Wednesday, May 16, 2012

Assignments for Wednesday, May 16

In your book:  
Cable and Eating Out, page 112
*Pretty straight-forward; most of you will go over on your cable, so be careful when you eat out!
Established Expenses, page 95
*Also straight-forward: you must insure your family and yourself.
*Your savings and charity categories are just guidelines.  These are the only categories where you are not required to be within your minimum/maximum.  Use the money you have left at the end of the month to fulfill these categories, bringing your checkbook balance to $0!
Actual Budget, page 113
*After you add up what you have spent,  bring your checking balance to $0 by dividing that money up in savings and charity (your choice).  You will need to match your NMI to complete this mathematical task.
*Be sure to add up the money you've spent correctly ... check it twice!
*This should be the last step in your so-called life.  Hopefully.  If you've overspent, you are going to have to go back and save somewhere.  Find a category that you spent near you maximum in and redo it.  It's a hard-knock life, eh? 

In class tomorrow:  details about our field trip on Friday!

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