Accounting and Finance Foundations

(Chris Devlin) #1

Unit 12


Accounting and Finance Foundations Unit 12: Budgeting and Business Plans 929

Housing Options Food Options

(Electricity, Telephone & Water)

Live at home ....................................................$100
Apartment with friend ........................................ 250
Apartment, one bedroom ................................... 490
Apartment, two bedroom ................................... 575
Own a house ...................................................... 750

Groceries:
$120 month/$30 per week
$180 month/$45 per week
$240 month/$60 per week
$300 month/$75 per week
Eating Out:
Fast Food (per person) ................................$10.00 +
Restaurant (per person) ..............................$10.00 +

Transportation Options Clothing Options

(Car Payment, Insurance, Gas, Maintenance)
Cab and Bus Fare ...............................................$75
Used Car (Ford Focus) ....................................... 300
Used Car (Honda Accord) .................................. 400
New Mid-sized Car (Chevy Malibu) .................... 475
New Mid-sized Car (Toyota Camry) .................... 625
New Chevy Tahoe ............................................... 700
New Luxury Car (Lexus) .................................... 895
New Luxury Car (BMW) ..................................... 945

(Clothes, Shoes, etc.)
New Clothes .......................................$10.00 and up
New Shoes .........................................$20.00 and up

Healthcare Options Miscellaneous Options

(Personal, Doctor, Dentist, Insurance,
Prescriptions, Glasses)
$100.00 per month
Personal Care Items ................................... $15.00 +
(toothpaste, makeup, shaving cream, etc.)
Hair Care .....................................................$10.00 +

(Entertainment/Recreation, Personal Care Items)
Movie Tickets ................................................$6.00
Books ..............................................................6.00
Pet Care ........................................................10.00
Gifts ..............................................................10.00 +
Trips/Vacations .............................................75.00
Subscriptions ................................................15.00
Concert Tickets .............................................20.00+
Music Downloads .........................................12.00+
Hobbies .........................................................25.00+
Sporting Events .............................................25.00+
Other __________________________

Savings Options—You Decide!


Budgeting and Business Plans Student Guide


28.1.3 Monthly Budget Options


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Chapter 28

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