Personal Budget Plan 1. Graph three careers 2. Choosing a Career Which occupation did you choose?
How much will you make?
How much education will you need?
3. Calculate your budget: Use the percentages given to determine your monthly budget. (Note the percentages are the average recommended percentage of your salary. You may opt to play with the numbers. In other words, if you wish to place more in savings then you must adjust another category’s percentage.) Yearly salary _____________________________
Monthly salary (YR/12) _____________________ Housing: 28% Taxes: 16%
Automobile: 12%
Food: 18%
Savings: 5%
Utilities: 5%
Entertainment: 5%
Misc. /Other: 11%