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Your $ - Your Life

Your $ - Your Life . Day 5. Budget and Save Calculate your savings and record on #109 – 111:. Savings Simulator Calculator.

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Your $ - Your Life

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  1. Your $ - Your Life Day 5

  2. Budget and Save Calculate your savings and record on #109 – 111:

  3. Savings Simulator Calculator Go to Mrs. Kendall’s webpage and click on the Savings Simulator Calculator. Use the information on each line in the chart to determine what your savings would be. Fill out the “Total Amount at end of Term” for each line.

  4. Life Happens Let’s see what happens when unexpected expenses – or income- come your way.

  5. Using the Ups and Downs Sheet, roll two di to get a two-digit number. • Let the first di you roll be the first digit of a number and the second di, the second digit. • Find the corresponding circumstance to the two-digit number you roll on the Ups and Downs Sheet. 4. #112 - 115 – Record your unexpected events as you roll the dice for #112-114 then add them all together and write the total in #115.

  6. Vacation • Choose from one of the following vacation packages. • The prices include travel and food; take half off if you’re single.

  7. #116 – 117: Write the amount of your vacation on your packet for #116. Divide this amount by 12 to determine how much you will set aside each month for #117.

  8. Helping Others #118 – 120: Refer back to Day 2 (#41 & #42) to find your salary and your wife’s/husband’s salary. #120: Multiply the total by .02 to get the total donation amount.

  9. Entertainment • Use the following chart to get your family’s cost of going to dinner and a movie, then decide the number of times each month.

  10. #122 – 124: Determine your entertainment costs using the following chart.

  11. Education and Training Not everyone borrows money to pay for higher education, but let’s say you did. Look back to #28 to remind yourself what type of diploma or degree you needed for your career.

  12. Student Loan: #125: From the chart above, determine the student loan cost for the type of education or training you would need for your career.

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