2.10: Budgeting
This assignment is for your own use, and will not be turned in. It is designed to help you understand the challenges of living in poverty, and it is recommended that you take your time with this. If appropriate, this may be a topic of interest to mention in an online or in-person discussion in the future.
Part 1: Copy the chart below onto a piece of paper. Fill in the figures for your own personal budget. You will not be asked to share these figures with anyone else.
Part 2: Now go back to the form and fill it out a second time as if you were the head of household for a family of four living at the poverty line in 2017. Your annual budget is $25100, which comes out to approximately $2091 per month. What would need to change?
Part 3: Play Spent How much money did you end up with at the end of the month? What were the hardest decisions you had to make?