Get out your budgets- What are your expenses after 6 months?

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Presentation transcript:

Get out your budgets- What are your expenses after 6 months? The Game of LIFE Get out your budgets- What are your expenses after 6 months?

Scenario 1 Role 1: Scenario 1: 30% of car accident ($1000)/ 40% of raised rent ($400/month)/50% of popular review of restaurant ($100 increase in pay/month), 40% of a bad day followed with shopping therapy ($375), 20% of gas tax ($20/month) Role 2: 30% of A/C unit breaks ($1500 cost)/ 40% of leaking pipe-call plumber ($350)/ 55% of loan forgiveness on half of college loans (reduce monthly payment $75/month), 30% of change in price to internet ($10/month) Role 3: 40% of Flu bug hitting the house (-$150 in doctor’s bills), 50% of water in the basement (-$1300), 30% of car accident/insurance increases (plus $100 every six months), 40% of grocery gift card- good job on bringing those reusable bags (plus $150)

Change your budget to adjust ADD UP WHAT YOU HAVE AFTER 6 MONTHS

Scenario 2 Role 1: 50% of Deciding to go back to school ($300/month)/65% of Friend talks you into Vegas Trip ($1200…you lost big!)/60% of Great Aunt dies and leaves money (plus $1500)/ 45% Roommate kicks you out and you need a new place ($500/month), 55% of bad drought ($40/month) for food Role 2: 45% of dog ruining couch (new couch $900)/ 15% of found out you have a child you didn’t know about (oops…$400/month)/ 20% of Discovered cure for disease ($10,000), 55% of a hit and run with no full coverage ($1700) Role 3: 50% of parent dying and leaving their debt to you (-$200/month), 75% of family vacation to Disney World (-$2500), 60% of kids need new clothes (-$350), 80% of family dinner outing (-$70)

Change your budget to adjust ADD UP WHAT YOU HAVE AFTER 6 MONTHS

Scenario 3 Role 1: 65% of Appendicitis ($800 hospital bill), 55% of losing a job (no salary for three months), 20% of promotion to manager (new salary $44,000/year) Role 2: 60% of corn famine, grocery bills increase (corn is in everything…$55/month for one year)/ 60% of doctor’s visit ($50 copay) => 40% finds a problem ($300 copay for more tests)/ 70% of placed on the family plan for your cell phone (reduce your cell phone bill to $10/month)/ 45% of your nerdy coin collection from childhood paying off (plus $3000) Role 3: 75% of starting investments with firm (-$100/month), 80% of kids birthday (-$150), 60% of fungus destroying yard (-$300), what’s that smell…60% of sewer lateral breaking (-$6000)

How did you do?