My name is Bridget Hoban. I am a single accountant making an annual salary of $56,000 with no children. I drive 44 miles to and from work every day. I am a stockholder in three companies. Those three companies are Apple, 3M, and Hormel Foods.
Gross Annual Income: $56,000
Monthly Federal Income Tax: $492
Monthly Social Security Tax: $278
Monthly Medicare Tax: $72
Net Monthly Income: $3,949.66
Health and Life Insurance: $15
Medical and Dental Expense: $30
Charitable Giving: $39.49 to the American Cancer Society.
Lucky: I received a letter from the IRS saying I made a math error in my recent tax calculations. I was refunded $125.00.
Unlucky: My boss is retiring and I was asked to contribute $10 toward his parting gift.
Stocks: Apple; 30 shares Hormel Foods; 10 shares 3M; 15 shares
Day 1 Values: Apple; $15,500.40 Hormel Foods; $441.10 3M; $3,123
Day 5 values: Apple; $15,600.90 Hormel Foods; $433.50 3M; $3,147.50
Housing- Snip it
House/Apartment: $182,500. 2 bed 2 full bath.
Mortgage/Rent: $932.59/month. I have one roommate, making it $466.29 for each of us.
Utilities: electric; $100 sewer/water: $25 phone; $15
Home Improvement- Snip it
Items and prices: Living room set; $1,839.99 Refrigerator; $1,708.20 Dresser; $249
-which comes to a total of $3,797.19. My interest charge is $15 a month, making my total home improvement and furniture cost $173.22/month.
Transportation- Snip it
Automobile: 2013 Honda Accord.
Monthly payment over 5 years: $447.09
Insurance, registration, and tax: $448.96
Food, Household and Personal Hygiene
Price per month: (menu, grocery list)
Monday: Breakfast; eggs and bacon with orange juice. Lunch; grilled cheese with milk. Dinner; soup and crackers with soda. Snack; granola bar with water.
Tuesday: Breakfast; Yogurt and coffee. Lunch; chicken nuggets, strawberries, and milk. Dinner; pancakes, bananas, and milk. Snack; fruit salad with orange juice.
Wednesday: Breakfast; mixed fruit with orange juice. Lunch; Caesar salad with grapes and water. Dinner; Pizza and soda. Snack; Gold fish and water.
Thursday: Breakfast; toaster strudels with milk. Lunch; ham sandwich and orange juice. Dinner; hot dogs with chips and milk. Snack; fruit smoothie and water.
Friday: Breakfast; peanut butter toast and orange juice. Lunch; skip. Dinner; out to eat. Snack; skip.
Saturday: Breakfast; cereal with milk. Lunch; Peanut butter sandwich with strawberries, carrots, and water. Dinner; steak and soda. Snack; popcorn and water.
Sunday: Breakfast; french toast with milk. Lunch; out to eat. Dinner; Ham, baked potato, and water. Snack; chips and water.
Clothing and Accessories -snip it
Total of $272.80
Entertainment and Recreation- snip it
MN State Arts Board Discussion: Free
Holiday Gift Show: Free
Jake Miller Concert: $53.25
Wild Game (2 tickets): $76.80
Cable and Dining Out
Cable: Standard service for $56.00 per month.
Dining out: meal; $8 tip; $1.20 =$9.20