Question: Is the difference column right? Is it asking for the difference between month 1 and month 2 or the difference between my budget and month
Is the difference column right? Is it asking for the difference between month 1 and month 2 or the difference between my budget and month 2?
A B C D E F G H K L Month 2 Flows for both Month 1 Month 2 Budget Difference Months IN 3 Income/Cash Inflows Wages $ 939,00 934,00 $1 000 $ - 5 $1 873,00 Gift $ 350,00 $ 300,00 $300 $ -50 $650,00 Scholarship and Grants $ 1 956,00 2 764,42 $3 000 $808,42 $4 720,42 Tips 146,00 183,00 $150 $37 $329,00 8 Total Income $ 3 391,00 4 181,42 $4 450 $790,42 $7 572,42 10 Expenses 11 Monthly Expenses / Outflows 12 Tuition $ 2 060,00 $ 4 242,00 $2 000 $2182 $6 302,00 13 Gas 86,97 80,00 $80 $ -6,97 $166,97 14 Housing and Utilities 72,47 75,00 $70 $2,53 $147,47 15 Food 103,82 148,00 $150 $44, 18 $251,82 16 Personal care 60,67 13,29 $25 $ -47,38 $73,96 17 Clothing 103,47 19,95 $50 $ -83,52 $123,42 18 Entertainment 450,22 22,38 $150 $ -127.84 $172,60 19 Alchohol 61,75 44,08 $30 $ -17.67 $105,83 20 Other 308,21 269,30 $250 $ -38,91 $577,51 21 Total Monthly Expenses $ 3 307,58 $ 4 914,00 $2 805 $1 606,42 $8 221,58 22 23 Net Monthly Surplus (Defecit) S 83,42 $ 732.58 $1 645 $649,16 $816,00 24ZIe Instructions File For July, students will do the same thing with a couple of changes. So, continue tracking throughout the ! a 4 month of July. Students should set one or two saving or spending goals for the month of July. At the *v g conclusion of July, students will need to turn in the following items | * Required to be turned in 1. Tracking Sheet: This sheet should show a detailed list (date, amount, category, description, location) of each expenditure or income item that occurred during the month This file could be a spreadsheet (.xIs), .pdf, or .doc | B Cash Flow Statement: The Cash Flow Statement, or Income Statement, for July. This should summarize all the income and expense items for the month, showing the appropriate categories for income and expense. This file would be most easily created | using a spreadsheet 3. Atwo-to-three-page response to the following three questions (A, B, and D) l A. Please think of your personal values (i.e., what is very important to you in your life, what guides your decisions, what is the core characteristic you strive for?). With your personal values in mind, on a scale from 1 to 10, with 10 being entirely consistent, how consistent is your spending with your personal values? What is your number on that scale? B. Why did you rate yourself so high? What is most consistent? What are you doing well with your spending that is consistent with your personal values? | C. What is one small change you can make this coming month to move you just half | a step up the scale? D. Please also discuss in your write-up Your effectiveness at achieving your goals for July (see item 3(c) from the June requirements), and = What did you learn about your spending behavior from this project? Your response to this part of the question should be about one page i | | | || 1 | | {. | | | 1