Pleaseee help!I have no time left and schools almost over I’m so far behind! If you help me with all the parts I will litterally give you all my points and I have 593!!~civics~


Part A
Next, you will answer some questions and conduct some internet research in order to create your own budget. Answer the following questions:

Choose a job. What is its average annual salary? Once you’ve found this number, divide it by 12 to get a monthly income number.

Choose a city. How much does the average one-bedroom apartment cost there?

What is the average monthly cost of utilities in your chosen city?

Choose a type of cable—basic or premium. What is its monthly cost?

Choose an internet provider. What is its monthly cost?

Choose a transportation method: bus or walking. What is the monthly cost?

Choose a phone service: cell or landline. What is the monthly cost?

What is the average monthly cost for groceries for one person? How much will you budget?

What is the average monthly cost of clothing for one person? How much will you budget?

Will you travel? Buy gifts? Make donations to an organization? Eat at restaurants? If so, add these to your budget.



Part B
Now it’s time to create your own budget using the table below. Plug in your monthly income and the known expenses that you just researched. (For the purposes of this activity, let’s assume that the monthly income you researched is after taxes.) Then, choose the other categories you would like to spend money on. Plug the amounts you plan to spend each month on those categories.




Part C
Write a summary of your budget. Include information about income and expenses, and explain what categories you chose to put your money into. Explain why you made these choices. Your summary should include:

a general description of your source of income;

which categories you have allotted more money to;

the categories you included for variable expenses;

why you think this is the best use of your money; and

why you ruled out other options.

Were you able to save some money for unplanned expenses? Where do you think your actual expenses might vary, and why?






Part A
A household may calculate a monthly budget using hundreds of dollars. The federal government uses trillions of dollars! The Congressional Budget Office (CBO) releases extremely detailed data on all the money flowing into and out of the government. Instead of looking at complicated lists of numbers, let’s look at some infographics that the CBO has created for the year 2018. Visit the Congressional Budget Office site and scroll down to look at the infographics. One shows the money coming in (revenues), and the other shows the money being spent (outlays, also called expenses). Fill in the following chart.





Part B
The infographic for spending shows two categories of discretionary spending: defense and nondefense. This is because the US military and the defense of our nation take up much more of the discretionary spending budget than other categories. The nondefense category covers many subcategories. Look at the chart below for some other examples. Research what the government spends money on in each of these subcategories.






Part C
Why do you think the federal government’s budget is broken down in this way? Do you think government leaders should make different choices about how to spend money? Explain your answer.




Part D
The processes of creating a personal budget and those for creating the federal budget are obviously quite different, but what similarities did you notice? Why do you think the government’s nondiscretionary expenses are so large? Are your nondiscretionary expenses also larger than your discretionary expenses? Explain your answer.