Auburn's Financial Portfolio
When I interviewed my mom about our monthly budget plan I never expected to hear what I heard, or to think that it could be so complicated. I learned that a well can save you a lot of money on water bills. I also learned that you really don't need to spend a lot of money on clothing. When looking for a job,I know it's important to like your job so you can do your best at it,but it's also important that it pays enough to keep you running, so I chose to be what I've always wanted to be, a teacher. Now I've got a monthly income of $2,708.33. Being a teacher I don't get a very high starting salary, so that means I live in a 1 bedroom, 1 bathroom apartment, and driving a Ford Fiesta without a furry friend to keep me company. When I planned my monthly budget the first time I was surprised to see that I could afford my monthly expenses without going over my salary, that means I created a balanced budget. I created a balanced budget by spending only $150.00 on entertainment and not buying a pet right away.
Creating this spreadsheet helped me see that you have to spend your money wisely and think of your future expenses.
This project has helped me prepare for my future by teaching me that I need to use money wisely and save for the future, and not to worry about my starting salary and not having enough money to keep me up and going.