Kyle+W,+Taylor+B,+Sean+J

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[|Transit System] [|2 Br Appartment] [|Food Price Estimation] [|Cell Phones] [|Map] =Budget Project Write-Up Our group chose to live in an apartment. We decided to spend our 15000 dollar income on; first, the rent deposit and rent for the first month for a total of $694, because it was the best deal we could find for a 2 bedroom apartment near Grossmont Center, which is the location we wanted. We paid for all of the following per person. We spent $200 a month on food because that is the average a person spends on food in one month. Then we spent $20 on dry cleaning a month cause let’s face it, we don’t want to do our own laundry. We spent 50 dollars a month on Utilities for the apartment. Next we put whatever was left over into our college savings. Then we paid twenty-seven dollars a month on cell phones because we like to talk to our friends. We spent $75 a month on entertainment which might include things like going to the movies, or going to a sports game. We paid $139 on our transit passes for the first month and didn’t have pay anymore. And finally $15 a month on internet. Total we spent $5,263, and saved a total of $1,437. We have discovered that even if you have a $1500 income a month it is very hard to budget your money and spend it wisely, even on the essentials like food and housing. It was very difficult to make the decisions on what to spend our precious money on considering we were going to school, but still wanted to have some kind of savings. Finally, yes, most definitely we will save enough money to go to school next semester.=