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  • BREAK EVEN Millenials

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    Patricia Graells
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    This document outlines a monthly and weekly budget breakdown that separates expenses into fixed and variable categories. It recommends calculating a daily breakeven amount using total monthly fixed and variable expenses divided over 12 months and 52 weeks. It advises that in order to save money, one should decrease variable expenses, review spending to eliminate excess, and ensure fixed expenses are covered each month by further decreasing variable costs if needed.

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    This document outlines a monthly and weekly budget breakdown that separates expenses into fixed and variable categories. It recommends calculating a daily breakeven amount using total monthly fixed and variable expenses divided over 12 months and 52 weeks. It advises that in order to save money, one should decrease variable expenses, review spending to eliminate excess, and ensure fixed expenses are covered each month by further decreasing variable costs if needed.

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    © All Rights Reserved
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    10 views1 page

    BREAK EVEN Millenials

    Uploaded by

    Patricia Graells
    This document outlines a monthly and weekly budget breakdown that separates expenses into fixed and variable categories. It recommends calculating a daily breakeven amount using total monthly fixed and variable expenses divided over 12 months and 52 weeks. It advises that in order to save money, one should decrease variable expenses, review spending to eliminate excess, and ensure fixed expenses are covered each month by further decreasing variable costs if needed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    BUDGET Monthly Weekly BUDGET Monthly Weekly

    Fixed Expenses Variable Expenses


    Rent Fuel
    Telephone Utilities
    Metrocard Food out to Dinner/Lunch
    Car Payment Supplies
    Car Insurance Entertainment
    Student Loans Dry Cleaning
    Food from Grocery Store Presents/Gifts
    Toiletries
    Hair cuts

    TOTAL: TOTAL:
    Total Fixed + Total Variable Expenses:
    Multiplied by 12, then divided by 52:
    ***The final number represents the amount you need to make each day, after splits and after taxes to breakeven.
    ***If you want to SAVE money, all you have to do is decrease your variable expenses
    ***Review expenses and see if there is any excess spending that can eliminated
    ***Fixed expenses are those that HAVE to be paid every month.
    ***If you do not hit your 'fixed expenses breakeven', it's important to decrease your variable expenses.

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