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Additional money for new tires as a high school

  • Hortonville High
  • ECON 101
  • BrigadierUniverse9185
  • 5
  • 50% (4) 2 out of 4 people found this document helpful

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additional money for new tires. (As a high school student, assume that groceries, health insurance and utilities areexpenses covered by his parents.)2Jenna works at the grocery store and earns $9 an hour. She is busy with extracurricular activities and only works 20hours during the week. However, she picks up an eight-hour Sunday shift once a month, for which she earns timeand a half. Jenna also lives at home and has health insurance under her mom’s plan. She is expected to pay for herown car repairs, maintenance and gas, as well as her auto insurance, which costs $1,000 a year. Jenna wants to takea trip to Mexico with her friends next year, which will cost $1,500.
3Create a zero-based budget based on your own income (may include allowance or part-time job).Part 2Directions:After completing the student budgets, answer the following questions.1Explain how writing a monthly budget helps you manage spending.
2Explain how writing a monthly budget helps you achieve financial goals.
CHAPTER 3Foundations in Personal Finance High School Edition
The Student BudgetCHAPTER 3Foundations in Personal Finance High School Edition50.00Maintenance and Repairs120.0097.5097.500262.50840.00270.0065.00Tires100.0065.00
The Student BudgetCHAPTER 3Foundations in Personal Finance High School Edition
The Student BudgetCHAPTER 3Foundations in Personal Finance High School Edition0288.00204.67204.67Mexico83.33288.00
CHAPTER 3Foundations in Personal Finance High School Edition300.00
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Term
Summer
Professor
Greg Yeager
Tags
Personal Finance High School

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