Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question: Did the actual spending stay within the projected budget? If not, where did the overspending occur? Be sure to consider those planned expenses vs
Question:
- Did the actual spending stay within the projected budget? If not, where did the overspending occur? Be sure to consider those planned expenses vs impulse expenses.
- Was the proposed budget appropriate or underdeveloped? If so, what was budgeted well, or what budget planning needs to be improved?
- Describe strategies that can be used in the future to have and maintain a budget.
- How do you anticipate future variables (housing, student loans, jobs, family, healthcare costs, etc.) to impact your budget and spending? This should be answered by future career aspirations (what type of job), geographic location (where you will live), and current and future family expectations.
- Describe two of the most impactful takeaways from this assignment.Be sure to consider how this overall assignment might impact your Christian worldview.
source:
Totals | Totals | |
Planned Expense | $117.01 | |
Impulse Expense | $302.44 | |
$419.45 | ||
Necessities | $189.40 | |
Discretionary | $107.87 | |
Outright Luxury | $73.98 | |
Waste | $61.14 | |
$432.39 |
Date | P/I | Type | Expense Description | Amount | |
22-Apr | I | Outright Luxury | Clutch City Wings | $17.24 | |
22-Apr | I | Outright Luxury | Market Birria | $7.40 | |
22-Apr | P | Necessities | Shell Gas | $16.02 | |
22-Apr | P | Necessities | Apple Pay bill | $2.99 | |
22-Apr | I | Waste | Spec's | $44.35 | |
23-Apr | P | Necessities | Lyft | $13.67 | |
23-Apr | I | Outright Luxury | Arciela Taco Truck | $22.98 | |
23-Apr | P | Necessities | E-renters Plan | $29.33 | |
23-Apr | I | Discretionary | Randall's | $17.47 | |
23-Apr | P | Necessities | Cash App | $40.00 | |
24-Apr | P | Necessities | Cash App | $15.00 | |
24-Apr | I | Outright Luxury | Waffle House | $27.00 | |
25-Apr | I | Outright Luxury | Circle-K | $4.72 | |
26-Apr | I | Outright Luxury | Shake Shack | $18.76 | |
26-Apr | I | Outright Luxury | C.R.U. | $39.78 | |
27-Apr | I | Discretionary | Shlotzky's Deli | $4.86 | |
27-Apr | I | Discretionary | Buffalo Wild Wings | $33.36 | |
28-Apr | I | Waste | Van Leeuwen Ice Cream | $9.88 | |
28-Apr | I | Discretionary | Honey Farms | $30.73 | |
28-Apr | I | Outright Luxury | Torchy's Tacos | $23.91 |
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