So, my budget has to change to account for a couple of things: My paychecks are back to $800 (Probably something involving taxes), I have to start paying the regular payment for my Direct loans in August, and we're moving which could be for the better or worse financially depending on cost of rent, utilities, etc.
Average monthly income: $1600 (800*2)
Monthly Expenses (Until we move)
1/2 rent: 462.50
1/2 utilities: 100 (summer)
gym: 21
monthly transit pass: 86 (paid w/ credit card)
groceries: 100 (paid w/ credit card)
cell phone: 55 (paid w/ credit card)
Total: 824.50
Debt Repayment:
Citi Loan: 500
Perkins: 63.64
Direct Loans: 80.16
Total: 643.80
Savings:
ING: 10
Chase: 25
Total: 35
Debt 643.80 + Fixed Expenses (824.50) + Automatic Savings (35) = 1503.30
Income (1600) - Everything = 96.70 (Extra money!)
Obviously this budget doesn't account for yearly expenses like for the pets, contacts, traveling, etc. However, I was very concerned about the extra loan payment so the fact that this looks doable is exciting to me. My boyfriend is aware that things are going to be extra tight though so this means no movies, eating out, etc. unless we save for it first.
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