2. A BUDGET IS…
A budget is a plan, which means figuring out what money will be
coming in, how much I will be spending and how much will be
going out.
I’d have to spend my $500 budget on expense that include
entertainment, clothing, transportation, purchasing a
cellphone, personal items and food
3. CLOTHING
I usually just get hand-me-down clothes from my cousins and aunties, and I
don’t like shopping so I’m not one to buy clothes. I do like to go to Value Village
a bit and buy different pants, t-shirts and shoes. No jeans or fancy clothes
because I barely ever wear jeans or fancy clothes. *these expense will be base
off Value Village prices*
Expenses:
3 t-shirts: around $23.97
Tights: $11.80
Sweat pants: $5.99
Boots: $18.99
Muscle shirt: $2.99
Running shorts: $6.90
Total Expenses for Clothing:
$70.64
4. ENTERTAINMENT
I usually just hang with friends at their house but I do go to the movies
monthly and a dinner out to get sushi, my friends and I split the bill.
Expenses:
Adult admission ticket: $13.99
Chocolate bar: $1.35
Nibs: $1.25
½ Sushi date: $17.99
DVD: $24.99
Total Expenses for Entertainment:
$59.57
5. TRANSPORTATION
I’d take the city bus to help the environment and save money, So I
would have to buy a monthly transit pass.
Expenses:
Monthly Transit Pass : around $35
Total Expenses for Transportation:
$35
6. CELL PHONE
This project says ‘purchasing a cellphone’ so I have to buy a Telus
phone and a prepaid card
Expenses:
Samsung Galaxy Discover: $110.74
Prepaid Telus Card: $11.20
Total Expenses for a Cellphone:
$121.94
7. PERSONAL ITEMS
I don’t buy much but I would need the essentials for hygiene and
such.
Expenses:
Face wash: $12.99
Mascara: $9.99
Tampons: $8.98
Shampoo: $3.92
Birth Control( per month): $14.80
Bars of soap: $2.56 Razors: $2.98
Toothpaste: $2.28
Total Expenses for Personal Items:
$68.70
8. FOOD
I do love food, but I’m also not a picky eater, so I’d get anything on sale. Also, I
would look for coupons to save money.
Expenses:
2 pizzas: $6.66
3 boxes Kraft Dinner: $3.75
3 packs dried mangos: $15
2L Dairyland milk: $3.49
Almond Crisp Cereal: $3.47
Whole Grain bread: $3.07
yogurt: $4.98
Smuckers Jam: $2.33
Margarine: $3.87
Mayo: $2.97
Campbells Chick Noodle soup: $1.97
Apples: $9.40
4 Swanson Skillet meals: $21.24
Bananas:$4.98
2 bags of chips: $4.94
Oranges:$4.65
Popcorn Kernels: $3.97
Chocolate: $12.57
Dill Pickle Seasoning: $2.77
Granola Bars: $8. 54
2 cans of Juice: $2.33
2 containers
Blueberries: $3.97
Sandwich Ham: $3
Mustard: $1.79
Bag off granola: $4.97
Total Expenses of Food:
$140.69
9. SUMMARY
Obviously, I don’t know what exactly I would need to buy each month, so this is
all approximate. I have little very money that will go towards food or personal
items. The little money I have left over from my $500 will still go to food or
personal items. Also I will buy most things on sale and with coupons to save
money and be able to buy more things. This is all approximate.
Expenses:
Clothing: $70.64
Entertainment:$59.57
Transportation: $35
Cellphone:$121.94
Personal Items: $68.70
Food:$140.69
Total Expenses: $496.54
