Prepare a personal household budget based on research

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Reference no: EM133514650

Assignment:

Use text and Excel spreadsheets to prepare a personal household budget based on research, lessons learned in the course, and personal demographics/financial assumptions.

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 decision made
  • Propose how to achieve an optimal budget that balances income with lifestyle and personal final goals
  • Propose at least two ways to a reach a greater surplus

Reference no: EM133514650

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