Take a critical and analytical (objective) look at your life. Think about your wants and needs. List in two separate columns your top ten wants and your top ten needs. For each one, give a one-sentence explanation about why it is a want or a need. Next, explain why you need your needs, but don't need your wants. How does this change your perspective when considering things you want? Design a budget using a template you researched and chose from the Internet. Allow yourself an income of $240 per month. Assume that your housing, medical care, and food needs are covered by your parents. You cover everything else. This might include, but is not limited to, clothing, snacks, car insurance, gas, car payment, haircuts and personal care, makeup, toiletries, club memberships, entertainment, coffee drinks, and other purchases. Designate how you will allocate the $240 monthly.
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