GilpinTutorial3_Session2.(1)

GilpinTutorial3_Session2.(1) - Drake Family Budget Author...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Drake Family Budget Author Peyton Gilpin Date 9/9/2010 Purpose To create a monthly budget for Glenn and Diane Drake and to come up with a savings plan for a future home purchase
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Drake Family Budget Projected for Year Ending Dec 31, 2010 Monthly Take-Home Pay School Summer Savi Diane 2,500 2,500 Glenn 950 1,800 Total 3,450 4,300 Total Take-Home Pay 43,950 Home Savin Monthly Average 3,663 Monthly Tran Monthly Minimum 3,450 *Only during Monthly Maximum 4,300 Total Expenses 35,840 Monthly Average 2,987 Monthly Minimum 2,265 Monthly Maximum 5,170 Jan Feb Mar Apr May Pay Diane 2,500 2,500 2,500 2,500 2,500 Glenn 950 950 950 950 950 Total 3,450 3,450 3,450 3,450 3,450 Expenses Rent 850 850 850 850 850 Food 650 650 650 650 650 Utilities 225 210 175 165 120 Phone 75 75 75 75 75 Car Payments 175 175 175 175 175 Insurance 125 125 125 125 125 Tuition 1,900 0 0 0 0 Books 700 0 0 0 0 Travel 190 120 150 450 120 Miscellaneous 150 150 150 150 150 Total 5,040 2,355 2,350 2,640 2,265 Net Cash Flow
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

GilpinTutorial3_Session2.(1) - Drake Family Budget Author...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online