A Personal Budget for Donna and Sherman Terrell ABSTRACT In this document the author looks at the given information about Donna and Sherman Terrells ’ and their finances and creates a personal budget for the couple that includes their income and expenses. The author then discusses the difficulties that will be faced by the couple in the certain months and what they need to do to get over those problems. The author also discusses certain different scenarios that may cause difficulties or ease the situation for the couple in certain months and states what they can do and why the situation is such. Budget Income and Expenses Statement for 2010 Income and Expenses Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec Income Donna's net salary...The end:
.....errells ’ will be in the red for the month of May. However the bright side of this is that they will be able to increase their surplus through the year and will not be in the “red” in December. And will be able to cruise through the year. Bibliography Bijlefeld , M., & Zoumbaris , S. K. (2000). Teen Guide to Personal Financial Management. Westport, CT: Greenwood Press. Fix Your Finances Now! after Three of the Worst Years for Investors, We Offer Guidance from Top Financial Advisors. (2003, April). Black Enterprise, 33, 93+. Taylor, C. (2008, April). Master Your Money: Have Plenty of Financial Questions, but Few Answers? Start Moving Up the Learning Curve with Our 10 Things You Need to Know about Your Finances. Black Enterprise, 38, 88+.