Assumed you Track your daily expenses for last month,from March 1 -March 31 .Make a typical spending for the followings with total monthly salary of $1996,expenses but to include the underlisted:

Rent= $575

Automobile gasoline=$100

Automobile- insurance=$55

Eating Out=?

Groceries=?

Health/Personal Care=?

Cable=$80

Cell Phone=$118

Recreation/Leisure=?

Pet supplies/Vet=?

Mother's Day=?

Savings/investments=?

Etc.

Next to each expenditure show cash payment for the purchases and make up cash for all the expenditures with=?.

I understand that there may be some expenditures that you wish to remain private. While most people are likely to have similar expenses; you may have some that you wish to remain private and not reveal in this assignment. Those expenditures are none of my business BUT you should account for these expenditures. You could use a category such as Miscellaneous Expenditures, or Hobby, Bad Habit, Personal or Other Interests. Only you will know what is included in that column. If at the end of the day or week you cannot account for money that has been spend - you can include than amount in a column labeled Unknown or Forgotten.

In addition to providing the Daily Spending Report you will you will assess your expenditures offering thoughts on how to better handle money on a daily basis. The assessment is a major part of this assignment. Indicate what you learned from keeping the log of expenditures and how you might change behavior in the future (if at all)

I understand that you may have some expenditures that will not show up on this spending log such as your tuition or textbooks or an insurance payment or gifts or a utility bill because they are paid quarterly or annually. Presumably these would be accounted for in your monthly and annual budgets (spending plan) and you would factor that information into your decision making.