Budget It Up!

April 20, 2009

Moneyz

Moneyz

Monthly Budget

 

Total Income: $1,200 a month until I get a job. Then it could be as much as $2,000 a month.

Housing and Utilities: $678.33 per month (Included in school payment) http://www.scad.edu/admission/tuition/2009-2010.cfm

Transportation: $80 a month including any home visits I may take. I don’t have much need to use my car that often in Atlanta. With Marta I can pay $40 a month for a student discount leaving $40 extra (or roughly two tanks of gas) for emergency situations or a trip home (which averages at just under a tank and a half). http://www.itsmarta.com/howto/fares.htm

Groceries/Meal Plan: Meal Plan amounts to $453.33 a month. After that I can live off the usual cheap college food. Eight cups of Ramen at 26 cents a cup, 8 servings of canned food at $2.19 a can equates to $19.06 a month.  Thus giving me a total food cost of $472.93 a month (ouch).

Entertainment: If I was to go to the movie theater three times a month at an average of $8.50 a screening,and use netflix at $17.99 a month that equates to . Add an additional $150 for buying clothes every now and then and going out to eat and you have a total entertainment cost of $193.49.

Savings: $50 a month seems like a reasonable amount to put into savings.

Total Expenses: $1474

Budget Balance: Without Job: -274.75  With Job: $525.25

Reccomendations: I have to reduce entertainment costs. Though I doubt going to the movies less would help much. Reducing entertainment costs wouldn’t make much difference if I got so depressed from lack of movies that I killed myself. I would manage as long as I could though.

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