$10 Hr. Budget Exercise

Rent Beavercreek, Ohio

1 Bedroom Apartment: •$700; $800

2 Bedroom Apartment•$900; $1,000

2 Bedroom Apartment w/ roommate: $450 - $525

Car Payment Used:

•$200New:

•$350Luxury:

•$450

Car Insurance (without wrecks!!!)

Used:•$50

New:•$75

Luxury:•$100

Cell Phone (1 person) Basic:

•$35

Text Plan: •$55

Text + Internet: •$80

Cable & Internet Basic:

• $25 Expanded Basic:

• $50 Digital:

• $100 Satellite:

• $35, $70, $100

Internet: $25 High-speed Internet: $45

Fixed Payments Gas (1 tank):

•$40-$60 average car/truck… Groceries:

•$200 - $300 Power/Gas:

•$125 Water/Trash:

•$65 Renter’s Insurance:

•$15

Questions???1. Were you over/under your budget & by how

much?2. Could you survive on $10 hr. and maintain

the lifestyle you desire?3. Would you have enough money for other

costs (clothing, entertainment, college, etc.)?4. About how much would you need to make an

hr. to maintain the lifestyle you desire?5. What would you cut out to meet your budget

or reduce expenditures?6. Were you surprised by the results? Explain.7. How will this info. help you in the future?