Develop a monthly budget and track your spending (every penny!) for 2
weeks for yourself reflecting your living, eating, and discretionary
expenditures.
For the monthly budget use the budget worksheet. If you live in the residence halls, ask
whoever pays (e.g., parents) how much it costs and list those costs for room and board for a
month. If you do not pay room and board yourself, list the amount as both a cost and as income.
Then, track your spending (every
penny) for two weeks using the
spending tracker form.
Assess your budget and expenditures and TYPE insightful comments on how you manage your funds. Are
you unnecessarily frugal? Do you overspend in one particular category? Do
you pay your bills on time? Would better planning prevent stressful
situations at the end of the month? Are there ways you could be saving more?
Do you define yourself by how much money you have or not have?
Attach a cover page to your assessment, monthly budget, and 2-week
spending tracker. Turn in by Wednesday, Dec. 10 at Midnight in the
D2L dropbox.
