In order to get your personal finances under control, you need to prepare a personal budget. Assume that you have compiled the following information regarding your expected cash flows for a typical month.

Instructions
Using the information above, prepare a personal budget. In preparing this budget, use the format found at financialplan.about.com/cs/budgeting/l/blbudget.htm. Just skip any unused lineitems.

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$110 50 150 90 275 250 150 Rent payment $ 400 Miscellneous costs Interest income 50 Savings Income tax withheld 300 Eating out Electricity bill 22 80 Telephone and Internet costs Student loan payments Groceries Wages earned Insurance 2,000 Entertainment costs 100 Transportation costs