The purpose of this Discussion assignment is to determine how your money is being utilized. Try this free online budgeting tool called Budget Calculator.
Fill in the numbers for a typical month’s income and expenses. Use financial records where possible, and estimate where necessary. Once you’ve tallied all your numbers, answer the following:
- What was revealed about your budget through this exercise?
- What changes, if any, do you desire to make with regard to your budgeting process?