CFP

CFP 150 150 Affordable Capstone Projects Written from Scratch

1. Fill out the following budget worksheet for Molly so that she can project her income and expenses for an average month and for a year. Separate the fixed and variable expenses. Record both monthly and yearly amounts. Two semesters is equal to one year. Write amounts to the nearest whole dollar. For example, $19.33 would round to $19 on the budget sheet. Enter a zero in each category that has no amount.
2. Write a paragraph that describes Molly’s cash flow position. In the paragraph, answer these questions: Will she have to borrow money? Will she be debt free when she transfers to a four-year college as a junior? What are some things that could happen that would significantly change the projected budget?


 

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