One Last Pedicure: Balancing a Personal Budget

McKenzies Handwritten Budget

Q1 ) Help McKenzie balance her budget. What spending cuts would you make? Why? Where are some places you think McKenzie is overspending?

Q2) What are some luxuries that you think should survive the cut? Why? Different items with Question 1

MY BUDGET - August Monthly Income: $2900 MY MONTHLY EXPENSES Rent - $850 Car Payment - $200 Fixed Car Window $50 Gasoline - $70 11 630 $25 $25 ! Groceries $110 (811) 8/12 $50 H 8130 $140 House hold Supplies - $10 Shopping Book bag - $25 Pens, pencils, notebooks $30 2 DVDS - $30 | Video Game - $30 8 packs of Cigarettes - $80 clothes $70 (817) $ 45 8/21 $35 (Shoes) Beauty Supplies - $15 Restaurants Joe's Italian - $30 Movies - $20 (8/5) Hal's Burger - $25 818 - $20 Vita Pizza - $20 18/22 - $20 Xscapes Nightclub Salon Pedicure 8/1 - $30 (45 Tip) Pedicure 8'15 $30 (v s Tip) Millie's Relaxer- $65 (plus po Tip) Touch-up (4 Tracks) Utilities Electricity - $35 Gas - $25 Water and Sewer- $10 Phone - $55 Cable + Internet - $55 Other Monthly Bills Credit card bill $35 Renter's Insurance - $12 Student loan payment $150 Car Insurance $50 Gym Membership $15 Millie's school fees - $ 200 Dry Cleaning - $25 Going Out 11 $40 Plus Hair Extension - $40 MY BUDGET - August Monthly Income: $2900 MY MONTHLY EXPENSES Rent - $850 Car Payment - $200 Fixed Car Window $50 Gasoline - $70 11 630 $25 $25 ! Groceries $110 (811) 8/12 $50 H 8130 $140 House hold Supplies - $10 Shopping Book bag - $25 Pens, pencils, notebooks $30 2 DVDS - $30 | Video Game - $30 8 packs of Cigarettes - $80 clothes $70 (817) $ 45 8/21 $35 (Shoes) Beauty Supplies - $15 Restaurants Joe's Italian - $30 Movies - $20 (8/5) Hal's Burger - $25 818 - $20 Vita Pizza - $20 18/22 - $20 Xscapes Nightclub Salon Pedicure 8/1 - $30 (45 Tip) Pedicure 8'15 $30 (v s Tip) Millie's Relaxer- $65 (plus po Tip) Touch-up (4 Tracks) Utilities Electricity - $35 Gas - $25 Water and Sewer- $10 Phone - $55 Cable + Internet - $55 Other Monthly Bills Credit card bill $35 Renter's Insurance - $12 Student loan payment $150 Car Insurance $50 Gym Membership $15 Millie's school fees - $ 200 Dry Cleaning - $25 Going Out 11 $40 Plus Hair Extension - $40