This year you will make exactly $30 000 in take home income.
- Brainstorm all of the ways you will spend your money to live for 1 year.
- Sort the items from number 1 into Fixed Expenses, Flexible Needs, and Flexible wants.
- Give a dollar value to each item. Be as concise as possible.
- Calculate if you will be able to afford your lifestyle with the money you will earn.
- Decide how you can either spend your extra money or cut out expenses (spending).
- Create a final budget for your $30 000.
- Post