|
Monthly
expenses
George and Gayle Franken
|
|
|
Current
|
Change
|
Future
|
Comments
|
| Housing |
$2,040
|
($60)
|
$1,980
|
Get rid of PMI. |
| Utilities |
$390
|
|
$390
|
OK |
| Car
expenses |
$330
|
|
$330
|
OK |
| Medical
expense |
$40
|
|
$40
|
OK |
| Telephone
|
$40
|
|
$40
|
OK |
| Groceries |
$300
|
|
$300
|
OK |
| Household |
$100
|
|
$100
|
OK |
| Home repairs |
$430
|
($270)
|
$160
|
No major repairs are on
the horizon. |
| Clothes/laundry |
$200
|
|
$200
|
OK |
| Movies |
$30
|
|
$30
|
OK |
| Gym |
$60
|
|
$60
|
OK |
| Recreation |
$200
|
|
$200
|
OK |
| Student
loan payment |
$100
|
($100)
|
-
|
Use Gayle's temporary
earnings to pay off student loan. |
| Magazines/newspapers |
$40
|
|
$40
|
OK |
| Gifts |
$50
|
|
$50
|
OK |
| Dining
out |
$200
|
|
$200
|
OK |
| Barber/beauty
salon |
$30
|
|
$30
|
OK |
| Travel |
$170
|
|
$170
|
OK |
| Charity |
$80
|
|
$80
|
OK |
| ATM withdrawals |
$200
|
|
$200
|
OK |
| Saving |
$70
|
($70)
|
-
|
$13,000 in savings should
be enough. |
| Investing |
|
$500
|
$500
|
Invest surplus in tax
friendly mutual funds. |
|
Total monthly expenses
|
$5,100
|
-
|
$5,100
|
George's current net income is $5,100.
|
-- Posted: May 4, 2001
|