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Kyle Hoy - PERSONAL_BUDGET_Activity_The_Student_Budget.pdf...

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CHAPTER 3Foundations inPersonalFinance HighSchoolEditionNAME:DATE:TheStudent Budget(1/3)Part1Directions:Use theattachedbudget form or the budgeting tool located on foundationsU.comtocre-ate threezero-basedbudgets: one for eachstudent describedbelow and apersonalone based onyourincome (this may include a regular allowance from yourparents)and expenses. Fill in all incomeandexpenses on the form with theinformationprovided.Rememberto compute net pay by taking 20%outfortaxes.1Marcus, a high schoolstudent,works at alumberyardmaking $10.50 an hour. With his academicandsports schedule, he is able to work 25 hours a week. He can pick up extra hours, but notconsistently.Marcus lives at home, so he has very few bills. He isresponsiblefor his cell phone bill, which is $65amonth. He pays for his autoinsurance,which is $1,200 a year, and he pays for gas,maintenanceandrepairson his car. Lastly, Marcus isresponsible

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Term
Spring
Professor
Uszak/Zides
Tags
Finance, Marcus, Personal Finance High School

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