My husband will actually be starting a new job on February 1st. His base salary will remain the same ($75,000) but his commission potential (on target earnings) will go up (to $150,000), so we will hope for the best but plan for the worst. In other words, to start out I will plan our budget without planning for any commission at all.
(On the other hand, he will probably be getting some extra money from his old job for vacation days he didn't take, etc. And, we are waiting to see how much his last big commission check will be - maybe as much as $10,000, which will finish our Emergency Fund with a little left over. So, we'll see how it all pans out.)
I have also budgeted low ($100) for my Jewelry Income. I am only doing one craft show in February (there aren't that many around) and I can't allocate too much of my earnings for income because I need a lot of money up front to sign up for the many craft shows throughout th year.
So, basically, I am planning our budget very conservatively.
The Misc. of $250 is for the bridesmaid dress I will be getting to be in my sister's wedding. The Kid's Misc. of $52 is for my daughter's dance lessons.
| EXPENSES | Feb-10 |
| AUTO-Excise Tax | $0 |
| AUTO-BR Gas | $160 |
| AUTO-Insurance | $119 |
| AUTO-Maintenance | $0 |
| CASH-Clothing | $0 |
| CASH-Dining Out | $120 |
| CASH-JR Gas | $120 |
| CASH-Gifts | $160 |
| CASH-Grocery | $450 |
| CASH-Kids Allowanc | $48 |
| CASH-Parties | $0 |
| CASH-School Lunch | $36 |
| CASH-Spending | $160 |
| HOME-Cable/Phone | $160 |
| HOME-Electric | $140 |
| HOME-Mortgage | $2,345 |
| HOME-Oil | $350 |
| HOME-Water | $0 |
| HOME-Trash | $0 |
| HOME-Snow Plow | $40 |
| KIDS-Bball | $0 |
| KIDS-Misc. | $52 |
| KIDS-Piano | $0 |
| MISC. | $250 |
| PERS-Cell Phone | $0 |
| PERS-Contacts | $99 |
| PERS-Life Ins. | $0 |
| PERS-Newspap | $12 |
| PERS-BR Nasacort | $0 |
| PERS-BR Prilosc | $0 |
| PERS-Cat Enalapril | $0 |
| PERS-Braces | $100 |
| PERS-BR Sports | $0 |
| PERS-Vacation | $0 |
| TRNSF-to EF | $0 |
| TRNSF-to Savings | $0 |
| | |
| TOTAL | $4,921 |
| | |
| INCOME | Feb-10 |
| 1st Paycheck | $2,261 |
| 1st Commission | $0 |
| 15th Paycheck | $2,261 |
| Church Pay | $0 |
| Jewelry Pay | $100 |
| Babysitting | $100 |
| Other | $0 |
| TRNSF from EF | $0 |
| TRNSF fr SAVINGS | $0 |
| TOTAL | $4,722 |
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