Imagine that you are given 1000 dollars to survive the next month on how will you spend it
Imagine that you are given $1000 to survive the next month on. How will you spend it? Think carefully about what expenses are involved in your survival. Don’t forget to include expenses that your parents are paying for you right now, such as shelter, food, and clothing.
In an Excel spreadsheet, create a balance sheet, starting from $1000, listing how you would spend your money item by item. Feel free to spend any excess on “luxury” items.
Be sure to include a short response to this activity. How did you make your decisions?
What were the Opportunity costs of some choices?
Follow your teacher’s instructions to submit your completed work.
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