1. Jenny Yoon Period 3

2.  Go to Mr. Rylaarsdam’s website  http://mysite.auhsd.us/personal/rylaarsdam_m/ virtualenterprise/default.aspx  Find the “VE Personal Finance” link on the left site of the page  Open “Setting Up Personal Finance” and “Personal Budget Template” underneath the section “Tasks”  Using the instructions on “Setting Up Personal Finance,” you will be creating your monthly budget on the template

3.  Step 1: Fill in personal information:  Name  Job Salary (Gross)  Found underneath your job description (also on Mr. R’s page)  Net salary will be calculated by Excel

4.  Step 2: Find somewhere to live  Sherlock is based in ____________.  Find local rental guides  Apartments or houses  If with roommates: one person per room!  Save proof and update worksheet  Step 3: Find renter’s insurance quotes  www.progressive.com www.progressive.com  Use information on task list to find insurance  DO NOT CONTINUE TO BUY!  Save proof and update worksheet

5.  Step 4: Utilities  If apartment complex pays some utilities for you, you DO NOT need to fill in the box that applies  If not, go to the “Electricity and Gas” tab to determine costs  Update and save the worksheet  Step 5: Water Bill  Using the rate on the task sheet, calculate your water bill  Apartment: $10 per room  House $15 per room  Update and save the worksheet

6.  Step 6: Telephone  Phone bill: choose the carrier and plan  You MUST have cellular and/or landline  Save the proof and update the worksheet  Step 7: Cable TV  Choose a cable company and plan  Save the proof, and update the worksheet  Step 8: Internet  Choose an internet provider and plan  Save proof and update the worksheet  You may use the same company for all three steps if it provides all plans (ex: Verizon, AT&T)

7.  Step 9: Car  Don’t be overly ambitious, or you WILL run out of money  Used or new car  Save the proof and update the worksheet  Step 10: Car Loan Payment  Use provided link and car proof to determine your monthly payment

8.  Step 11: Car Insurance  Choose a insurance company  Use the information given on the task sheet and information found to calculate insurance  DO NOT BUY! Press print quote and just save proof  Update worksheet  Step 12: Gasoline  Use your budget worksheet tab labeled “Gasoline”  Fill in needed information and calculate  Update and save the worksheet

9.  Step 13: Food  Just enter in the cost found on the task sheet  Males: $400  Females: $250  Step 14: Household Supplies  Just enter in the cost found on the task sheet  $40

10.  Find charities to donate to  This is not optional!  Research and determine how much you want to donate  Save the proof and update the worksheet  Find health and life insurance, retirement fund  Leave this blank for now; services may be provided by Sherlock  Determine your flexible living expenses  Save your worksheet

11.  After you think you have completed the Personal Budget, save the worksheet as indicated on the task sheet  Email it to me at jyoon1993@yahoo.comjyoon1993@yahoo.com  This presentation will be on Mr. Rylaarsdam’s website too, just in case you need it.  Feel free to email me questions and concerns if you have them!

12. THANK YOU!