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| Yearly Cost | % Expenses | % Income | Expense Name |
| $1560 | 7% | 5% | car insurance |
| $1800 | 8% | 6% | health insurance |
| $480 | 2% | 2% | internet |
| $3500 | 16% | 12% | tuition |
| $4800 | 21% | 16% | food |
| $720 | 3% | 2% | cell phone |
| $9600 | 43% | 32% | rent |
Yearly Expense List|
Total Yearly Spending: $22460 -------------------------------- Total Yearly Income: $30000 |
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Savings: Potential Yearly Savings (from income): $7540  Explain this figureCurrent Savings (from bank accounts): $4050 Explain this figureInterest Earned Each Year: $49 Explain this figureYearly Discretionary Spending Power: $11639 Explain this figure | |
| Expense Ratio: 25% Income / 75% Expenses What is a good income/expense ratio? | |
| Discretionary Income (If used, will deplete savings.) What is discretionary income? Daily spending limit: $21 Weekly spending limit: $145 Monthly spending limit: $628 | |
| At this rate, you are able to save:
$22767 in 3 years $37945 in 5 years $75890 in 10 years | |
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Your Financial SnapShot