This is the "Budget" page of the "Jobs" guide.
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Students will research three jobs and analyze how education affects income by creating a graph.
Last Updated: Aug 19, 2010 URL: Print Guide RSS Updates

Budget Print Page

Predicted Expenses

These are some sites that may help you predict your monthly payments for certain categories.



When you are not used to paying for your expenses, any amount of money seems adequate. You are to create a monthly budget to predict expenses; you can then determine if the salary for your job is adequate. For some of these expenses you may have to ask your parents for information. Some of the expenses may be covered by your employer. As a teacher, I don't have to pay for health care, vision, or dental; the school district pays. Remember that some costs will depend on the quality. For example, the payment on a BMW would be more than a Honda. Choose wisely. Include in your budget the following:

Expenditure Cost for one month
Utilities (water, electricity, gas)
Car payment
Car insurance
Car gas
Health car (doctor visits, prescriptions)
Vision car (doctor visits, contacts)
Dental care
Entertainment (shopping, movies, etc.)
Miscellaneous (cell phone, etc.)


Multiply your monthly total by 12 to see your expenses for the year. On the bottom of your budget answer these questions. How do the yearly expenses compare to the salary of your job? Would your salary provide enough money to cover your expenses?




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