#ws10

[foottoe101001]

stop deleting my fake headless im going to jump you @ Roblox 👿

[burakm-effect]

Kenetlenin!

[burakm-effect]

Babadan oğula bir sevda GALATASARAY!

[feelingtheblank]

[burakm-effect]

Wesley Sneijder

[janieric2015-blog]

Nia’s Reflection

I enjoyed this worksheet because I got to ask my mother for help with it, and we got to sit down together to talk. This budgeting exercise opened my eyes up to how many things a family has to keep track of. Coming from a family where spending and saving is not tracked too closely, it is refreshing to be able to feel organized in monetary terms. I feel like I will definitely use this spreadsheet in the future when I really do have to budget for my future family. It’s a useful tool not only to set goals, but to see which were met, and improve upon keeping track of those costs for next month.

[janieric2015-blog]

Budgeting

What is your gross combined income?

All three of our gross combined income is $249, 840

To find your net income, multiply by .25 and subtract this figure from the gross income to determine your net income.

$187,380

Divide your net income by 12 to determine monthly income.

$15,613

Put 5-10% of salary in savings for your retirement.                      

$1,093.05

Put 5-10% of your annual salary away for your children’s college education.

$11,243

If you plan on sending your kids to private elementary and high school you’re going to need to put more money away (about 3-5% per child).

$7,496