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MONTHLY NET INCOME:
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Heath: $2000 p/mth (or $462 clear per week (net, after tax)). |
: (($462 x 52 weeks) / 12 mths) = $2000 monthly net incomeNote
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Melissa: $260 p/mth (or $60 p/week)
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Total Combined Net Income: $2260 p/mth (or $520 p/w). |
MONTHLY EXPENSES:
JULY 2003
|
Mortgage Payment |
Anticipated Expense |
Actual Expense |
|
Aussie Home Loans |
$744 |
$744 |
|
Food |
$400 |
$430 |
|
Car Reg, Insurance, Servicing |
$167 |
$167 |
|
Car Petrol Costs |
$80 |
$70 |
|
Bills (Elec, Gas, Telstra) |
$120 |
$110 |
|
Clothing |
$80 |
$80 |
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Entertainment (video hire, movies, meals out) |
$120 |
$140 |
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Miscellaneous expenses / purchases / repairs |
$100 |
$50 |
|
Car Loan |
$151 |
$151 |
|
ANZ Visa Card |
$68 |
$68 |
|
Coles-Myer Card |
$38 |
$38 |
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Total: |
$2068 |
$2048 |
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Monthly Net Income = $2260 |
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Monthly Expenses (rounded) = $2060 |
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Disposable Income (Monthly Net Income – Monthly Expenses) = $200 p/mth |
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