Kitty Pryde-Barton (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
throughaphase) wrote in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png)
fandomhigh2017-03-12 08:02 pm
throughaphase) wrote in fandomhigh2017-03-12 08:02 pm
Entry tags:
Adulting 101- Monday
"Good morning and happy Daylight Saving Time," Kitty said when the students got to the regular classroom. She was not really having a happy DST, though, and was just going to drink her very large coffee while she talked. "Hopefully you're awake, because this is probably one of the most important lessons you're going to have here. Today we're going to work on budgeting. By now you should have an income, and that means you have to pay for how you live. First off, I want to have you list off the things that you think will be monthly expenses, like rent. Anything else you have to pay for to live. Just go ahead and yell things out."
Once they'd done that, Kitty continued, "These monthly expenses are important, and take first priority. If you don't pay your rent, you'll end up being evicted. If you don't pay your utilities, they'll turn them off. If you don't pay your car insurance, you'll get in trouble with the law if you get caught. And what you have left over after you pay all that stuff is called expendable income. It's what you get to use if you want to hang out with friends, or save up for vacation or whatever. So what we're going to do today is work out a budget. Let's say... you've got an even $2000 a month to work with. I'm going to give you a bunch of handouts. Pick an rent price off one of them, I don't care which one, and then check out prices on utilities, and then fill out this worksheet. Put down what you pay for your phone, if you use Netflix, if you have any medical expenses that need to be paid every month. Just figure out what you got and then we'll talk about it."
Once they'd done that, Kitty continued, "These monthly expenses are important, and take first priority. If you don't pay your rent, you'll end up being evicted. If you don't pay your utilities, they'll turn them off. If you don't pay your car insurance, you'll get in trouble with the law if you get caught. And what you have left over after you pay all that stuff is called expendable income. It's what you get to use if you want to hang out with friends, or save up for vacation or whatever. So what we're going to do today is work out a budget. Let's say... you've got an even $2000 a month to work with. I'm going to give you a bunch of handouts. Pick an rent price off one of them, I don't care which one, and then check out prices on utilities, and then fill out this worksheet. Put down what you pay for your phone, if you use Netflix, if you have any medical expenses that need to be paid every month. Just figure out what you got and then we'll talk about it."
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