Question: can someone help ( it can be random ) 1. As discussed in class, come up with an estimate of your monthly expenses. How much

can someone help ( it can be random )

1. As discussed in class, come up with an estimate of your monthly expenses. How much do you spend on rent, car (gas/maintenance/etc.), insurance, groceries, eating out, entertainment, clothing/accessories, vacation, etc. Add up to get the total. ***Don't post this number on the discussion board. 2. Check your bank account to see how much you actually spent per month on average over the last three months. ***Don't post this number on the discussion board. 3. Divide your answer to part 2 by your answer to part 1 and post the ratio as a response to this discussion board. 4. Come up with 1-2 sentences to describe this ratio (e.g., how would you explain the economic meaning of it?)

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