Question 1.

question 2.

I graduated from college 3 years ago and just bought my first house. I make $42,000a year for a salary. I get paid $1436.25 (which taxes and my 401K are taken out) on the 1 st and 15 th. My company also pays my health insurance premium. My company does a 100% match on my 401K up to 6% of my salary, so I have been doing that for the last 3 years and have that money and what they matched in my retirement account. I also have been saving $200 a month for the last 3 years that is in my savings account. If I have a surplus when I budget or do my cash flow, I save $200 and put the rest in mutual funds. I have invested $10,500 in mutual funds. I bought my house for $175,000, but it is already appraising for $180,000. My mortgage is for $150,000. I got a 3% interest rate over 30 years, so my monthly payment including taxes is $800 a month. Insurance is $900 a year, but I pay it monthly. Electric is about $75 a month and water is $25. Food generally is around $400 a month. My car payment is $250/ month and car insurance of $50/ month and gas of $200/ month. My cell phone is $50/ month, clothes average $50/ month and fun money is about $100/ month. I tithe 10% of my gross income every month