STUDENT HANDOUT unit 7: Projected Budget sample balanced budget for: serena saver BUDGET PERIOD: October 2019 Cash on Hand September Balance Income (allowance) Income (part-time job) TOTAL CASH ON HAND Fixed Expenses Monthly College Savings School Lunch Transportation/Bus Fare Cell Phone Bill: Basic Plan TOTAL FIXED EXPENSES Variable Expenses Snacks before School Hair Salon Entertainment (movies with friends) Extra Text Message Plan Clothing (new shirt) Miscellaneous Expenses TOTAL VARIABLE EXPENSES Balance CASH ON HAND TOTAL FIXED EXPENSES TOTAL VARIABLE EXPENSES BALANCE +$307.60 -$125.00 -$165.00 $17.60 $50.00 $25.00 $20.00 $25.00 $20.00 $25.00 $165.00 $25.00 $40.00 $35.00 $25.00 $125.00 $12.10 $40.00 $255.50 $307.60 LESSON 31: BASIC BUDGETING AND FINANCING STRATEGIES Property of PeerForward/© 2022 PeerForward; All Rights Reserved. LeSSon 31: bASiC buDgeting AnD FinAnCing StrAtegieS 297