The Saving Advice Forums - A classic personal finance community.

Proposed budget...if I buy this house...

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Proposed budget...if I buy this house...

    Monthly Income:

    $2900

    PITI: $1100
    Utilities: $ 440 (assuming 40% on top of PITI for this)
    Car Insurance $ 50 ($600 a year)
    Gym Membership $ 20
    Food $ 200
    Car Savings $ 50 (Unexpected mechanical things)
    Roth IRA $ 200


    That leaves $840 a month for savings, renovations (that I don't need to get done right away) and entertainment (which...I don't really need much of).

    Car is paid off...no debt...

    My fiance and I get married in Sept. 2009 and that is when we will have his take home salary of $2400 added each month...


    It will stay in my name until we get married.

  • #2
    I think it looks like you can make this work. I love reading other people's budgets! By the way, that is one cheap gym membership. Oh yeah...does the $200 for food count eating out? That would be low for me, but maybe you're good at staying in.

    Comment


    • #3
      Retrofitness.net...very good gym and very cheap!

      I don't really eat out. Maybe $30 a month honestly.

      My fiance is in law school...EXTREMELY frugal. And I have been saving every penny I have and not doing much for entertainment.

      We love going to parks and having picnics...taking hikes at local trails...cheap stuff...haha!

      Comment


      • #4
        Wow! I love reading other peoples budgets too! Great job. I wish I had inherite the frugal gene.

        Comment

        Working...
        X