<< Back to all Blogs
Login or Create your own free blog
Home > 2014 Budget

2014 Budget

December 29th, 2013 at 06:44 am

I ran the numbers and although my income is somewhat variable due to being self-employed, it was easier to work out than I thought it would be. I figured low and if I make more than what is budgeted, I will give myself a quarterly bonus that will be split between debt repayment and my IRA.

Household (includes entertainment and insurances etc.): $2583 per month

Savings: $325 per month
$26.50 per week to EF (equivalent to 52 week challenge)
$15 per week to short term/sinking fund
$145 per month to IRA (Low I know, but it is what it is)

Debt repayment: $520 per month
Car: $400 per month (payment is $361.15, but I round up)
Student Loans: $120 per month (IBR)

Total: $3428 (after taxes)

1 Responses to “2014 Budget”

  1. rob62521 Says:

    Looks like a good budget. It looks like you have come close to your 2013 goals too.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]