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How Much MoneyDo I Need To Make?
Monthly Budget
Housing
Apartment--$800.00
Medium House--$1,300.00
Large House--$2,500.00
Extra Large House--$4,000.00
Small House--$1,000.00
Utilities
Small House/Apartment--$200.00
Medium House--$300.00
Large House--$450.00
Extra Large House--$700.00
(Electricity, Water, Sewer, Trash, Telephone, Heat & A/C)
TransportationFixer-up Car--$100.00
Economy Car--$150.00
Medium Priced Car--$250.00
Nice Truck/SUV--$500.00
Sports Car--$1000.00
Gas for Automobile
Small/Medium Car--$200.00
Large Car/Truck/SUV--$300.00
Extra Travel add an additional--$80.00 (long commute or trips out of town each weekend)
Automobile InsuranceFixer-up Car--$30.00
Economy Car--$75.00
Medium Car--$100.00
Nice Truck/SUV--$200.00
Sports Car--$200.00
Car Maintenance
Basic Upkeep--$50.00
Clothing
One outfit a month--$80.00
Dress OK--$200.00
Dress nice--$300.00
Entertainment$100.00--Do not go out much(rent a few movies & out to dinner ata moderate restaurant only once a month.
$200.00--Go out some(go to the movies, out to dinner a 2-3 times a month)
$300.00--Travel some, one nice trip a year, and eat out on a regular basis
Children
$300.00--For each child
Food
Bologna & cheese, Peanut Butter & Jelly--$200.00
Normal food--$300.00
Eat out often--$400.00
Internet
Basic Dial Up--$20.00
High speed--$50.00
Cable
Basic Cable--$15.00(local channels only, no movie channels)
Digital Cable--$60.00(with movie, sports, & news channels)
Communications
Cell phone/450 minutes& 200 text msgs--$45.00
Cell phone/900 minutes& unlimited texting--$80.00
Cell phone/2000 minutes,internet & unlimited texting--$175.00
Personal Hygiene
Low maintenance--$75.00
Medium maintenance--$150.00
High maintenance--$300.00
Add additional $30.00 a monthto join a gym.
Health Insurance
$200.00 per person.(This is for you, your spouse and each of your children.)
Emergency Money
Limited preparation--$100.00
Somewhat prepared--$200.00
Well prepared--$300.00
Retirement
Prepared a little--$100.00
Somewhat prepared--$200.00
Well prepared--$300.00 to $500.00
Miscellaneous
Low maintenance--$200.00
Medium maintenance--$400.00
High maintenance--$600.00