1. For the latest month past, express all expenses including taxes + withholding as a percent of gross Income.
2. Reflect on your spending behaviors and comment on any surprises that you may have discovered. (1 paragraph minimum)

A2. Create a Personal Balance Sheet.

1. Express all assets as a percent of total assets
2. Express all liabilities as a percent of total assets.
3. Express net worth a percent of total assets.
4. Reflect on your accumulated assets and accumulated debts and comment on where your net worth is presently. (1 paragraph min.)

A3. Create a projected monthly spending plan or budget.

1. Based upon your cash-flow statement in 1.0 above, create a spending plan for a typical month for you. The spending plan should include future expected monthly net income as well as anticipated expenditures. Additionally, you should include monthly savings allocations for such necessary categories as emergency savings, next semesters tuition, auto maintenance, retirement savings, vacation savings, etc. Express planned expenses and allocation amounts as a percent of net income.

2. Reflect on the value of creating a spending plan in advance of your actual spending. (2-paragraphs minimum)

A4. Post your assignment to your e-Portfolio. Submit your e-Portfolio URL complete with Signature Assignment for Finance 1380.