JobTitle:	Hotel Clerk
ITEM	Monthly Income or Expense	Yearly Income or Expense
Income	1751.67	21020
Total	1751.67	21020
Medical Care	77.83	934
Housing	850.00	10200
Muni	45.00	540
Food	156.50	1878
Clothing	40.00	480
Credit Cards	60.00	720
Entertainment	50.00	600
Personal care	10.00	120
Taxes	273.00	3276
Utilities	143.29	3295.67
Total	1705.62	18748
Discretionary Income	46.04	2272
Income	1751.67	21020
Expenditures	1705.62	18748

1. I earned more than I spent. I tried to limit expenditures such as entertainment and buying gifts because they are not necessary for my daily living.
2. I read Yingying’s budget and I think it is pretty realistic. As a AA degree holder, she made around $6000 a month and she spent most of her money on taxes. She limited her spending on clothes and food, therefore she has a lot of discretionary income. Maybe she can find a cheaper place to live, then she can spend more on leisure.
3. Change my job to a Bank Teller and find a cheaper apartment so that I can raise my income.
4. My education level is High School diploma. I chose to be a Hotel Clerk because I am really not interested in sitting in the Bank nine-to-five. I think being a Hotel Clerk will give me a bigger chance to interact with different people.
5. At the beginning when I finished entering everything, my income was less than my total expenses.
6. I chose to take Muni instead of buying a car because I can’t pay for gas and insurance. I didn’t choose to go to school after graduating High School, so I’m not paying loans and school supplies. I tried my best to cut back food and clothes expenses.
7. I didn’t apply for a land phone because I already had a cell phone. I didn’t save any money for retirement.
8. My life would be really tough if I earned less than what I used in my budget. If I do, I might have to live in a tiny room with no cable. If I earned more than what I used in my budget, I will save money for emergencies and retirement. I would also have money to, probably, go to school again.
9. Yes. I feel like I know more about expenses in real life which I never cared about before (e.g. utilities, rent etc.)