In order to get an idea of the cost to be independent, you need to estimate your living expenses and your leisure expenses.  By the end of this lesson you will have formulated a budget that will give you an idea of the total cash you will need to live on your own.

Watch the video below to see what other students have to say about budgeting in real life.

"The Budgets are Beautiful Show"

 

 

Directions:

Materials Needed:

  • Paper.
  • Pencils.
  • Local newspapers. (Note: Step 3 can be completed with the use of a local newspaper.)

Provided below are the necessary steps needed to complete this assignment.  In order to fulfill the criteria, click on the provided links to get to each step.

Click on the following links... 

Step 1: Apartment Hunting

Step 2: Car Loans

Step 3: Food & Entertainment

Step 4: Final Budget Analysis