1. Modern Decision Making Process
Teacher Sample

2. Household Description
Who Are We:
2 Females
22 years old
Graduated from Longwood University
Majored in Education and Accounting
Moved back home to Boston
Roommates in college
Teacher and CPA

3. Rent: Total Rent: $1,995/month
Money available at start of month: $6,000
Condo in Boston, MA
2 beds, 1 bath
1,050 sq. ft.
Comes with patio, storage, lawn, driveway
Total Rent: $1,995/month

4. Utilities: Total Utilities: $331.55/month
Money available after paying rent: $4,005
Electricity: $91.95/month
Cable: $65/month
Internet: $45/month
Natural gas: $129.60/month
Total Utilities: $331.55/month

5. Transportation Total Transportation: $230/month
Money available after paying rent & utilities: $3,673.45
2 bikes: $145
Public transportation: $85/month
Total Transportation: $230/month

6. Other Living Expenses:
Money available after paying rent, utilities, transportation: $3,443.45
Groceries at Costco & Whole Foods: $300/month
Shopping, restaurants, and movies: $200/month
Cell Phone Service: $220/month (combined plan)
Total Other Living Expenses: $720/month

7. Non-Essential Expenses:
Money available after paying rent, utilities, transport. & living expenses: $2,723.45
Savings for Trips: $550/month
Savings for Car: $850/month
Total Non-Essential Expenses: $1400/month

8. Total Amount Left Over Each Month: $1,173.45
Financial Decisions:
Money available after paying all previous expenses: $1,323.45
Savings Account: $150/month
Total Amount Left Over Each Month: $1,173.45

9. Thank You