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One of the most important aspects of being a consumer is developing a personalized budget that corresponds to your needs, wants, and resources. Part of your final exam (75%) will be based on developing a monthly budget that you determine by using a brief hypothetical situation. The hypothetical situation will consist of your occupation, your marital status, number of dependents, and where you live. Based on your situation you will need to create a very detailed budget to estimate your monthly income and expenses. You will use the Internet, library, and real-word situations to determine the estimation of your budget. The numbers you come up with have to be accurate to your situation and need to be substantiated by evidence or proof. Many different handouts and worksheets will be needed to complete this project. The proper handouts will be provided. The entire final budget will be put on a Wikispace for me to grade. You must put all supporting information on this page as well. We will work on this project throughout the entire semester.

Each of you will have a page on this wikispace to post your information. We will set up the pages with a table of contents to make navigation easier.