Develop a personal budget using the main components of wise money management

Assignment Instructions:

Using the excel file attachment, Personal Monthly Budget, answer the following questions.

Does your income exceed your expenses?

If so, how much are you saving each month and is it enough? How do you know it is enough?
If not, what are your goals for addressing the deficit (i.e. job change, cut back on expenses, etc)

How is your short-term savings—if you had an emergency, would you have enough in savings to handle the situation?
Why is a savings account important?How much do you need to have in savings?What are some tips to accumulating savings?

Write a 1-2 page paper that addresses these questions after completing your budget worksheet.

Use the attached APA_6th_Edition_Template template provided. Follow APA format, including a title page, introduction, conclusion, citations, and two scholarly references (not Wikipedia or Investopedia). See the attached PPT file. Turnitin report of no more than 20% similarity index is required.