Your job is to create a personal budget from scratch. This should include all income and all expense that you currently have, and should be for 12 months. It should show the differences in income and expenses, based on seasonality and expectations (and this should vary month over month).

Some expenses to consider are:

FIXED EXPENSES like

Rent/Mortgage (payment per month)

Renters Insurance (payment per month)

Automobile (monthly payment)

Auto Insurance (monthly payment) Health insurance (monthly payment)

Credit Card

Student loans (monthly payment if applicable)

Long Term Savings

Emergency

VARIABLE EXPENSES like

Food (groceries, restaurants, snacks)

phone

cell phone

electricity

clothing

entertainment (movies, video rental, sporting events)

haircuts

vacations

gas (car)

cable tv

vacation

INCOME like

money from work

money from interest or investments

money from your parents

money from school loans

This should be calculated in a spreadsheet like Microsoft Excel or Google sheets. Simple formulas must be created to find total fixed expenses, total variable expenses, total expenses, and total income. You must upload a pdf file for submission. If you want the full credit, it needs to be very detailed and reflect actual life.

*Please note that it should be very detailed and show seasonality and variances month to month to reflect real life.