Prepare a comprehensive monthly budget for the position assigned below. You will need to research typical costs such as housing, transportation, and utilities. Compute monthly payments for liabilities and include all anticipated expenses and savings. Be sure to consider Fixed Expenses, Variable Expenses, and Irregular Expenses. PREPARE A MONTHLY BUDGET.

 

Transcribed Image Text:

OCCUPATION 40,000 Carborro, NC Annual Income (GROSS) Location LIABILITIES 00,000 Mortgage 2.87% /30 year (or do you rent) 37,000 School Loan 5.8% / 10 years Unsubsidized 70,000 Car Loan 5.27% /5 years Credit Card 19.49% 3,000 3% is min payment ASSETS Cash Savings 500 EXPENSES Rent Find an actual apt Taxes Look up Fed'l Tax Bracket Use 5.25% for NC State Other Expenses Fixed Variable Irregular What other fixed expenses? What are your variable expenses? What are your irregular expenses? OCCUPATION 40,000 Carborro, NC Annual Income (GROSS) Location LIABILITIES 00,000 Mortgage 2.87% /30 year (or do you rent) 37,000 School Loan 5.8% / 10 years Unsubsidized 70,000 Car Loan 5.27% /5 years Credit Card 19.49% 3,000 3% is min payment ASSETS Cash Savings 500 EXPENSES Rent Find an actual apt Taxes Look up Fed'l Tax Bracket Use 5.25% for NC State Other Expenses Fixed Variable Irregular What other fixed expenses? What are your variable expenses? What are your irregular expenses?