My net income is approximately $4,040 after taxes, 401(k), HSA, etc., and I'm paid twice a month, on the 15th and the last day of the month. I use GoodBudget to keep track of my spending. My monthly budget is as follows:
- Mortgage/HOA: $839.02 (this may go up in April, when the bank re-evaluates my escrow to ensure they're collecting enough for taxes and insurance, although I should have enough in my short-term savings account to cover the shortage)
- Car: $240 (includes car payment - $154.15 - and the remainder is for gas and maintenance)
- Savings: $820 (car insurance, $100; car repairs, $80; house maintenance, $120; vacation, $300; cat care, $170; gifts fund, $50)
- Student loan payments: $342.75 ($265.78 is for federal loans, which are currently paused, so I'm using the money to pay down my credit cards, and $76.97 for my private loan, which is also getting $100 extra each month from a program at my work that helps pay down our student loans)
- Bills: $249 (electricity, $98; Google Fiber, $70; Netflix, $14.06; gym, $24.99; NYTimes, $18.09; PBS, $5.15; laundry, $15)
- Credit cards: $1,135
- Groceries: $280
- Entertainment: $174.23
Month-end
- Groceries: 200
- Car: 240
- Car savings: 180
- Bills: 249
- Mortgage/HOA: 839.02
- House repairs: 120
- Entertainment: 76.98
- Credit cards: 135
15th
- Student loans: 342.75
- Groceries: 80
- Credit cards: 1000
- Vacation: 300
- Entertainment: 97.25
- Cats: 170
- Gifts fund: 50
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