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Assignment Description In this assignment, you will identify income and expenses to create and calculate a budget. Feel free to decide if you would like to use real data from-your current job or use projected data for your future career. You will need a computer and Microsoft Excel to complete this assignment. If you need to install Excel, visit Microsoft Office 365. Using Al tools to brainstorm, create outlines, or research is acceptable. However, please use them responsibly. Do not generate entire projects and present them as your, own. Uphold academic integrity and let these tools complement your hard work, not replace it, See Academic Integrity and You page for more information. Learning Outcome Develop a budget given specified parameters using a spreadsheet e Manipulate a budget to achieve a specified outcome Directions Step 1: Income Assessment (What is your monthly income?) Download, rename, and save the Revised Monthly Budget Template Assignment with Reflection.xIsx 1 If you have trouble with the excel version of the template assignment document you may view the content in this read-only pdf file. Revised Monthly Budget Template ! Assignment with Reflection-1.pdf 4 e Thinking about your current or future career/job, identify what you currently earn or expect to earn as a monthly salary. Note: If you prefer to project future earnings, use O*Net [= to identify realistic local wages for the occupation you plan to pursue. List sources of income and the amount you earn or anticipate earning from each source. This could include your income, income from a partner, additional part-time employment, scholarships, financial aid, etc. *Please know that this information Will be kept private and confidential. If you don't feel comfortable sharing this type of personal information feel free to use O*Net linked above to use projections.\" Step 2: Expense Identification (What are your monthly expenses?) * Using your budget template, list all your current or future monthly expenses including rent or mortgage, utilities (electricity, phone, water, etc.), groceries, transportation and insurance, clothing/uniforms, entertainment, childcare, etc. Beas detailed as possible and estimate realistic amounts for each expense. Success Tip: The cells in the template provided are locked to ensure that the totals calculate correctly, Once you have downloaded the template, you are welcome to edit using the password mgf1130. Step 3: Reflection Examine your budget including your monthly income, monthly expenses, and net remaining (dollars). R J * Reflect on what you have learned about your monthly budget including whether you are running a surplus or deficit. Y Answer reflection questions 1, 2 or 3, and 4 by filling in the textbox found below your budget. sal i i i idee ae nea