Name: _______________________________________________________________________________ Create a Budget! Directions: Using your career card and paycheck worksheet, please fill in the information below Career: ________________________________ Gross Yearly: $___________________________ Total Deductions: $_______________________ Net Monthly: $__________________________ Using your net monthly income, create a rough budget for yourself based on the information below. Food 20% x net monthly income = $_____________________________________ Housing 20% x net monthly income = $_____________________________________ Insurance/Loans 10% x net monthly income = $_____________________________________ Transportation 15% x net monthly income = $_____________________________________ Savings 10% x net monthly income = $_____________________________________ Misc 25% x net monthly income = $_____________________________________ ***Use this as a guide to create a budget on the next page*** Directions: Create a budget, using the Budget Categories page, based on your salary information and rough budget from the previous pages. You are permitted to exceed your rough budget category amounts, but your budget should not exceed your NET MONTHLY INCOME. CATEGORY EXPENSES: Monthly Rent Transportation Phone Television Internet Insurance Savings Student Loans Food Miscellaneous Spending Money EXPENSES SUBTOTAL TOTAL EXPENSES (Fixed+Variable) FIXED VARIABLE