EEGR400 Morgan State Projection of Monthly Expenses Finance Assignment

  1. Assume you are employed at $60,000 per year. Consider such deductions as social security, income taxes (federal, state and county) and your payment on health benefits. Do the best you can to come to grips with what is a realistic monthly take home pay.
  2. Develop a projection of monthly expenses; food, clothing, housing, auto payment, auto insurance, gasoline, utilities, etc. (refer to the list of possible expenses outlined in the Money Management PowerPoint presentation). Use Excel to organize your list of projections.