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create a personal budget

Date Posted: 24/01/2020
Category: Finance
Due Date: 27/01/2020
Instruction
Create a personal budget. Then write a short explanation of your budget, which items you would be able to change (flexible) and which are always the same (fixed). Describe how your budget may change over time and how you will respond to these changes. Use ONLY ONE of the following to calculate your income: a. Your actual employment income if you have a job b. If you are not employed then use a projected income of $10.00 per hour for 30 hours per week c. Don't forget to Include such expenses as rent, food, utilities, phone, transportation, etc. d. Identify the fixed and variable expenses in your budget e. Total your expenses weekly, monthly and yearly f. Calculate your gross and net income g. Describe how you calculated your monthly income. This budget should reflect how you would support yourself on the income that you calculated. h. Do not submit a budget stating that you have no expenses.
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