Since this blog is all about managing your money, I like to share our monthly budget.
Here is how our budget looks right now:
- Mortgage (only until May 2012 hopefully) – $900
- Roth IRA – $300
- Health Insurance – $315
- Life Insurance– $30
- Car Insurance – $110
- Gasoline – $150
- Electricity – $150
- Water – $30
- AT&T U-Verse & DSL- $115
- Sprint (smart phones and unlimited data) – $140
- Housekeeper – $130
- Lawn Services – $50
- Netflix for Us – $10
- Netflix for Grandparents – $20
- Groceries – $300
- Fast Food / Restaurants – $300
- Misc. Bills – $150
- Toll Roads – $50
- Car and Home Account – $500
- Joint Entertainment – $50
- Hubby’s Fun Money – $100
- My Fun Money – $100
- Emergency Fund/Savings – $250
- Vacation Account – $50
- Tax Account for IRS and Property Taxes – $400
- Cash for Investments – $200
- Cash – $200
- Total Budget = $5100
That comes to $61,200 a year and we now make about $180,000 a year through blog advertising and Crystal-For-Hire. Taxes eat a big ol’ bite though – at least 33%.
Unplanned expenses that pop up on the budget are taken from the appropriate target accounts. Extra money from sports officiating and leftover income is usually split between the Emergency Fund/Savings account (25%), the Extra Cash for Investments account (35%), the Vacation account (20%), and our two individual Fun Money accounts (10% each). Although we put that on hold until our house is paid off, it should be returning to normal by June 2012. You can also go over and see exactly How I Budget.
I am hoping to show how a normal couple can budget their money to pay for our needs, our future, and the fun stuff along the way. 
