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Transition Plan Reflection

Making this amount of money I can barely scrape by while having everything I want. Of course I was
generous in the amounts I budgeted myself for personal spending, but anything that I don’t spend that
month would go right into savings. I know that my parents would be willing to help me financially when
it comes to buying things like furniture and necessary household items, etc. I also know that I’m not
going to live completely independently in the future. I think I would really have to cut down on personal
spending, like on clothes, fun things, and maybe gas if I were to live alone. That’s alright and I really
don’t mind it, although its not preferred. I want to do what I love, which is pottery, but at the same time
that job would probably not realistically sustain me in todays world living by myself. Especially seeing as
I didn’t account for things like taxes in my budget and im just scraping by. I want to be diligent with my
savings and I plan to be. I would like to save at least $3000 per year when I do get to working full time,
and that will be attainable as my actual plan is to continue living with my parents for a few years after I
graduate so I wont have the expense of rent, food, entertainment, etc. in order to live on my own I
would have to make many sacrifices to my lifestyle, which honestly I would rather avoid by splitting
some of my necessary expenses with another person.

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