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Prepare a comprehensive monthly budget for the position assigned below. You will need to research...

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Accounting

Prepare a comprehensive monthly budget for the position assigned below. You will need to research typical costs such as housing, transportation, and utilities. Compute monthly payments for liabilities and include all anticipated expenses and savings. Be sure to consider Fixed Expenses, Variable Expenses, and Irregular Expenses. PREPARE A MONTHLY BUDGET.image

OCCUPATION Annual Income (GROSS) Teacher (Kz) 40,000 Carrborro, no Location LIABILITIES 150,000 Mortgage 2.87%/30 year (or do you rent) School Loan 5.8% / 10 years Unsubsidized 37,000 Car Loan 5.27%/5 years ZO,000 3,000 Credit Card 19.49% 3% is min payment ASSETS Cash Savings 1500 EXPENSES Rent Find an actual apt Taxes Look up Fed'l Tax Bracket Use 5.25% for NC State Other Expenses Fixed Variable Irregular What other fixed expenses? What are your variable expenses? What are your irregular expenses

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