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Personal Budget Project Powerpoint 2021

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PERSONAL BUDGET PROJECT

Alyssa Wise
November 11th, 2020
My Salary and
Lifestyle
• Yearly Gross Salary: $40,000
• My spouse's yearly salary: Single
• Children: one 1 year old, a 2-year-old and a
6-year-old
• State where I live and work: Texas
• Income taxes I will pay:
• Federal: $3,142
• State: $0
• Total net income: $40,923.00
• Total monthly income: $3,410.30
Where I Will Live
• Location: Austin, Texas Insert Picture of home on this slide
• Renting/Buying: Buying
• Address:
• Monthly rent or mortgage payment:
$1,077
• Yearly housing cost:
• $12,924
Transportation • Insert image of chosen transportation

• Buying a car?
• No? How will you get to and from work
and what will it cost you?
• Yes? What is the monthly car payment?
Yearly car payment?
• Monthly: $247
• Yearly: 2,964
• Total monthly gas cost?
• $59.62
• Cell phone N/A
• Power Bill 
Monthly $320 •
Additional Living Expenses
Childcare Takes care of kids
Yearly $3,840
• Water Bill  • Clothes $50
Monthly $90
• Entertainment N/A
Yearly $1080
• Cable/Intern 
Monthly $20
Yearly $240
• Health Insurance
Monthly $732
Yearly $8,784
• Car Insurance 
Monthly $175
Yearly $2,088
• Groceries/Eating Out $600
• Pets N/A
• Saving $89.68
Questions
You must type out AND answer each question on this slide. 
Answer must be AT LEAST 3 sentences.
1. The lifestyle I chose was reasonable because I have all the necessities and still have extra money left over. I don’t have a phone, but I
can live without a phone so it's not really a necessity 
2. After completing the budget I would probably change some of my spending choices like maybe since  have extra money do some
fun things with the kids. I could also probably get a better internet package
3. A budget is an effective money management tool because it’s gives you a stopping point. Budgets help you not go over the amount
of money you want to spend. It’s a limit
4. S-My budget is $40,000. M-My goal is to spend my money on necessities first and then extra stuff. A- when I'm spending my money
on internet, I'm going to take int0 consideration we don’t have a phone so we might not need an expensive internet package. R- My
budget of $40,000 is realistic because that’s my yearly salary. T- and I'm going to make sure my budget is not spent in one whole
month because I don’t make $40,000 a month
5.One thing I learned doing this project is a budget is super important because it allowed me to take into consideration the important
things to spend my money on. Another thing I learned while doing this project is buying a phone is expensive and it's not really a
necessity, so you don’t have to have a phone to live. And the last thing I learned while doing this project was kids are
expensive especially when your single and you must make sure you have everything to take care of them which is also very expensive

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