Impact of Economics on Daily Living
- Create three monthly budgets using Excel for a financial analysis.
- Summarize the change in expenditures between budgets.
- Show the findings of your personal financial analysis using appropriate graphs/charts in Excel.
- Explain how the chosen graphs/charts help someone to better understand the presented financial data better than other potential graphs/charts.
- Discuss the results of financial analysis including overall progress towards saving goals, potential changes in budget that can be made in the future, possible economic/life impacts that may affect their budget in the coming year.
- Reflect on what your financial analysis might reasonably look like in a year taking into account income growth and inflation of consumer prices.