rate 7) Your monthly budget (12 points): When you first start out working and collecting a salary it is a good idea to have a budget. Let's budget what some of your main items will be. Let's say your starting salary is $70,000/year. Let's say you get to keep $40,000/year of this after taxes. What is your monthly budget? Estimate each of these and then subtract the per month costs from the per month salary. Salary you keep per month Less Rent Estimate per month Less Food Estimate per month Less Clothing Estimate per month Less Car expenses (gas and maintenance) per month Less Utilities/Cable per month Other, for Amount left per month if you think of something else