So I am just finishing up my last semester of school and I am just trying to make my prospective monthly budget after I graduate. Hypothetically speaking I should be earning $40-45k when I move from my internship to the full-time position. But I will just be conservative and use the $40k in computing the budget.
$40,000/12 = $3,333.33 pre-tax take home
30% = $1,000 Rent w/utilities
30% = $1,000 Student Loan Payments
7.65% = $255 Withheld Taxes
6% = $200 Groceries
6% = $200 401(k) Contribution
6% = $200 Personal Expenses
1.5% = $50 Gas
12.85% = $428.33 Savings
Thank you! Edit: Formatting
Submitted April 03, 2017 at 07:57AM by IHazGoodName http://ift.tt/2n3KCXL
