The document provides instructions for students on paying bills as part of a personal finance simulation. It explains that students will pay monthly utilities like rent, electricity, gas, and cable as well as make flexible purchases from companies. It provides percentages of income that should be allocated to different bill categories and instructs students to pay bills online through the bank and by filling out paper checks. The document also mentions that students must print out transaction records, fill out worksheets, and complete a W-4 tax form.