I have never made a budget before, but I tried last night. I need some help, or someone to tell me if this seems ok.
Credit Card - $40/month
Cell Phone - $40/month
Mastercard - $20/month
Food - $100/week, $400/month
Entertainment - $25/week, $100/month
Gas - $50/week, $200/month
Car Insurance - $130/month
Personal - $40/month
Money Owed - $500/month
Save - $500/month
Extra - $30/month
The Money owed is money that my boyfriend owes. We want to pay it off in large amounts to get it done quickly because it is almost $2,000. We might even use the save money to pay it off because it needs to get done so we can save. Once that is gone the credit cards will start to get paid off with bigger amounts (but that is not that much, they don't have huge limits). I had an extra $30 and wasn't sure where to put it.
This is all new to me. I have always been able to just spend my paycheques but I really need to save.
Credit Card - $40/month
Cell Phone - $40/month
Mastercard - $20/month
Food - $100/week, $400/month
Entertainment - $25/week, $100/month
Gas - $50/week, $200/month
Car Insurance - $130/month
Personal - $40/month
Money Owed - $500/month
Save - $500/month
Extra - $30/month
The Money owed is money that my boyfriend owes. We want to pay it off in large amounts to get it done quickly because it is almost $2,000. We might even use the save money to pay it off because it needs to get done so we can save. Once that is gone the credit cards will start to get paid off with bigger amounts (but that is not that much, they don't have huge limits). I had an extra $30 and wasn't sure where to put it.
This is all new to me. I have always been able to just spend my paycheques but I really need to save.