How did wants, choices, scarcity, opportunity cost, and tradeoffs affect
you during this activity? What would you cut if you had $200 less than you stated amount? Why? What would you add if you had $200 more than your stated amount? Why?
Throughout this project I was able to live out my life, making
money, paying bills, and providing for myself. Obviously it's not the same as having our parents cover for us and paying for the bills, but with enough work and dedication I was able to get everything I truly needed and still have extra to save for. Realistically all a man needs is his console, job, and food to stay happily alive, and that's exactly how I chose to live. I was able to see into the real world and how much living on your own really is, which is a very resourceful tool for the future. All I really did to have enough money to save for later was just to work more hours, with enough dedication and knowing you're getting paid just to not be home gave me enough motivation to work the 84 hours a week. Every major item I bought like the car and apartment I tried getting for a good affordable price. Nothing too much but something just enough, for example the studio apartment was perfect enough room for me and myself no need for any other extra room. The BMW was really just a personal preference as it is a V8 engine and of course the luxury of it is top notch, payments were a bit of a hassle but at the end of the day it was able to work out. Groceries and entertainment was really not much of a hurtful statement on the budget as like I stated before all I need is my console and food so plain and simple grocery list and enough for my online gaming subscription. If my money was cut short by $200, I would have most likely just tried to save less for my long term car goal. Don't get me wrong $200 is still a large amount but in this case it really wouldn't affect my budget as I was able to carefully plan out my wants and needs in regards to the situation I was in. If I were to have $200 more than my stated amount, I would have most likely given out maybe a few gifts. I am a bit stingy with my money so not everyone would get gifts but maybe just a few if I feel like it.
How To Make A Ton Of Money Selling The Things You Own And Do Not Need; A guide through eBay, Craigslist, Facebook, flea markets, yard sales, and swap meets