Project #$1$: Save Your Receipts $-$ Tracking Your Expenses

Due Sunday by $11$:$59$pm Points $10$ Submitting a text entry box or a file upload

Week $1$: Project #$1$: Save Your Receipts

Project $1($Save Your Receipts starting Week $1)$ Due Week $4$

SAVE YOUR RECEIPTS: Only write down transactions for goods, services, bills, etc.

Do not write down ATM cash withdrawals $($that is not an expense$).$ As you spend the cash you withdrew, record each transaction in your worksheet. $($ You will NOT be submitting receipts to me$,$ just the numbers on the expense tracking excel sheet.$)$

Project #$1$ directly supports Student Learning Outcomes $($SLO$)$:

SLO$-2$: Students will be able to conduct budget analysis and action planning to meet these goals.

To learn more about this process, please select $($SLO$).$

Read the full project INSTRUCTIONS and SAMPLES for all $3$ Projects, this semester.

In PROJECT $1-$ Tracking Expenses, you will:

Identify expenses incurred over the course of a $4-$week period $($first $4$ weeks of class$)$

If you spend money, save a receipt and write it down $($this is cash out$-$flow$)$

If you make money, keep a list $($this is cash in$-$flow$)$

Download & complete the Excel File:

Project$1-$online$-$Track$-$Expenses$-$ONLY.xlsxDownload Project$1-$online$-$Track$-$Expenses$-$ONLY.xlsx

Using the Expense Tracking Worksheet $($Project $1),$ write down all expenses you incur during the $4-$week period $($first $4$ weeks of class$).$ At the end of the $4-$week period, total your expenses.

SAVE YOUR RECEIPTS: Only write down transactions for goods, services, bills, etc.

Do not write down ATM cash withdrawals $($that is not an expense$).$ As you spend the cash you withdrew, record each transaction in your worksheet.

If you have difficulty remembering how much you have spent, use an envelope to keep track of receipts.

If you make a purchase that does not provide a receipt, use a scrap of paper to write it down and put it inside the envelope. Label your expenses.

Here is a SAMPLE of a completed Project #$1-$ Receipts $($Tracking Expenses$)$

SAMPLE$--$Project$1-$RECEIPTS$-$Finance.pdf