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Use text and Excel spreadsheets to make a personal household budget based on research, lessons learned in the course, and personal demographics/financial assumptions. (base this off a Canadian Student living in Toronto)
In Excel they must
- Develop a monthly budget covering current and one future year with income and expenses.- Budget components should include any relevant revenues, assets, expenses, taxes and savings.
In Word, they must
- Introduce the assumptions and demographics used in the budget.- Provide a rationale for each component selected and a decision made.- Propose how to achieve an optimal budget that balances income with lifestyle and personal final goals.- Propose at least two ways to reach a greater surplus.
Provide a brief overview of the points that must be considered for a distributive negotiation.
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