Saturday, February 23, 2008

Budget for March

I followed Dave Ramsey's idea on spending every dollar coming in on paper before the month gets here. For March I will get my raise, which brings me to making $15.20 an hour. The break down is pretty simple. However, it's made me realize that I'm not really making that much money! After I wrote down all my regular monthly expenses, I was shocked at how little was left to distribute to groceries, personal care, copays, etc. Essentially I cannot live on what I make! I don't get another raise until September! I have been working overtime on the weekends, which hopefully will continue. Here's my breakdown for March:

Start with 2635

10% 401k 263.5
Taxes at 28% 664.02
Union Dues 37.00

That leaves 1370.48

Rent 399
Renter's Insurance 9
Car Payment 300
Car Insurance 90
Gasoline 100
Electric 40
Gas 80
Internet 40
Cell 50

That leaves 262

Pets 25
Grocery 150
Blow/Misc 87

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