**Please send all correspondence and questions for this module to your TRiO advisor**
Student Learning Outcome:
Students will be able to identify and learn the necessary skills to be able to successfully budget personal finances.
Step 1:
Review the - Budgeting PowerPoint (pptx)
On Slide 10 you will see a sample budget for completion. Please utilize this information and fill in the sample budget as exact as possible.
Hypothetical budget assuming:
Salary of $35,000/12 Months = 2900 - 20% tax = $2300 Per Month
Average credit card debt of $5,781 with a minimum payment of $231
Student loan debt of $18,000 with a payment of $147
Rent of $400 Car payment of $315 Using the numbers above
Please complete the Sample Template: budgetworksheet.doc
Step 2:
Directions also provided at the conclusion of the Budgeting PowerPoint.
Please answer these questions in 3-4 complete sentences citing the PowerPoint slide or website where the information pertaining to the question was found.
What are the three things we should consider before making a purchasing decision?
What were your Saving Goals #1 and #2, How much money was allocated to these after necessities were paid?
What are the five principles we should keep in mind during day to day money decisions?