Question
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
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.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started