1. Budgeting Your Future

2. Why Budgeting Is Important  Over a third of Americans are in debt with an average debt of $5,200  Creating a budget can help prevent being in debt

3. What Do You Want To Be?  Accountant  Engineer  Lawyer  Doctor  Police Officer  Software Developer

4. Average Starting Salaries  Accountant: $53,300  Engineer: $64,344  Lawyer: $82,048  Doctor: $150,500  Police Officer: $49,500  Software Developer: $61,000  Average of All Other Jobs $45,000

5. Savings  One of the most important parts of making a budget is savings  If you spent all of your money as soon as you get it you will never have any money left over to buy a car, a house, etc.  How much of your salary do you want to go towards savings?

6. What Type of Transportation Will You Use?  Buy a car: $326 monthly payment  Gas: $150  Use the bus: $60  Taxi: $200  Walk or ride a bicycle: Free  Railroad $300

7. Housing  Mortgage toward purchase of a house: $3,000  Mortgage towards purchase of a condo: $2,300  Rent an apartment: $2,000  Any roommates and how many?

8. Food  Cook your own food: $275  Eat out 2-3 times a week: $350  Eat out every night: $600

9. Entertainment  Going to the movies: $15  Going to local sporting events: $15  Going to professional sporting events: $100  Going to concerts: $150

10. Clothing  Estimate a realistic amount you possibly would spend on clothing a month  Note prices vary between brands drastically

11. Miscellaneous  Examples:  Charity  Gifts  Decorating House/Apartment

12. Overview  What did we learn from this activity?  What are the benefits of saving money?  How much should you be saving each month?  Should you pick your job based off of just salary?