1.    Draw for a job

2.   Create a monthly budget using monthly salary figures from the job that is drawn.

3.   Electricity and Food allowances are non negotiable and must be included in the budget

4.   You MUST choose how much you would like to spend from each of the following categories: Cable/Internet/Phone or Cell Phone, Insurance, Housing, and Gas.

5.   You may also choose from the optional categories:  Family Insurance, Car, Children (If you choose to have children you MUST choose FAMILY insurance not INDIVIDUAL insurance)

6.   Once the categories and amounts have been selected you must then write your checks to pay each of the companies. Don’t forget to record each check written in your check register.

7.   Next create a budget using your selections from each of the categories. Create your budget using Microsoft Excel.

8.  On your Microsoft Excel sheet you must include: the title to each of the categories, the amounts you have chosen to spend in each category, job title, salary amount, total of all debts added together, and total amount of money left after all the bills are paid.

9.  You will be graded on the accuracy of your addition and subtraction as well as the overall organization of your budget, so take your time and do it well!

Bloom's Taxonomy: Analysis, Synthesis, and Evaluation