Please only accept this if you can answer each one. Please no AI answers. Only accept if you have the knowledge to accurately answer these. Thank you.

For this activity, you may use estimated amount for your current income and expenses, OR you may use estimated amounts for income and expenses that you expect to have upon completion of your education.

In the chart below, list all sources of income with the estimated monthly amount.

Sources of Income

$($Examples: job, financial aid, child support, interest, etc.$)$ Approximate Monthly Amount

Job $7300$

Total Income

In the chart below, list all expenses with the estimated monthly amount.

Expenses

$($Examples: rent, tuition, car payment, car insurance, utilities, food, gas, medical, etc.$)$ Approximate Monthly Amount

Car Payment $686\mathrm{.}00$

Gas $100\mathrm{.}00$

Rent $1750\mathrm{.}00$

Food $500\mathrm{.}00$

Total Expenses

Using the totals from your charts, answer the following:

$1.$ What is your total income per month?

$2.$ What is your total expenses per month?

$3.$ What is your monthly cash flow $($income $$ expenses$)?$

$4.$ Is your cash flow positive or negative?

$5.$ If your cash flow is negative, what can you change to improve your financial situation? $($Please answer this question even if your cash flow is positive. What would you do if it ever became a negative cash flow?$)$

$6.$ If your cash flow is positive, what are your plans for the extra money you have?

$($Please answer this question even if your cash flow is negative. What would you do with any extra money per month?$)$