Scenario 1 Lisa is a third-year college student living alone in an apartment. She works 20 hours a week at a local bank.
She makes $10 per hour. Lisa has a savings account that she built up during high school and by working
full-time summer jobs. During the school year, she withdraws $350 per month in order to help cover her
living expenses. Lisa's college tuition and books are covered by her scholarships. Lisa's parents help her by
providing an additional $500 a month. Lisa's parents also provide her health insurance. Lisa's fixed monthly
expenses are:
Rent.
$600
Insurance (renter's and ID theft)
$25
Car insurance
$110
Utilities
$60
Cell phone.
$60
Cable TV
$40
Lisa's budget must also include: Giving, Saving, Food, Gas, Entertainment and Personal