HELP PL Creating Your Budget
In this lesson, you will submit a yearly budget based on your current salary or the specific salary from the career path activity earlier in the lesson. Your budget must reflect what you will spend as an adult living independently, without parents or roommates to help, on your own career salary. As you work to create your budget, please make sure that you complete all of the steps detailed in the lesson:

Calculate Your Income: Determine your net income value by subtracting estimated taxes and fees from your gross income.
Calculate Your Expenses: Estimate how much you will spend in a full year for each of the 11 categories listed in the lesson.
Put It All Together: Using the provided budget worksheet, compile and present calculated income and expenses.
Analyze Your Budget: Determine if you are living within your means. If necessary, find ways to reduce expenses so that they are in line with your income.