Create your budget! Use the attached template to create your budget. Does it balance? Consider short-term and long-term changes you might need to make Estimate your Income Determine your entry level salary of your new job Find a REALISTIC position which you would quality for an any legitimate website, for example: https://www.workoalis.com/ene htus:www.monsterzaehtes/www.ndeed.com You must include a copy of the job description screen shot or text posted in to report, NO LINKSI which includes location, salary expectation and qualifications as well as a personal reflection on why you would want this job please clain if you have previous skills before your time at Mohawk, particularly if it is relevant to the application Calculate your approximate NET Income after your deductions (income tax CPP and Ell using the following website (include a screenshot of the net income summary httpsinuxos.ca/taxe calculated/Zham-bust calculate calculate salary15&from-hourite Brion Ontario e 2) Plan your Savings: (according to the 50/30/20 rule, you should aim to save at least 20% of your income toward short and long-term goals . You should try to build your emergency reserve (3 months income or 6 months expenses as quickly as possible) Think about your medium- and long-term goals and allocate your wings accordingly. For purposes of this assignment, you do not need to determine which investment vehicle de TFSA Or RRSPis most appropriate. nor how to invest stocks, bonds, mutual funds) however we will discuss these issues later in the Goals must be stated in SMART format and must be reasonable and realistic for the intended savings purpose. Vi should try to build your emergency reserve months income of months now! Think about your medium and song term goals and allocate your savings accordi Forrest of this great you do not need to determine which investment vehicle TSA Or RRSP is most apocorror how to invest i stocks, tronditutunda however we will discuss the stater in the . Galimot betated in SMART format and must be comonable and restatic for the intended det er GA CM Baleser Expenses your huge must include, but not limited to -Undang hone Travansport penes Food Entertainment You may use til personer or any otimate website to a here me a few of you started www.bonitetit.257 hits.trentakshamitonettamen canada.com.coste denne ate le www.be.com/costofino YOU MUST PROVIDE EVIDENCE OF YOUR RESEARCH INCLUDING SCREEN SHOTS, AND REFERENCES FROM ANY OTHER WEBSITES USED. You may add additional rows it required Income Monthly Amount Job Tho/Description Monthly Gross Amount (before tanes Monthly Net Amount lattered Rationale Saving "Puse 50/30/20 budget rules for this purpose Include Purpose and Time Frame - SMART Amount Goal 81 format Short-Term Include Purpose and Time Frame - SMART format Amount Goal #1 Short-Term Include Purpose and Time Frame - SMART Amount Goal #2 format Medium-Term Include Purpose and Time Frame - SMART Amount Goal #3 format Long-Term Expenses Debt Repayment: Description Total Amount Rent: Description Location Transportation: (note, if you have already disclosed car payment, do not duplicate, but include items like gas, insurance, parking etc. If you do not intend to own a vehicle ensure you include expenses for public transit, uber, taxis etc) Item: Description: Cell Phone Food Gas Entertainment OTHER EXPENSES Net Surplus/Dencit Discretionary Income DO YOU HAVE ANYTHING LEFT? Analysis Based on your budget above, do you have a Net Surplus or a Deficit? you have a Net Surplus, what could you do with the funds to increase your Net Worth? If you have a Deficit, what options do you have to cover the deficit each month? What budget items could you change to decrease/eliminate the deficit? Explaint "Remember to include all supporting documentation! Please see rubric below including negative marks in last row, maximum total marks 30. Category Each box Each box represents 1 Each box represents Each box represents 1 point point 1 point represents 1 point Job Posting Included Salary properly Reflection is well Job Description aliens converted to NET thought out and with qualifications articulated Income income Savings -Short term goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time frame and amount are realistic for intended savings goal purpose Savings -Medium Term Goal Amount of Goal is Purpose is in correctly converted into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Amount of Goal is correctly converted Savings Purpose is in into monthly -Long Term Goal SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Accurate payment information (monthly Full Description Debt given balance Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Descriptions Accurate Suitable given job location and living location Phone Estimate is Realistic Food Entertainment Other Estimates Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic be incurred The future is now! Assume that you have just graduated from your chosen program at Mohawk College and have successfully landed a job in your chosen field. Create your budget! Use the attached template to create your budget. Does it balance? Consider short-term, and long-term changes you might need to make Estimate your Income Determine your entry level salary of your new job Find a REALISTIC position which you would quality for on any legitimate website, for example: httos: www.workoalis.com/ htts://www.monster.cattos//www.indeed.com You must include a copy of the job description screen shot or text posted in to report. NO LINKS) which includes location, salary expectation and qualifications as well as a personal reflection on why you would want this job (please explain if you have previous skills before your time at Mohawk, particularly if it is relevant to the application) Calculate your approximate NET income after your deductions (income tax CPP and Eusing the following website include a screenshot of the net income summary https://www.ca/taxe calculatoram=&uct calculate calculate salary=15&fromhourat e sgianOntario: 21 Plan your Savings: (recording to the 50/30/20 rule, you should aim to save at least 20% of your income toward short and long-term goals You should try to build your emergency reserve (3 months income or 6 months expenses as quickly as possible) Think about your medium and long-term goals and allocate your savings accordingly. For purposes of this assignment you do not need to determine which investment vehicle (le TFSA Or RRSP) is most appropriate. nor how to invest de stocks, bonds, mutual funds) however we will discuss these issues later in the Goals must be stated in SMART format and must be reasonable and realistic for the intended savings purpose, Budget your Expenses: Iyour budget must include, but is not limited to Rent Utilities including cellphone Travel/transportation expenses Food Entertainment You may use actual personal numbers, or any legitimate website to gather your data, here are a few to get you started: https://www.rentboard.ca/cantats/rentalcats.aspx?locid-4257 http://entals.ca/hamilton hittas/moxing.canada.com/coste: cafe ellvio e vine: e bamilton/ https://www.cumbeo.com/coste zerotic living in Hamilton YOU MUST PROVIDE EVIDENCE OF YOUR RESEARCH INCLUDING SCREEN SHOTS, AND REFERENCES FROM ANY OTHER WEBSITES USED. You may add additional rows if required Income Monthly Amount Job Title/Description Monthly Gross Amount (before taxes) Monthly "Net" Amount (after taxes) Rationale: Saving use 50/30/20 budget rules for this purpose Include Purpose and Time Frame - SMART format Amount Goal #1 Short-Term Include Purpose and Time Frame - SMART Amount Goal #2 format Medium-Term Include Purpose and Time Frame - SMART format Amount Goal #3 Long-Term Expenses Debt Repayment: Description Total Amount Rent: Description Location Transportation: (note, if you have already disclosed car payment, do not duplicate, but include items like gas, insurance, parking etc. If you do not intend to own a vehicle ensure you include expenses for public transit, uber. taxis etc) Item: Description: Cell Phone Food Gas Entertainment OTHER EXPENSES Net Surplus/Deficit Discretionary Income DO YOU HAVE ANYTHING LEFT? Analysis: Based on your budget above, do you have a Net Surplus or a Deficit if you have a Net Surplus, what could you do with the funds to Increase your Net Worth? If you have a Dencit, what options do you have to cover the deficit each month? What budget items could you change to decrease/eliminate the deficit? Explain: ***Remember to include all supporting documentation!*** Please see rubric below including negative marks in last row, maximum total marks 30. Category Each box Each box represents 1 Each box represents Each box represents 1 point point 1 point represents 1 point Job Posting Included Job Description aligns with qualifications Salary property converted to NET income Reflection is well thought out and articulated Income Savings -Short term goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Savings -Medium Term Goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Amount of Goal is correctly converted Savings Purpose is in Into monthly -Long Term Goal SMART goal format requirements Time frame and amount are realistic for intended savings goal purpose Boal purpose given time frame Full Description Accurate payment Information monthly tiven balance Debt Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Description is Accurate Suitable given job location and living location Phone Estimate is Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic given time frame Boal purpose Accurate payment Information monthly Full Description Debt given balance Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Description is Suitable given job location Accurate and living location Phone Estimate is Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic Description is Suitable given job location Accurate and living location Phone Estimates Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic be incurred Net Correctly identified Correctly Calculated Surplus/Deficit Well written with Concrete action plan Realistic Accurate it Analysis implemented zero grammar or properly laid out Create your budget! Use the attached template to create your budget. Does it balance? Consider short-term and long-term changes you might need to make Estimate your Income Determine your entry level salary of your new job Find a REALISTIC position which you would quality for an any legitimate website, for example: https://www.workoalis.com/ene htus:www.monsterzaehtes/www.ndeed.com You must include a copy of the job description screen shot or text posted in to report, NO LINKSI which includes location, salary expectation and qualifications as well as a personal reflection on why you would want this job please clain if you have previous skills before your time at Mohawk, particularly if it is relevant to the application Calculate your approximate NET Income after your deductions (income tax CPP and Ell using the following website (include a screenshot of the net income summary httpsinuxos.ca/taxe calculated/Zham-bust calculate calculate salary15&from-hourite Brion Ontario e 2) Plan your Savings: (according to the 50/30/20 rule, you should aim to save at least 20% of your income toward short and long-term goals . You should try to build your emergency reserve (3 months income or 6 months expenses as quickly as possible) Think about your medium- and long-term goals and allocate your wings accordingly. For purposes of this assignment, you do not need to determine which investment vehicle de TFSA Or RRSPis most appropriate. nor how to invest stocks, bonds, mutual funds) however we will discuss these issues later in the Goals must be stated in SMART format and must be reasonable and realistic for the intended savings purpose. Vi should try to build your emergency reserve months income of months now! Think about your medium and song term goals and allocate your savings accordi Forrest of this great you do not need to determine which investment vehicle TSA Or RRSP is most apocorror how to invest i stocks, tronditutunda however we will discuss the stater in the . Galimot betated in SMART format and must be comonable and restatic for the intended det er GA CM Baleser Expenses your huge must include, but not limited to -Undang hone Travansport penes Food Entertainment You may use til personer or any otimate website to a here me a few of you started www.bonitetit.257 hits.trentakshamitonettamen canada.com.coste denne ate le www.be.com/costofino YOU MUST PROVIDE EVIDENCE OF YOUR RESEARCH INCLUDING SCREEN SHOTS, AND REFERENCES FROM ANY OTHER WEBSITES USED. You may add additional rows it required Income Monthly Amount Job Tho/Description Monthly Gross Amount (before tanes Monthly Net Amount lattered Rationale Saving "Puse 50/30/20 budget rules for this purpose Include Purpose and Time Frame - SMART Amount Goal 81 format Short-Term Include Purpose and Time Frame - SMART format Amount Goal #1 Short-Term Include Purpose and Time Frame - SMART Amount Goal #2 format Medium-Term Include Purpose and Time Frame - SMART Amount Goal #3 format Long-Term Expenses Debt Repayment: Description Total Amount Rent: Description Location Transportation: (note, if you have already disclosed car payment, do not duplicate, but include items like gas, insurance, parking etc. If you do not intend to own a vehicle ensure you include expenses for public transit, uber, taxis etc) Item: Description: Cell Phone Food Gas Entertainment OTHER EXPENSES Net Surplus/Dencit Discretionary Income DO YOU HAVE ANYTHING LEFT? Analysis Based on your budget above, do you have a Net Surplus or a Deficit? you have a Net Surplus, what could you do with the funds to increase your Net Worth? If you have a Deficit, what options do you have to cover the deficit each month? What budget items could you change to decrease/eliminate the deficit? Explaint "Remember to include all supporting documentation! Please see rubric below including negative marks in last row, maximum total marks 30. Category Each box Each box represents 1 Each box represents Each box represents 1 point point 1 point represents 1 point Job Posting Included Salary properly Reflection is well Job Description aliens converted to NET thought out and with qualifications articulated Income income Savings -Short term goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time frame and amount are realistic for intended savings goal purpose Savings -Medium Term Goal Amount of Goal is Purpose is in correctly converted into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Amount of Goal is correctly converted Savings Purpose is in into monthly -Long Term Goal SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Accurate payment information (monthly Full Description Debt given balance Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Descriptions Accurate Suitable given job location and living location Phone Estimate is Realistic Food Entertainment Other Estimates Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic be incurred The future is now! Assume that you have just graduated from your chosen program at Mohawk College and have successfully landed a job in your chosen field. Create your budget! Use the attached template to create your budget. Does it balance? Consider short-term, and long-term changes you might need to make Estimate your Income Determine your entry level salary of your new job Find a REALISTIC position which you would quality for on any legitimate website, for example: httos: www.workoalis.com/ htts://www.monster.cattos//www.indeed.com You must include a copy of the job description screen shot or text posted in to report. NO LINKS) which includes location, salary expectation and qualifications as well as a personal reflection on why you would want this job (please explain if you have previous skills before your time at Mohawk, particularly if it is relevant to the application) Calculate your approximate NET income after your deductions (income tax CPP and Eusing the following website include a screenshot of the net income summary https://www.ca/taxe calculatoram=&uct calculate calculate salary=15&fromhourat e sgianOntario: 21 Plan your Savings: (recording to the 50/30/20 rule, you should aim to save at least 20% of your income toward short and long-term goals You should try to build your emergency reserve (3 months income or 6 months expenses as quickly as possible) Think about your medium and long-term goals and allocate your savings accordingly. For purposes of this assignment you do not need to determine which investment vehicle (le TFSA Or RRSP) is most appropriate. nor how to invest de stocks, bonds, mutual funds) however we will discuss these issues later in the Goals must be stated in SMART format and must be reasonable and realistic for the intended savings purpose, Budget your Expenses: Iyour budget must include, but is not limited to Rent Utilities including cellphone Travel/transportation expenses Food Entertainment You may use actual personal numbers, or any legitimate website to gather your data, here are a few to get you started: https://www.rentboard.ca/cantats/rentalcats.aspx?locid-4257 http://entals.ca/hamilton hittas/moxing.canada.com/coste: cafe ellvio e vine: e bamilton/ https://www.cumbeo.com/coste zerotic living in Hamilton YOU MUST PROVIDE EVIDENCE OF YOUR RESEARCH INCLUDING SCREEN SHOTS, AND REFERENCES FROM ANY OTHER WEBSITES USED. You may add additional rows if required Income Monthly Amount Job Title/Description Monthly Gross Amount (before taxes) Monthly "Net" Amount (after taxes) Rationale: Saving use 50/30/20 budget rules for this purpose Include Purpose and Time Frame - SMART format Amount Goal #1 Short-Term Include Purpose and Time Frame - SMART Amount Goal #2 format Medium-Term Include Purpose and Time Frame - SMART format Amount Goal #3 Long-Term Expenses Debt Repayment: Description Total Amount Rent: Description Location Transportation: (note, if you have already disclosed car payment, do not duplicate, but include items like gas, insurance, parking etc. If you do not intend to own a vehicle ensure you include expenses for public transit, uber. taxis etc) Item: Description: Cell Phone Food Gas Entertainment OTHER EXPENSES Net Surplus/Deficit Discretionary Income DO YOU HAVE ANYTHING LEFT? Analysis: Based on your budget above, do you have a Net Surplus or a Deficit if you have a Net Surplus, what could you do with the funds to Increase your Net Worth? If you have a Dencit, what options do you have to cover the deficit each month? What budget items could you change to decrease/eliminate the deficit? Explain: ***Remember to include all supporting documentation!*** Please see rubric below including negative marks in last row, maximum total marks 30. Category Each box Each box represents 1 Each box represents Each box represents 1 point point 1 point represents 1 point Job Posting Included Job Description aligns with qualifications Salary property converted to NET income Reflection is well thought out and articulated Income Savings -Short term goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Savings -Medium Term Goal Amount of Goal is correctly converted Purpose is in into monthly SMART goal format requirements given time frame Time-frame and amount are realistic for intended savings goal purpose Amount of Goal is correctly converted Savings Purpose is in Into monthly -Long Term Goal SMART goal format requirements Time frame and amount are realistic for intended savings goal purpose Boal purpose given time frame Full Description Accurate payment Information monthly tiven balance Debt Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Description is Accurate Suitable given job location and living location Phone Estimate is Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic given time frame Boal purpose Accurate payment Information monthly Full Description Debt given balance Repayment Rent Transportation Listing is provided Location is suitable Elven job choice Description is Suitable given job location Accurate and living location Phone Estimate is Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic Description is Suitable given job location Accurate and living location Phone Estimates Realistic Food Entertainment Other Estimate is Realistic Expenses Estimate is Realistic Demonstrates understanding of expenses which will Estimate is Realistic be incurred Net Correctly identified Correctly Calculated Surplus/Deficit Well written with Concrete action plan Realistic Accurate it Analysis implemented zero grammar or properly laid out