The Plan: Step 2 - Budget

Okay, here’s our budget. I know we could cut down dramatically, but if this is going to work we have to take it slow and easy. So this is what it looks like on paper.

MONTHLY INCOME $5272

EXPENSES $5040

$1,350.00 Groceries, Sundries, Pet Food 4 weeks
$60.00 Money Order for Bill
$700.00 Gasoline
$400.00 Babysitter
$500.00 Mortgage
$60.00 Land Line Phone
$335.00 Electricity
$50.00 Satellite Internet
$10.00 Webhosting
$35.00 Trash
$57.00 Satellite Television
$45.00 Water
$112.00 Cellular Phones
$342.00 Livestock Feed
$200.00 Credit Card 1 Minimum Payment
$450.00 *Credit Card 2 Payment
$165.00 Auto Insurance
$19.00 Life Insurance
$150.00 Charity

*This is not the minimum for this card. Monthly payments come off this card so I am paying at least that amount, plus another amount.

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