Excel Activity #2b Budgeting. Overview & Income Example Budget - an estimate of income and expenditure for a set period of time. Minimum Wage Job – –

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Excel Activity #2b Budgeting

Overview & Income Example Budget - an estimate of income and expenditure for a set period of time. Minimum Wage Job – – Washington $9.32 – full time 40 hours a week – 40*9.32 = $ per week – $372.80*4 = $1, Gross pay – $1,491.20*.15 = $ federal taxes – $1, $ = $1, month (without other deductions included)

Expenses Housing Electricity Transportation Phone Internet TV Food Clothes Eating Out Movies Video Games Credit Cards Car Insurance Health Insurance Rental/House Insurance Gas/Maintenance Savings/Investments Shopping/Hanging Out School Books Items Necessary for Job Housing Incidentals Miscellaneous Medicines