Creating a Budget

1
Creating a Budget Student Guide for Financial
Planning
2
Project Guidelines

• Your Project money is determined by the grades
  you have received the first 3 quarter this plus
  or minus your gains or losses in the stock
  market. Your budget project will include the
  following
• Cover Page Name, Date, Relevant Pictures
• Earnings Page Calculating your Budget Money and
  Points
• Budget Spreadsheet showing your monthly budget
• Home Picture of home (Include purchase price)
• Home Calculations (Class handout)
• 6. Car Picture of car (include purchase price)
• 7. Car Calculations (Class handout)
• 8. Car Insurance (Class handout)
• Interest Rates (Class handout)

3
Personal Monthly Budget
Page 1
4
Personal Monthly Budget
Page 2
5
Home Calculations
Home Purchase Price Monthly Payment Monthly
Property Tax (Purchase Price x .008) Monthly
Insurance (Square Footage of Home)
2
Calculator
6
Car Calculations
Car Purchase Price Monthly Payment Monthly
Insurance
Calculator
7
Car Insurance
Monthly Rates
Penalties or Perks Grade Points 11-12 -20 per
month 9-10 -10 per month 7-8 none 5-6
40 per month 0-4 60 per month
8
Loan Interest Rates