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Preparing your Budget

Preparing your Budget. Budget Choices: Who wants to be a millionaire?. Average pay: I will assume you have an Associates Degree. Your pay will be 750$ per week. With only 750 per week, you make 3,000 per month. No way can we afford a house just yet. Wanna buy a house?.

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Preparing your Budget

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  1. Preparing your Budget Budget Choices: Who wants to be a millionaire?

  2. Average pay:I will assume you have an Associates Degree. • Your pay will be 750$ per week

  3. With only 750 per week, you make 3,000 per month. No way can we afford a house just yet. Wanna buy a house? 3 bed, 2.5 bath, 2 car garage, 1344 square feet $250,000 3,250 month 3 bed, 3 bath, 2 car garage 1800 square feet $300,000 3,600 month

  4. Maybe we’ll rent… Choose an apartment; you may choose a roommate and split the cost of utilities and rent! 2 bedroom,1 bath, 1 car garage spot1400$ per month 2 bedroom,1 bath, 1 carportspot • 900$ per month

  5. Choose your dream car… 2004 Saturn Ion $9000 $200/month 2008 Chevy Impala $14,000 $300/month

  6. You may adjust the amounts for the rest of the categories (restaurants, entertainment, clothing), but you need to be realistic.

  7. Add up your totals, and divide by 4. This will show your weekly expenses. Anything left over from paychecks will go into your savings account. Prizes will be given for most saved, for people who earn bonuses because of stellar work, and for other at teacher discretion.

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