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    Phoebe Longley created a budget projecting her expenses as a 22-24 year old teacher earning $48,900 annually. Her projected monthly expenses include $810 for rent, $600 initially for furnishings and appliances, $500 for food, $51 for transit, $150 for household items, $120 for hygiene products, $100 each for entertainment and clothing. She concludes that budgeting is important for managing expenses as one becomes financially independent.

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    Phoebe Longley created a budget projecting her expenses as a 22-24 year old teacher earning $48,900 annually. Her projected monthly expenses include $810 for rent, $600 initially for furnishings and appliances, $500 for food, $51 for transit, $150 for household items, $120 for hygiene products, $100 each for entertainment and clothing. She concludes that budgeting is important for managing expenses as one becomes financially independent.

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    8 views4 pages

    Presentation 4

    Uploaded by

    api-415629933
    Phoebe Longley created a budget projecting her expenses as a 22-24 year old teacher earning $48,900 annually. Her projected monthly expenses include $810 for rent, $600 initially for furnishings and appliances, $500 for food, $51 for transit, $150 for household items, $120 for hygiene products, $100 each for entertainment and clothing. She concludes that budgeting is important for managing expenses as one becomes financially independent.

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    of 4

    BUDGET PROJECT

    BY PHOEBE LONGLEY
    PART 1: MY SITUATION

    • Description of Myself: At the age of 22-24 I'm expecting I will be just out of school
    with a teaching degree and working at a local high school
    • Income: 48,900$
    PART 2: EXPENSES

    • Rent: 810$ per month


    • Furnishings and appliances:600$
    • Food:500$ per month
    • Transportation: 51$ per month (transit)
    • Household expenses: 150$ per month
    • Hygeine expenses: 120$ per month
    • Entertainment: 100$ per month
    • Clothing: 100$ per month
    CONCLUSION

    • What I've learned from this project is that things are VERY expensive and budget plans can be
    very useful as you grow up and first start discovering how to function economically

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