List out your expenses and decide if they are needs or wants

​

Needs

vs.

Wants

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• Coffee: 10 lattes @ $4 each

• Movies: 3 movies @ 10 each

• Food: 4 meals with friends @ $12 each; 20 snacks/energy drinks @$3 each

• Clothes: 3 trips to the mall with friends @ $30 per trip

• Car insurance: Parents make her pay $70/month toward policy in exchange for driving family car

• Gas for car: 2 fill-ups @ $35 each

• Cell phone: Parents expect her to pay $36/month toward family plan

• Shoes: 1 pair  @ $60

List out how much money you are making each month

​

Income

​

• Gross Pay

• Net Pay

• Side Hustle​

List out how much money you are spending each month, and what you are spending that money on.

​

Expenses

​

• Needs

• Wants

• Saving