Personal Finance Squad - Student Simulated Budget Exercises

Budget Planning Exercises for Students
Each major concept in the book is covered in these exercises to create your budget from scratch or modify an existing one. This section is about the course project for students whereby the will developing a budget, paying down debt and saving for the future. Each student will simulate by participating in real-life siutations to build each element of the budget plan. For a more detailed approach please review the budget planning instructional videos.

Course Project - Planning and Maintaining a Budget for Students

Task 1, The Paycheck, Government Taxes and Pretax Deductions Task 2, General Expenses in the Budget

Exercise 1, Leasing an Apartment Exercise 2, Child Care

Exercise 3, Purchase or Lease a Vehicle Exercise 4, Vehicle Maintenance

Exercise 5, Budgeting for Gasoline Exercise 6, Auto Insurance

Exercise 7, The Grocery Bill Exercise 8, Flexible Spending Account (FSA)

Exercise 9, Dependent Care Assistance Plan (DCAP) Exercise 10, Credit Card Debt Management

Exercise 11, Cell Phone Bill Exercise 12, Cable, Satellite and Internet Bills

Exercise 13, Electric, Gas Bills Exercise 14, Gifts Expense Tracker

Exercise 15, Optional Expense Items Exercise 16 Term Life Insurance

Exercise 17, Supplental Expense Account Items Exercise 18, Leftovers, Monthly Spending Money

Exercise 19, Filling out Supplemental the Spreadsheet Exercise 20, The Budget after Three Years