31 Days To Fix Your Finances, Day 12

31 Days To Fix Your Finances, Day 12: A Flexible “Budget” That Reflects Your Reality

Today, we take the list we made yesterday and multiple the hours by 52 (to get the yearly amount) and then divide by 12 (to get the monthly amount). We then multiply those numbers by our hourly wage to get a true budget.

Mortgage__________ 43.68___$549.93
Phone _____________5.55___ $ 69.83
Electricity___________5.94___$ 74.74
Gas________________1.17__ $ 14.73
Fuel_______________ 3.2___ $174.58
Water/Trash_________3.94___$ 49.65
Student Loan________14.26___$179.49
Car Insurance________6.33___ $ 79.65
Car Tags____________1.26___$ 15.82
Inspection Stickers_____0.13__ $ 1.64
Car maintenance______ 0.95___$ 12.00
Home Insurance______ 3.94___$ 49.65
Property Taxes______11.87___ $149.49
Maintenance Fee______2.34___$ 29.46
Groceries__________23.79___ $299.52
Kids' Activities_______1.56___ $ 19.64
School Lunches______ 2.3_____$ 28.92
Car Payment _______1.17_____$ 14.73 (notice, this is prorated for the 1 payment)
Paper Products _____0.78_____$ 9.82
Gifts_____________9.92_____$124.93
Cable ____________10.31____$129.84
Entertainment ______0.39____$ 4.91
Clothing ___________1.3_____$ 16.37
Eating Out _________4.72____$ 59.47
Medical ___________1.95____$ 24.55
Incidentals________17.42____$219.32
Credit Card_______82.18___$1,034.67
TX Master Naturalist_4.33____$ 54.56
Certified Arborist____6.5____$ 81.84
529 plan_________64.85____$816.44
organic foods______4.33____$ 54.56
Grow a garden_____2.17____$ 27.28