Assignment SummaryToday’s guest speaker is a financial planner. He is here to clarify the purpose of creating a familybudget, and to reinforce the importance of saving for your future.In this task, you will create a budget that includes calculating your income as well as managingyour overall expenses.Assignment InstructionsComplete each task, reading the directions carefully as you go. Be sure to show all work whereindicated, including inserting images of graphs. Be sure that all graphs or screenshots includeappropriate information such as titles, labeled axes, etc. If your word processing program has anequation editor, you can insert your equations. Otherwise, print this activity sheet and write youranswers by hand.Type all of your work into this document so you can submit it to your teacher for a grade. Show allyour work and answer each question as you complete the task, as this is what your grade isbased on. Partial credit will be given according to the completeness and accuracy of yourexplanations.Your teacher will give you further directions as to how you are to submit your work. You may beasked to upload the document, e-mail it to your teacher, or hand in a hard copy.Now, let’s get started!