CLC Budgeting 1

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Housing Vehicle Furniture Bedroom Set Electronics Housewares

BUDGETING YOOMIN LEE


HOUSING
Monthly rent: $4495 x 12 = Annual Rental Cost $53,940
$53,940 / 2 = $26,970 (Roommate: Paul Jeon)

Annual Cable & Internet: $100 x 12 = $1200


Annual Electricity:($0.10 per squate foot) $91.8 x 12 =
$1101.6

Total Annual Cost for Housing: $29276.6


2013 HYUNDAI SONATA LIMITED

VEHICLE COST: $9995


CAR LOAN PAYMENT: $186.51 X 12 = $2238.12
QUOTE: $6000
MONTHLY INSURANCE: $500
FUEL: $250/MONTH X 12 = $3000

TOTAL ANNUAL COST FOR VEHICLE: $11238.12

VEHICLE
FURNITURE

Dining SOFA: IKEA PARUP SOFA, WISSLE GRAY


SOFA COST: $499.00
TAXES: $59.88
TOTAL COST FOR SOFA: $558.88

COFFEE TABLE: IKEA FROTORP COFFEE


SOFA TABLE, ANTHRACITE MARBLE EFFECT/
BLACK GLASS
COFFEE TABLE COST: $169.00
TAXES: $20.28
COFFEE TABLE TOTAL COST FOR COFFEE TABLE: $189.28

DINING TABLE & CHAIRS: IKEA SANDSBERG


DINING TABLE $ CHAIR COST: $199.99
DINING TABLE TAXES: $24.00
TOTAL COST FOR DINING TABLE & CHAIRS:
223.99

CHAIRS

Coffee
shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe shodwe

BEDROOM SET

BED: IKEA SONGESAND BEDFRAME, WHITE, DRESSER: IKEA SKUBB ORGANIZER


FULL/DOUBLE DRESSER COST: $13.99
BED COST: $239.00 TAXES: $1.68
TAXES: $28.68 TOTAL COST FOR DRESSER: $15.67
TOTAL COST FOR BED: $267.68
DESK: IKEA MICKE DESK WHITE
MATTRESS: IKEA VADSO SPRING MATTRESS, DESK COST: $75.00
FULL TAXES: $9
MATTRESS COST: $199.00 TOTAL COST FOR DESK: $84.00
TAXES: $23.88
TOTAL COST FOR MATTRESS: $222.88 BEDDING SET: IKEA VITLOVER DUVET COVER
AND PILLOWCASE
BEDDING SET COST: $39.99
TAXES: $4.80
TOTAL COST FOR BEDDING SET: $44.79
ELECTRONICS

TELEVISION: AMAZON LQWELL MINI PROJECTOR COMPUTER: BESTBUY ASUS CXI 14” CHROMEBOOK MICROWAVE: BESTBUY INSIGNIA NS-MW07SS7-C
TELEVISION COST: $109.99 COMPUTER COST: $249.99 MICROWAVE COST: $69.95
TAXES: $4.80 TAXES: $29.99 TAXES: $8.39
TOTAL COST FOR TELEVISION: $123.19 TOTAL COST FOR COMPUTER: $279.99 TOTAL COST FOR MICROWAVE: $78.34
HOUSE
WARES
DISHES: WALMART THYME & TABLE Cups and glasses: Walmart Better Homes Kettle: BestBuy Hamilton Beach Electric
DINNERWARE GREY DRIP STONEWARE & Gardens Josie mixed size Drinking Kettle 1.7L
DISHES COST: $54.00 Glasses Kettle Cost: $39.98
TAXES: $6.48 Cups and Glasses Cost: $21.14 Taxes: $4.80
Taxes: $2.54 Total Cost: $44.78
TOTAL COST: 60.48
Total Cost: $23.68
Setr of Pots and Pans: Walmart Carote
CUTLERY: WALMART VESTEEL 24 PIECES Blender: Walmart Vavsea 1000W Smoothie 14pcs Pots and pans set
BLACK SILVERWARE Blender Pots and Pans Cost: $59.99
CUTLERY COST: $21.99 Blender Cost: $49.99 Taxes: 7.20
TAXES: $2.64 Taxes: $5.99 Total Cost: $67.19
TOTAL COST: $24.63 Total Cost: $55.99
Annual Housing Cost: $29276.60
+

ADD UP Annual Vehicle Cost: $11238.12


+
Furniture: $972.15/2 = $486.08
+
Bedroom Set: $635.02

TOTAL
Will I have Enough?
+
Electronics: $481.52/2 = $240.76
Net Income - Total Annual Expenses = Disposable
+
Income/ Savings.
Housewares: $276.75/2 = $138.38

COST
+
$45,397.00 - $51814.96 = -$6417.96
Annual Grocery Cost: $3600
+
No, I do not have enough money.
Annual Entertainment: $2400
+
Annual Clothing: $1800
+
Annual Music: $2000
=
Total Annual Expenses: $51814.96

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