So in a perfect world this would be my 1500.00 Budget
Rent 620.00
Car Payment 275.00
Car Insurance 65.00
Renters Ins. 15.00
Electric 50.00
Phone 55.00
Internet 20.00
Gas 150.00
Food 150.00
Debt Snowball 50.00
Savings 50.00
Any amount over 1500 would be split in half with one half going to savings and the other half going to debt. After I get my Emergency Fund established, I will start giving myself a bit of an allowance...as of right now, whatever I am able to save from my Food Budget is mine to do whatever I want with:)
Also out of my food budget comes my laundry expense of 20.00 a month.
If you notice in my side bar, there are 3 funds listed...I over budgeted on a few things so the excess will go into one of these funds...for instance, I budget 150 for gas...if I only spend 120 for that month I will have 30.00 to go into my car fund. This will be used for maintenance and etc for my car. The same goes for the apt fund and utilities fund.
I'm excited to try this budget out in October!
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