My Spending Plan

1. Windfall
From everyday to everyone, we can all imagine what’s like to be a millionaire or the wealthiest
person in the world with money. People all over the world are trying to be like them, but one thing I had
to note about money, it’s very hard to get. My goal when I was an adult was to get at $750, so I can get a
job or get myself anything I want. To do this, I had to do my best to get the best work without any major
flops on my family and friends. At work and school, I would receive a lot of good work and grades
because I just focused and pay attention to what kind of stuff I do. For every good effort I do, I would
receive about 10 or 20 dollars from my parents for good effort. As of after Graduation and me heading
into college, I received more than $750 dollars to get where I am, the most wealthiest and the luckiest
“Michael” that has ever lived. I just know it.

2. Budget
According to the Pie Chart recorded by me, I divided each categories based on my budget over
the last couple of months on my coverage. The most coverage I paid over is mostly on Electronics and
Social Media because most of the devices and media that I’ve kept is too expensive to offer. Now these
days, Social Media requires you to pay because you’re looking through either a profile page and spending
several hours on the media which can cause money to gain. That says so to Electronics because I owned
several electronics in my household, I still have to pay for electric bills. The other categories seems to be
more reasonable to why electronics and social media are more expensive to pay. Entertainment is just to
get more money to pay for any shows or attractions to be held at and we would give them the money
coverage to pay for everything to hold an event. Music and clothing are the least to pay out of because it’s
the idea to produce items to consumers. Each time a customer buys one of our products, we pay it to the
company. To summarize mostly on my coverage on my budget, I have more money mortgage to pay on
my electric bills and social media other than anything that entertain or satisfy my customers or for myself.
 3. Plan
As a young adult, I still tend to think like a teenager or just goes insane with my decision. Within
that, I figure that I would make myself a financial purchase off some new shoes that I plan to get because
of my friends. Not only that, I’m also planning to get two more devices to upgrade my other devices that
would take up my household; The Xbox One S to replace to the original Xbox One and a Chromebook
because I’ve seen reviews out of it, and it’s one of the best devices out their in the market. The other
purchases that I intentionally wanted to plan to get seems reasonable because it’s mostly what I needed
necessary but also something that would satisfy me.

To be honest, I would have looked up so many other items or any other decisions to look after
because it would tell me how much I would have to pay for or think about how much I’m going to pay for
because of my debt. Even though I wished I made other choices of my purchases, but the next time I
would have to watch myself whenever thinking about purchasing something that I need necessarily.

4. Insights
One of the main problems to my decision making on my purchases is not knowing how much it
would cost me on not only the grand total, but I have to be aware with tax and many other budget that
would cost up to the grand total. That bothers me the most because I know taxes are suppose to add
mostly what product that you get and it’s sectioned off based on what product you get it from. Suppose I
bought a Cirque Du Soleil ticket for about $69, tax would add up to another $10 because it charges more
than the actual price and it’s from an entertainment company.

The spreadsheet did help out to find out about the main grand total because you’re not expected to
get the main grand total out of the price stickers. What matters the most about pricing of the products is
that whenever something cost either more or less on the product, the tax will cost even more less or
greater to the actual product it’s financial payment. Within that, now I can able to find out the overall total
without even looking up at the grand total.
 Grand Total $478.78

Catergory Item Store Cost Tax Total

clothing jacket Amazon $15.50 $2.33 $17.83

clothing hat Hobby Lobby $8.99 $1.35 $10.34

clothing gloves L.L.Bean $44.99 $6.75 $51.74

clothing shoes StockX $248.00 $37.20 $285.20

music cd album set Google Shop $14.99 $2.25 $17.24

music cd album Target $9.98 $1.50 $11.48

Cirque Du
entertainment tickets $69.00
Soleil $10.35 $79.35

food pizza pack Walmart $4.88 $0.73 $5.61

chicken
food Albertsons 8.99
nuggets $1.35 $10.34

electronics xbox one s Ebay 189.99 $28.50 $218.49

electronics chromebook Best Buy 199.99 $30.00 $229.99