Personal Monthly Budget Worksheet - DOC by hxz24393

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									Name _______________________________

                 Personal Budget WebQuest Worksheet – Final Draft

Part A Finding a House

1. Where is the house?



2. How much does it cost?



3. Which web site did you use?



4. Calculation for payment (write the monthly payment and then multiply by 12).
   15 year mortgage:


   30 year mortgage:




5. What income would you need to afford the house? (Figure above divided by 28%.)
   15 year


   30 year



Part B Finding a Car

1. What type of car?



2. How much does it cost?



3. Which web site did you use?


4. Calculation for payment (write the monthly payment and then multiply by 12).
   Three year (36 month):
5.   What income would you need to afford the car? (Figure above and divide by 12%)




Part C Finding a Career

1. Which occupation did you choose?



2. How much will you make?



3. How much education will you need?




Part D Calculating Your Budget

Calculate your annual budget (how much money you will need each year to live). Multiply your salary by each
of the percentages below (salary x 28%).


                                Salary (Part C #2) x percent.
Housing 28%

Automobile 12%

Utilities 5%

Taxes 16%

Food 18%

Savings 5%

Entertainment 5%

Misc./Other 11%


Part E Revision Analysis

Changes I made? Why?

								
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