Project #1639 - economics

You are a college student or an entry level employee working for an above minimum wage rate of $8.00 per hour and receive 40 hours per week. Your gross pay for a week would be $320.00. After taxes your net pay will be $262.35 per week. Your job is to determine how far does a paycheck really go.


You will investigate to determine costs for each of your budget items. With that information you will compare the costs and determine what the appropriate cost is for each of your budget items.

Then you will use the budget spreadsheet you created to enter the costs for each budget item. When you have entered all costs you should ensure the your total does not exceed your net pay. 

The process to complete this investigation is as follows: 


Prepare a Personal Budget

  • Create a spreadsheet application for a budget
  • Insert appropriate formulas to provide calculations of total costs and the               percentages of each item to the total.
  • Ensure that all cells are formatted appropriately
  • Be creative in applying color and graphics to  the spreadsheet
  • Headings should be bold with the related data not bold
  • Include the following budget items:
  • Housing
  • Electric
  • Gas
  • Water
  • Telephone (Landline)
  • Telephone (Cellular)
  • Groceries
  • Auto: Payments
  • Auto: Insurance
  • Auto: Fuel
  • Clothing
  • Health Insurance
  • Education
  • Entertainment
  • Charity or Church
  • Savings
  • After your spreadsheet is completed, enter in the costs for each budget item based on your own prior knowledge.  Simply, estimate the costs of each budget item with the total costs not to exceed your total net income from your paycheck.

Sources must be verifiable with copies of print sources, URL of online sources. 

Collect data from three sources regarding each budget item.

Include at least two URL source hyperlinks on spreadsheet.


  • Set appropriate priorites for the costs of each budget items. Budget the                appropriate amount for the most important budget item first, then movedown the list determining what is the most important budget item remaining on the list and apply the appropriate costs to that item.
  • Do not exceed your net income from your paycheck.
  • Explain what you discovered in this assignment. 

Subject Business
Due By (Pacific Time) 12/14/2012
Report DMCA

Chat Now!

out of 1971 reviews

Chat Now!

out of 766 reviews

Chat Now!

out of 1164 reviews

Chat Now!

out of 721 reviews

Chat Now!

out of 1600 reviews

Chat Now!

out of 770 reviews

Chat Now!

out of 766 reviews

Chat Now!

out of 680 reviews
All Rights Reserved. Copyright by - Copyright Policy