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It’s been a while since I’ve let you all peek into our monthly budget.  I hadn’t realized that we’ve changed quite a bit.  My husband’s new job raised our monthly income a little and we’ve changed a few of our service providers.  Here is how our budget looks right now:

  • Mortgage – $900
  • Roth IRA – $300
  • Car Insurance – $115
  • Gasoline – $185
  • Electricity – $150
  • Water – $30
  • AT&T U-Verse & DSL- $115
  • Sprint – $140
  • Housekeeper – $130
  • Lawn Services – $50
  • Netflix for Us – $10
  • Netflix for Grandparents – $20
  • Groceries – $350
  • Fast Food / Restaurants – $150
  • Misc. Bills – $125
  • Toll Roads – $100
  • Car and Home Account – $500
  • Joint Entertainment – $50
  • Hubby’s Fun Money – $120
  • My Fun Money – $120
  • Emergency Fund/Savings – $350
  • Vacation Account – $200
  • Tax Account for IRS and Property Taxes – $400
  • Cash for Investments – $240
  • Cash – $150
  • Total Budget = $5000

That comes to $60,000 a year and we make $83,000 jointly ($35,500 from me and $47,500 from my husband). Taxes, the pension, the 401(k) ,our extra 4 paychecks in long months, and our benefits account for the other $22,500 a year.

Unplanned expenses that pop up on the budget are taken from the appropriate target accounts. Extra money from our hobby jobs (blogging and sports officiating) and leftover income is split between the Emergency Fund/Savings account (25%), the Extra Cash for Investments account (35%), the Vacation account (20%), and our two individual Fun Money accounts (10% each).

Before anyone asks, we donate our own fun money to the charities we love to support and that amount varies month-to-month.  That is why you don’t see giving in our budget.

I am hoping to show through our story that a school librarian and an office worker can budget their money to pay for our needs, our future, and the fun stuff along the way.   🙂