Black Money Business Jobs : A Simple Budget

Discussion in 'Black Money Business Jobs' started by Astrologer4U, Nov 14, 2008.

  1. Astrologer4U

    Astrologer4U Well-Known Member MEMBER

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    Some people don't have a clue on how to budget especially some our young people. I see young people everyday who's elctricity is cut off because they didn't know that they could actually pay the bill. What I mean by that is, if you do a simple budget, you wll be able to see what you have to spend on frivolus things, Bills and paying your self...a savings.

    Here is a simple budget you can do with a simple sheet of paper, it will give you an idea of what you have to work with.

    Let's start with the (least) amount most people make these days which is about 2000.00 a month and this is the least amount. I will use somewhat extreme amounts for bills to be paid.


    Car note--------- 300.00

    Car insurance---- 100.00

    Cell Phone------- 100.00

    Electric bill --------60.00

    Rent--------------700.00

    Cable TV-----------70.00

    Destee.com---------10.00

    Water--------------80.00

    Wireless internet----50.00

    Gas----------------130.00

    Savings-------------100.00



    Total--------------1700.00


    If you get paid twice a week, you have 150.00 per bi weekly to get you to the next pay day. If you get paid once a month you have 300.00 to get you to the next pay day. If you get paid once a week,you will have 75.00 to get your through to next pay day.

    If you don't like what you see, even if you don't want to, you will need to do some obvious cut backs and what you cut back on is up to you. If you don't want to cut back, you will need to find another way to supplement your income. It's that simple...

    Of course the above was only a sample but you would do your budget according to your real earnings and expenses.


    Hope you found the simple way to budget useful.:spinn:

    Forgot to mention food, ones gotta eat. Oh well, all you have to do is readjust the budget, it can still be pretty simple.



    Astrologer4U
     
  2. truetothecause

    truetothecause Well-Known Member MEMBER

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    Greetings Astrologer4U:wave:

    Nice and Timely Post! Thanks for Sharing :bowdown:



    M.E.
    :hearts2:
     
  3. Astrologer4U

    Astrologer4U Well-Known Member MEMBER

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    Thanks Sister truetocause...




    Sister

    Astrologer4U
     
  4. free2b_me

    free2b_me Well-Known Member MEMBER

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    MONEY MONEY MONEY...... MONEY!!

    I wish it were that simple... At least not for me. I wish that was all I had to pay!! what about Credit cards, and garbage. And food,?? what about that?? and of course miscellaneous essentials, like toilet paper, toothpaste etc...and cell phone should not cost $100.. I dont have a car note cuz its paid off (yaaa) but as a homeowner, I also have taxes and homeowners insurance along with a mortagage!! whew, need I say more?? My budget is blown, just trying to keep the boat floating!! Feel me?:em4700:


    XOXOXO sis....
     
  5. Astrologer4U

    Astrologer4U Well-Known Member MEMBER

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    Free2beme, you are right, I forgot to add food but I could go back and readjust to add food. As far as the credit cards, if you have those, you would want to be making more than 2000.00 a month, you get what I mean? Credit cards would need to be thrown out and a serious tight budget would need to be put into place until thsoe cards are paid like no cable television and more books. Or stop talking on the cell or get a Metro cell. You know adjustments.


    The above budget was for a single person making the least amount.



    Free2beme...looks like your budget should be looking more like this...



    House mortgage---------

    Home owners insurance--

    Taxes------------------

    Credit cards------------

    Garbage----------------

    Food-------------------

    Cell Phone--------------

    Car Insurance-----------

    Water------------------

    Electricity---------------

    Home Phone-------------

    miscelanous essentials---



    You fill in the above blanks...

    Did I miss anything, of course I did because a budget is personalized, everyone's expense are different according to their lifestyle and earnings.
     
  6. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

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    It's a must in order to get by or see your way .....Budget! i'm always looking for a way to save a buck
     
  7. free2b_me

    free2b_me Well-Known Member MEMBER

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    Yes, Astrologer 4u, that's about right.. I do have 1 major CC for emergencies and 1 store CC. I save $300 out of each check bi-weekly. I think you should be in control of your debt and it is ok have at least 1 major CC. You need to earmark it for emergencies and or making RSVP for car rentals and the such.. My Macy's CC, if I make a purchase on it or several purchases, I wont make any new charges until I pay off the last bill... It helps to keep me and my pockets in check... It's all about how you handle your debt, that people get mixed up.. I use to be that person, so I know how it can get out of control.. At the end, I was stressed out and broke.. :bye:

    I now have a healthy attitude :jump:with my money and my debt.. If I see something that I want sooo bad, I stop and ask myself, "Do I really need It??":qqb010: or do I just want it, ya know.. If I dont really need a pair of new shoes right now, then why buy it?? I like having money in my pocket more than I like keeping up with the "Jones!!" That being said, it is your relationship with money that people need to build and nuture just like any other relationship. No matter what your income is, you need to become more positive about your loot. You must come to grips with that... Then and only then will you be able to stick to your budget without feeling deprived!! ya know sis


    Free2b_me:blowkiss:
     
  8. Astrologer4U

    Astrologer4U Well-Known Member MEMBER

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    Me to Rich!


    @Free2bme


    You see how Rich be dropping one liners and then heading off to the next adventure, you see what I was talking about? LOL



    Astrologer4U
     
  9. Astrologer4U

    Astrologer4U Well-Known Member MEMBER

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    You couldn't have said it better in wiser words, you got that right free2beme. Gotta have a healthy attitude about your loot...LOL or else you will be having a poor health problem pertaining to your pockets...LOL


    Astrologer4U
     
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