4. However, women need more clothes than men, meaning that women inflate the average,
and men probably spend a bit less. As well, I am by no means stylish, and am quite content
to wear inexpensive clothes. Therefore, I will be slightly under the national average.
5.
6. I currently
pay 45$ for
my phone
plan. The 70$
is the
cheapest
high-speed
internet I
could find in
Kelowna.
7. This is where my needs definitively turn into wants. I NEED food and clothes. It
would be INCREDIBLY USEFUL to have transportation, a phone bill and internet.
Although this would not be ideal, I could survive off of only this. Everything else I
could buy is not necessary, it would just be for my own enjoyment or benefit.
However, things I would like to spend money on are coffee, eating out, computer
parts, and movies. Alternatively, I could save this money and spend it on
something in the future. Regardless, I would not be able to afford many things
living off of 500$ a month and if not for the internet, I would be living a pretty
austere life. In summary, this budgeting excursive was a real eye-opener for me,
showing the importance of managing money.