FIN 350 Topic 3 Personal Budget Project

FIN 350 Topic 3 Personal Budget Project

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FIN 350 Topic 3 Personal Budget Project

Create a pro forma post-graduation budget in Excel. Evaluate your budget and submit one Excel file that includes both the budget and evaluation. Estimate income that you will earn from your job after graduation. Include five to ten expenses that you will incur (e.g., rent, student loan payments, cell phone, car payment, insurance, food, utilities).

In the evaluation (250-500 words), answer the following questions in complete sentences:

  • Am I living within my means? Does my income cover my expenses? Do I have enough income to pay my bills?
  • Am I financially independent from my family?
  • Do I have an emergency fund?
  • Am I saving enough for retirement in my budgets/planning?
  • Do I have enough to start giving financially to others?

While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.

 

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