By: Katie Sherrod.

Kindergarten Teacher

Starting Annual Salary: $33,775

Monthly Salary: $2,815

Rental Info•City: White Pine, Tn.•$915 per month•1,380 ft2

•3 bedrooms, 2 baths•Includes a laundry facility and allows both cats and dogs

I am saving $500 a month and I added no extra categories.

Budget Cont.

BudgetIncome $2,815 ExpensesRent 915Utilities 300Insurance 150Cell Phone 50Cable/Internet 30Groceries 350Gas 50Clothes 50Restaurants 45Extra Entertainment 45Leisure travel 100Snacks 50Misc 100Charitable 25Savings 500Total 2760Difference $55

SavingsSaving for: ‘02 used Toyota

CamryPrice:$7,094

Est. Time to Save: 15 months

Conclusion

By being a Kindergarten teacher I earn $2,815 per month and can afford to rent a 3 bedroom 2 bath house in White Pine, Tennessee and also save $500 per month so that I can buy a used 2002 Toyota Camry in about 15 months if I stick to my budget.