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Unformatted text preview:You must include the following items (including anything else you can think of). Your expenditures should be realistic!!! For example, your rent is NOT going to be $20 per month. Use the internet to help you determine realistic amounts if you're unable to do this on your own. ItemMonthly CostRent/House Payment $ 300 Utilities (gas, electric, water, trash, cable) $ 160 Clothing (you and your kids) $ 150 Daycare $ 250 Transportation $ 80Car Insurance $ 100 Gas $ 160 Healthcare $ 150 Diapers $ 100 Entertainment $ 50Telephone $ 50Groceries $ 120 Total Monthly Expenses $ 1670Step 4: Do you have any money left over? Yes, just a little bit.If so, what should this money probably be spent on? More groceries, diapers, or utilities (pay a month or two in advance) Are there any ways that you could re-budget to save money? Yes, of course. I could always spend less on clothes each month.