Portfolio 2018-19

Bite of Reality Reflection

Describe the persona you were given -- occupation, kids, etc.

I was a physical therapist. I had a kid that was 8 months old and I was a widow.

How successful were you with budgeting your money? Explain.

I was able to have 100 dollars left, but I wasn’t successful enough to own a car.

Did you need to go back and adjust any of your purchases along the way? Explain.

Yes, I had to go back and get a cheaper house so I could try to get a car, but I wasn’t able to
succeed.

What surprised/interested/worried/confused you about how you managed your personal

finances?

What surprised me about it was that I had to pay 730 dollars for my 8 month old baby. I was
confused that I had to pay for babysitting when I know I would’ve been able to get a babysitter
for free. I was worried because the amount of money we had to pay for a babysitter was a lot.

What is one takeaway -- a useful or important bit of information -- that you have gathered from
participating in this experience?
One take away was the activities because we wouldn’t need to go out every month to do
something if we don’t have enough money. One useful and important bit of information was all
the necessities we needed and we had a piece in the real world.
Portfolio 2018-19

How might this experience affect your future choices with personal finance?
I would save money better and only buy the necessities. If I have all the things I need and have
money left over, look into getting the luxury as in cable, Tv, and speakers.