Current Financial Situation

Assets:

Checking account: $$1,250$

Emergency fund savings account: $$3,100$ Net monthly salary: $$1,560$

Car: $$4,000$

Liabilities:

Student loan: $$5,400$

Credit card balance: $$400$

Savings:

Regular savings: $$150$

Emergency savings: $$25$

Questions

Income:

Gross monthly salary: $$2,125$

Net monthly salary: $$1,560$

Monthly Expenses:

Rent obligation: $$275$

Utilities obligation: $$125$

Food: $$120$

Gas$/$Maintenance: $$100$

Credit card payment: $$50$

Entertainment:

Cake decorating class: $$35$

Movies with friends: $$50$

$12$

$\frac{\frac{4}{5}}{16}$

$\backslash$table$[[\frac{16}{16}$

Estimate projected spending based on your cash flow statement and maintain records for actual spending for these same budget categories