Objective: Create a personal budget and explore how it can influence decision-making.
Below is a chart of common personal budget line items. This budget reflects income and expenses for a typical month. Use Excel to complete the chart with your current salary or your goal salary and answer the questions that follow. Include additional monthly expenses as needed.
Refer to Chapter 12 in your text for models and examples of calculations.
Download the chart and questions here.Download Download the chart and questions here.
Calculate the items below. Note: Using the function (fx) toolbar will help save you time.
How much money do you earn (before taxes) in a:
Week:
Month:
Year:
How much money in state and federal taxes is withheld from your paycheck every two weeks?
Calculate your take-home pay for one month.
How much discretionary money do you have after paying living expenses?
Suppose you want to start saving more money. How much money would you need to save each month if you saved 5%, 10%, and 15% of your discretionary money?
5% =
10% =
15% =
Suppose you want to save the maximum amount of 15% of discretionary money each month. How much money do you have leftover to use each week for going out, gas for the car, and entertainment?
In a one-page paper, address the following questions.
What sort of sacrifices will you need to make to accommodate all of your wants and needs?
Do you see any short cuts or quick ways to achieve your goals? Explain.
Would you need to make any ethically questionable choices or go against your personal values in order to meet your goals? Explain.
Do you need any assistance with this question?
Send us your paper details now
We’ll find the best professional writer for you!
"We offer the best custom paper writing services. We have done this question before we can also do it for you."
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
Our Service Charter
1. Professional & Expert Writers: Experts Essays only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.
2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.
3. Plagiarism-Free Papers: All papers provided by Experts Essays are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.
4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Experts Essays are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.
5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.
6. 24/7 Customer Support: At Experts Essays, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.