Course Hero Logo

Spending Plan.docx - Melanie Barron FCS 3450-090 4/27/2021...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 3 out of 7 pages.

Melanie BarronFCS 3450-0904/27/2021Melanie’s Spending PlanSection 1: Explanation of PlanoCreating my spending plan helped me realize how much of an excessive spender Iam. I consider myself organized when it comes to my bills, but it was interestingto see how much it affected my yearly outcome with the spending habits I hadacquired over the years. I always use my phone to utilize how I view myexpenses. I have Google Calendar which is an amazing app that allows me to putin all my bills and the days that they are due and how much they are. I also put inall the days I go out and how much I spend. This project helped me to lay it out onan excel sheet which was a fun way to visualize my bills and it also helped me seehow quickly things start to add up, especially the little things.oMy monthly bills are always the same and include rent, car payment, carinsurance, eye vision, gym membership, phone bill, credit card payment. Theseexpenses are always laid on my calendar and thankfully, I have never missed apayment. If I know I have the money, I will sometimes just pay off the importantthings and that allows me to see how much money I have left for the rest of themonth. Another blessing I have is living with my parents, they provide me withmany things. They also pay for my groceries, utilities, tuition, and healthinsurance. These expenses would cost me a fortune if I had to pay them myself,but they are grateful that I decided to go to school to pursue a degree that willhelp to further educate myself and allow me to have a successful job/life.
oThose monthly bills all stayed the same for my yearly projections but some of thethings that were skewed included gas, shopping, and outside activities. I washonestly surprised at how much I was spending on shopping. Like I said, I knewhow much I would spend every month but when I laid it out on the excel sheet, Iwas able to see exactly how much that would affect my yearly projections. I loveto shop, and I am always shopping but I have recently come to realize that I amspending excessive amounts when I could be saving that money for when I moveout. With this realization, I decided to cut out shopping altogether for 3 months ata time. I know I cannot go without it, sounds lame, but I know that I have highmaintenance when it comes to my appearance/my shopping habits. I decided to

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 7 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Zick,C
Tags
Payment, 2008 singles, Realize, Melanie Barron

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture