Semester Project Assignment

Economics Budget Project

Objective: Create a Budget for your fictional family, using the data provided, for 12 fictional months.

Things that must be completed during the Project:

12 (months) of Budget worksheets with all the Family Crisis and Surprise Card changes included. January to December.

House - Go on the internet and find a house for the amount listed on your salary sheet. Include picture and specifications.

Car Value - Find a car on the internet that you could own for the amount you pay each month in your budget (we will go over in class how to determine that amount), Include picture and specifications.

Grocery List for one month - Make a list of food that you could buy to feed your family of four for one month on the amount listed in your budget.  List prices and amount, what grocery store, what date you checked prices and totals. 

TV/Internet -Go on internet and figure out what you would get for amount you pay. List company or companies, amount and services you would receive. Typed summary with links to websites

Cell Phone Package - What would you get for amount you pay. List company, amount and services you would receive. Typed summary with links to website

Below are the percentages for each bill at the start of the project (Some of these percentages will change during the course of our budget due to crisis and surprises):

Housing 20%

Electricity 2%

Water 1%

Phone 2%

TV/Internet 2%

Auto Insurance 3%

Health Insurance 4%

Taxes 15%

Tithe/Charity 10%

Food 10%

Gas 6%

Car 6%

Savings/Investments 3%

Miscellaneous 1%