Other Loans | |
| Taxes | |
| Haircuts | |
| Pet food & supplies | |
| Renters Insurance | |
| Laundry | |
| Miscellaneous Expenses | |
| Credit Cards | |
| TOTAL MONTHLY EXPENSES | $1,535.00 |
| RENTAL START-UP COSTS | |
| First and Last months rent | |
| Damage deposit | |
| Utility Hookups | |
| Moving expenses | |
| Basic supplies | |
| Miscellaneous |
