Household Budget  

 

 

 

 

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Household Budget  

 

 

 

 

 

 

 

 

 

MONTHLY NET INCOME:

 

   Heath: $2000 p/mth (or $462 clear per week (net, after tax)).

Note: (($462 x 52 weeks) / 12 mths) = $2000 monthly net income

    • Melissa: $260 p/mth (or $60 p/week)

 

   Total Combined Net Income: $2260 p/mth (or $520 p/w).

 

 

 

MONTHLY EXPENSES:

 

JULY 2005

Mortgage Payment

Anticipated Expense

Actual Expense

ANZ Home Loan

$744

$744

Food

$400

$430

Car Reg, Insurance,

Servicing

$167

$167

Car Petrol Costs

$80

$70

Bills (Elec, Gas, Telstra)

$120

$110

Clothing

$80

$80

Entertainment (video hire,

movies, meals out)

$120

$140

Miscellaneous expenses /

purchases / repairs

$100

$50

Car Loan

$151

$151

ANZ Visa Card

$68

$68

Coles-Myer Card

$38

$38

Total:

$2068

$2048

 

 

   Monthly Net Income = $2260

   Monthly Expenses (rounded) = $2060

   Disposable Income (Monthly Net Income – Monthly Expenses) = $200 p/mth

 

 

 

 

 

The Financial Advisor program can be used in conjunction with our Debt Reduction strategies to set & monitor your budget and become Financially Free sooner! Learn more about
Financial Advisor

Financial Advisor

 

 

 

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