Per+78+Barnaik,+Nicole

1. How much money (gross) do you make per year? Per month? $26754 2. How much are you paying in federal taxes per year? $8026 3. What is your net income per year? Per month? $18728 4. Is your budget balanced? no a. If not, by what amount are you overbudget?

What could you do to balance your budget?

b. If yes, how much are you able to put in savings each month?

What could you spend more money on, instead of putting all of it in savings?

5. Is this project a realistic simulation of what it would be like plan a monthly budget? its somewhat realistic 6. What was the best aspect of this project? (in your opinion) the best thing about it was that it gives us all a chance to see how many things you really need to pay for when you live on your own and how expensive things can be. 7. What would you change about this project? (in your opinion) Ive never used excel before so i would take that part out. 8. What has this project taught you about living in "the real world"? Its not as easy as everyone thinks it is.

Nicole Barnaik  Congratulations! You have been offered a job as a hair stylist! More information will follow so that you will be able to fill out a tax return!