Economics Personal Finance Minimum Wage Assignment - Poor Man's Budget

This assignment is called the Poor Man's Budget. This assignment forces students to work 40 hours a week at minimum wage. They must calculate their gross pay, taxes, net pay, and all of their expenses. They must choose an actual place to live online, pay transportation, food costs, utilities, etc. They must determine whether they are in debt or not, make changes if needed, and summarize what they learn from the assignment. This Word Document sets up the assignment with students and makes it easy for them to calculate everything.