Psychology 

Big Budget Project 

 
Choose an occupation based on what you want to go to college
for, or what career you want after Lakewood HS  
 
Years of education (including the degree) and/or training, 
certification, or apprenticeship required for this career after 
high school. Keep the links that you use! 
 
What technology or technology skills are required for this 
career? This includes programs, devices, machines, tools, 
computer/tech skills, and etc. Provide links to sources you 
found this info at. 
 
What is the job outlook for this career? ​Is it growing or  
shrinking? By what percent? How does that compare with  
average job growth in the US? Post a link to the source you used 
for this question. You can use ​this link​, and tell me WHY it is reliable!  
 
Link: ​http://www.apa.org/ed/graduate/specialize/clinical.aspx 
 
https://careersinpsychology.org/becoming-a-clinical-psychologist/ 
 
__________________________________________________________________________________________ 
 
YEARLY salary for a beginner at this career (an “entry level” salary).    
This is called “Gross yearly income”    
-​Find a starting salary in the ​Los Angeles​ area, or California. 
 
The amount you will ​pay​ in FEDERAL income tax. 
Note: this is a percent of your yearly salary, and how much you earn affects how much 
you pay in taxes. 
-Use this to figure it out! ​https://smartasset.com/taxes/income-taxes  
 
The amount you will ​pay​ in STATE income tax. 
Note: this is a percent of your yearly salary, and how much you earn affects how  
much you pay in taxes.   
The amount you will ​pay​ in FICA taxes (Social Security and Medicare). 
Note: this is a percent of your yearly salary, and how many people live in your 
household affects what percentage you pay) 
 
 
YEARLY NET disposable income, or “income after taxes are taken out.” 
(your salary minus taxes)  
 
Net MONTHLY income 
Your NET yearly disposable income (from box above) divided by 12 (months   
in a year) 
​(This is your budget for the month! Your expenses must stay UNDER this amount, or you will lose points!) 
_________________________________________________________________________________________ 
 
The 50/30/20 rule​: ​Below, write down how much you should spend, in dollar amounts, on NEEDS, WANTS, and 
SAVINGS each month.​ ​Hint: ​multiply your Net MONTHLY income x a decimal for each % 
 

RETIREMENT​ and ​INVESTMENT 

NEEDS: 2228.87 WANTS: 1337.32 SAVINGS: 891.55 

 
I have some maybe bad news…don’t plan on Social Security being your only retirement income, because people are retiring 
much faster than the birth rate in this country. Also, some jobs are no longer offering retirement plans (pension) like they 
used to. We already know that the GOAL is to save or invest 20% of your income. However, once you get a big-time job after 
Retirement and 
HS or college, you might not be able to afford to save 20% at first, and that’s ok. So, for the section labeled ​ ​
Investments, ​ ​ you can budget based on 10% savings/retirement if you like. You will track the price of a stock of your choice 
for several days. In addition, you are required to give more information about the stock you chose, and compare the 
strengths and weaknesses of the different investment options. 
 
10% of Net MONTHLY income for retirement​ ​→ 
(you can do 20% if you want!)   
 
Go to ​Yahoo Finance​, and search for a company that you might want to invest your own money into. You are 
required to pick one company’s stock, and track it for the duration of this project. Use Yahoo Finance to keep 
track of the stock’s value. Use ​this site​ for help reading the stock chart for the company you chose! 
 
Name and symbol of stock you chose ​→   
Example: Facebook, Inc. (FB)   
 
 
Stock  52 week  52 week  Purchase price   Price on the Next  Final Price Check​ ​(day 
Symbol  high  low  Date: (​ insert the date  Block Period   before this assignment is due)  
(Abbreviation)  you first looked at this 
stock here) 
PAR  $​14.14  $​7.07  $13.90 in  $14.10 in  $14.41 in 04/16/2018 
03/29/2018  04/12/2018 
 
 
Total gain or loss per share →   
   

 
(overall change in value of the stock from when you first looked it up until the last time you checked) 

 
  
 
 

 
 

 
INVESTMENTS 
You will need to give a short description of, and list AT LEAST one strength and one weakness for, each of the four 
investment options: 
 
  Description  Strength  Weakness 
  An interest bearing deposit Are easy to open and access,  Pay interest rates that tend to 
Basic  account held at a bank or and are secure.   be lower than other 
Savings  another institution that investment options. 
Account  provides a low interest.
 
 
 
  A savings certificate that they often offer fixed rates for  the highest rates typically 
  you give to a bank for a fixed terms, more safety,  come with the longest 
Certificate  certain time and earn higher interest rate.  deposit terms, penalties. 
of​ ​Deposit  interest.
 
 
 
 
  A marketable, fixed interest pay higher interest rates,  with an individual bond, risk 
US  US government debt investing in bond funds is  decrease the longer you hold 
Treasury  security with a certain time, much easier, and many bonds  the security. 
Bond  and make interest pay out interest and gains 
(aka a  payments. monthly instead of 
“bond”)  semi-annually. 
 
 
 
 
  A type of security that easy to buy, you can make  you could lose your entire 
  signifies ownership in a money in two ways, they are  investment, stockholders are 
Stocks   corporation and represents easy to sell.  paid last if the company goes 
(in a  a claim on part of the broke, you compete against 
company)  corporation and if the professionals. 
  company does well, the
  person that buys this stock
earn money
 
  A qualified employed employees have an  limited flexibility, taxable 
  established plan to which opportunity to improve  income upon withdrawal, low 
401k   eligible employees may financial security in  contribution rate. 
(through  make salary deferral retirement, contributions are 
your work)  contributions on post-tax. easy to make. 
 
 
 
 
 
https://www.investopedia.com/terms/s/savingsaccount.asp
https://www.thebalance.com/certificates-of-deposit-3305913
https://www.investopedia.com/terms/t/treasurybond.asp
www.nerdwallet.com/blog/investing/what-is-a-stock/?trk_location=ssrp&trk_query=stock&trk_page=1&trk_position=1​.
https://www.investopedia.com/terms/1/401kplan.asp

NOTE​: You MUST do the research for stocks/bonds/certificates of deposit, even if you choose to NOT include stocks, 
bonds, or certificates in your monthly budget. Choose one of the following options and respond below: 
 
A) In a few sentences, pick one or two of the options from the chart above that you could see yourself investing 10% of 
your income in. Briefly explain WHY you would pick that option (or two) to invest in. ​(No, you cannot just copy and 
paste your bullet points to here). 
401k​ - ​because with this type of investment, I am insuring my retirement and also I don't have to separate my money for the 
tax payments since I am paying from salary which for me is safer. 
Basic savings account- because your money will be safe and also if there is an emergency you will have money collected for 
any occasion. 
B) If you choose to ONLY have a savings account (and not stocks/bonds/certificates) in your monthly budget, write a 
few sentences explaining why you are using a savings account to plan for your retirement and your future (keeping 
in mind the future possibility of having children, sending them to college, maybe buying a house, etc.). You must 
explain your decision to put your 10% into a savings account instead of ​investing​ for the future. Write that reasoning 
below, here: 
It is better to have a savings account, because if there is an emergency I would have money to grab, if I have 
children I would like to raise money for their education and in the future I won't worry, when I retire I know that I 
won't survive with what the government will give me so it would be better to have savings where you can use. 
 
 
 
 
 
 
_________________________________________________________________________________________ 

HOUSING 
 

 
You must find your own place to live, and you will be living alone for this project. Yes, you can have roommates in real life, 
but sometimes that gets really annoying. Your apartment or housing must be located in the Los Angeles county area and it 
must be in an area that you would actually consider living. You can choose to rent an apartment, house, condo or trailer, 
but you must have the actual advertisement/listing to prove your new residence exists…save the link! 
 
Remember the General Rule​: Rent/housing should be NO HIGHER than 30% of your monthly income! 
 
Location: ​Long Beach, CA 
 
Type of housing: ​Apartment 
 
 
Link to the listing/advertisement for your housing: 
https://www.zillow.com/homes/for_rent/Long-Beach-CA/house,condo,apartment_duplex,mobile,townhouse_ty
pe/2124868008_zpid/46298_rid/paymenta_sort/33.945923,-117.921753,33.629771,-118.390732_rect/10_zm/?vie
w=public 
 

 
 
Total MONTHLY housing cost ​→
 
Security​ ​deposit​, if listed (do NOT add this to your monthly expense, it’s a 1-time charge). ​→ 
 
 
_________________________________________________________________________________________ 

  UTILITIES 
 

 
Without utilities, your place of residence will be a dark, damp, Xbox-free zone. I want you to continue living the life you have 
now, or a better one (because you will have earned it)! So if you currently have a cell phone, WiFi/Internet, and 
cable/satellite TV, you must include it in your budget. You will need to find out what utilities are required in your new place, 
and then you will need to investigate the monthly costs of these utilities. Keep in mind that some apartments/condos 
include certain utilities, while others do not. You need ​proof​ that certain utilities are included. If you don’t, I will add the 
additional amount listed to your monthly budget…yikes! 
 
Sometimes, your electricity, gas, and water are INCLUDED in an ​apartment​. If that is what your apartment listing says, then 
research the average cost of those utilities in Los Angeles. If your apartment says that there is Internet ACCESS, that just 
means you just have the wires…you still need to pay for Internet service! 
 
 
Electricity​ per month  (+$40)    
     
-Attach a link to the estimate you found here: 
https://www.expatistan.com/cost-of-living/los-angeles 
 
 
Natural​ ​gas​ per month​ ​(+$20)  
     
-Attach a link to the estimate you found here: 
https://censtarenergy.com/budgeting-apartment-utilities/ 
 
Water + Garbage + Sewage ​per   
month (​ +$10)  
     
-Attach a link to the estimate you found here: 
https://censtarenergy.com/budgeting-apartment-utilities/ 
 
Cable​/​satellite​ or ​streaming​ ​TV ​per    
month     
-​Attach a link to the ad/plan here: 
http://electronics.costhelper.com/cable-tv.html 
 
 
Cell​ ​phone​ per month    
-​Attach a link to the ad/plan here: 
https://www.nerdwallet.com/blog/utilities/cell-phone-plans/ 
 
 
Internet​ and/or ​WiFI   
-Attach a link to the ad/plan here: ​https://www.expatistan.com/cost-of-living/los-angeles  
 
 
 

   
Total MONTHLY utilities cost. ​→  
 
AUTOMOBILE 
​
You live in/near Los Angeles so public transportation is not as easy as in other cities. You must purchase a car or truck that is 
no older than the year 2008. The vehicle you purchase must have ​fewer​ than 100,000 miles and you will be ​financing​ the 
entire price of the vehicle (meaning you are getting a loan!). The purchase price of the vehicle must be AT LEAST $9,000. 
Again, you must attach an advertisement that proves the vehicle exists.   
“Mr. Flanagan, why does my car have to cost $9,000?” Be materialistic for this! New-ish cars are nice!  
 
 
Make of vehicle​: ​(ex: Honda) Model​: ​(ex: Civic)  
 
Year of vehicle​:  Miles​:  
 
Link to the sales listing/advertisement for the vehicle you described above:  
https://www.carfax.com/vehicle/1HGCP26779A199937 
 

 
 
 
 
Length of vehicle financing​: 60 months (5 years)  ​Interest rate​: 5% 
 
Price of vehicle​ $ 10,070 
 
To compute the monthly payments, use ​this link​ and input a reasonable credit score (NOT “Super Prime”) 
and down payment. ​Remember, the interest rate is 5%! 
 
 
Total MONTHLY vehicle payment ​→  
 
 

GAS for CAR 

 

 
Gasoline costs will depend on the total number of miles you drive per week. We will assume that you work 15 
miles away from where you live. You may take METRO to limit gasoline costs, but you must include accurate 
public transportation costs if you choose this. 
On top of total miles driven to work, we will assume that you drive an additional 50 miles per week to “get 
around” (weekend driving, entertainment, visit family, grocery shopping, etc.) We also assume that you work a 
standard 5-day week.  
 
Work Miles Per Week: ​Miles from home to work = 15 X 2 (round trip) = ​30 miles per day 
 
Work​ miles per week + 50 “getting around” miles per week: 200 miles X 4.3 (weeks) =  miles per month 
 
City m​iles per gallon of gas for your automobile: ___​30​_____ “MPG” 
 
Average current price of gas​: $3.45 per gallon 
 
Total monthly cost of gasoline​:  
(​Price of gas per gallon) X (# of gallons you need to buy for your “Miles per month”) 
     
OR Total monthly METRO costs (​ if you chose this)​:  
 
Total MONTHLY transportation costs: →    
(Monthly vehicle payment + monthly cost of gasoline)  

INSURANCE 
 

 
For all insurance quotes we are going to assume that you are 22 years old.​ You will be required to get the following 
insurance---auto, renters, and life.​ ​Attach a link to PROOF for each insurance quote! 
 
Auto/Renters​- Most car insurance policies are quoted for a six-month period, so do 
your math correctly! Use FALSE INFORMATION (name, address, etc.) to get a 
Progressive quote ​without​ ​giving​ ​any​ ​personal​ ​information​: 
http://www.progressive.com/​ ​To be 22, your year of birth is 1995​. Answer the 
questions with your current status.    
For car insurance​: you want limits of liability of $25,000/$50,000 bodily injury, 
$500.00 deductible on comprehensive and collision and a $25,000 limit on Uninsured Motorists.  
 
Combine your Renters Insurance with your Auto Insurance to save money! ​However, list the “premiums” (or 
price) for each separately. For renter’s insurance, you want contents coverage of $25,000 with the remainder of 
the coverages as they list them (Liability, Medical, Mold). Do not do flood insurance.   
 
 
Total​ ​Car​ ​insurance​ per month  
 
 
Total​ ​Renters​ ​insurance​ per month    
 
 
Total​ ​Life​ ​Insurance​ per month  ​($50,000, 5 year term life insurance policy) 
Life insurance is optional. I recognize that many people do not have it, or wait until they have a family or significant other​. 
-If you choose to get it, you can start with State Farm’s website: ​https://www.statefarm.com/insurance/life
 
 
 
Total MONTHLY insurance costs:   
 
 
https://www.carinsurancecomparison.com/what-is-the-average-monthly-car-insurance-payment/ 
https://www.valuepenguin.com/average-cost-of-insurance 
 
 
 
 
 
 
 
 
 
 
 
 
 

FOOD 
 

 
I realize that right now many of you survive on Chick-fil-A and Buffalo Spot. However, for our purposes, you will need to eat 
at least three real meals each day and MOST of these meals must be prepared by you. (There will be no going home to eat 
with mom and dad…because they are tired of feeding you all the time!)  
First, you are to prepare a one-week menu on the ​WEEKLY MENU​ sheet provided. Next you will need to make a detailed 
grocery list on the ​GROCERY​ sheet provided. Your grocery sheet must include all of the items you will need to prepare your 
meals for the entire week. Be sure to include price, brand names, amount/sizes, etc. of the items you are going to purchase. 
 
Be sure to include any and all snack items that you normally consume. Do NOT include the following items: salt, pepper, 
spices, cooking tools/pots/pans. Be sure to eat a varied and nutritionally balanced diet, and don’t forget to include drinks, 
vegetables, and fruits! Check out ​Harvard’s recommended plate​ for help! Even though it is possible, eating Ramen Noodles 
or the same thing day after day after day after day is boring and won’t work for this project. Balance your diet! Do NOT count 
going out to dinner in this section…save that for the next one! 
 
Weekly food costs: $___104.18__________ x 4.3  = ​MONTHLY food costs 
If you only buy some things once, like mustard or ketchup, you can leave that out of this “ x 4.3” part and just count it once! 

 
 

Weekly Menu 
 
 
BREAKFAST  LUNCH  DINNER 
  Milk   rice with fish and  chicken soup with 
  Cereal   vegetables  vegetables 
Water 
MONDAY 
 
 
  Granola  chicken fettuccine Alfredo   coffee and bread 
  Yogurt  Juice 
TUESDAY 
 
 
  Fruit Salad   potatoes with mushrooms  Greek salad 
  Juice   and vegetables  
Water 
WEDNESDAY 
 
 
  Coffee   vegetable pesto pasta   quesadilla 
  Bread with jam   Juice 
 
THURSDAY 
 
   
 
  Pancakes with maple syrup   spaghetti sauce with  macaroni and cheese  
FRIDAY  Milk  ground beef  
Juice 
 
 
  eggs and bread   mushroom and garlic  fruit salad 
  Hot chocolate   spaghetti  
Juice   Juice 
SATURDAY 
 
 
  pancakes with maple syrup   rice with chicken and  coffee and cookies  
  Juice   vegetables  
Water 
SUNDAY 
 

 
 
GROCERY SHEET 
Post links here to sites where you got your information about grocery costs: 
 
Remember to be detailed!! Attach additional sheets as necessary. 
 
Item ​ ​Cost 
Almond Breeze Unsweetened Vanilla Almond milk $2.22 
Honey Nut Cheerios Cereal $3.64 
Post Honey Bunches Of Oats Granola, Honey Roasted $2.86 
Orowheat Sliced 100% Whole Wheat Bread $3.42 
Aunt Jemima Original Complete Pancake & Waffle Mix. Box $2.50 
Ocean Spray 100% Juice, Cranberry Blueberry Blackberry $3.28 
Dozen of large Grade A eggs cost ​$1.78 
(3) Great Value Spaghetti, Family Size $8.76 
Imperial Dragon Jasmine Rice, 20 lb $17.98 
Smucker's Seedless Strawberry Jam, 18 oz $2.84 
1lb Potatoes $1.82 
Green Leaf Lettuce $1.47 
Strawberries $2.75 
Grapes $2.50 
Orange $1.34 
Asparagus $3.12 
1 Broccoli Crowns ​$1.99 
Carrots $0.99 
1lb apples $1.65 
1 pound ​Boneless chicken breast ​$3.18 
Kraft Original Flavor Macaroni & Cheese Dinner, 7.25 oz $1.48 
Folgers Ground Coffee Classic Roast Medium, 11.3 OZ $4.14 
Great Value Milk Chocolate Hot Cocoa Mix, 20 oz $2.58 
1 Pound Tilapia $3.00 
Ground beef, 100% beef, per lb $3.65 
Sam's Choice Purified Drinking Water, 240 fl oz, 12 Count​ $2.50 
Great Value Chewy cookies, Chocolate Chip, 13 Oz $1.48 
Whole mushrooms $3.20 
Salt $5.92 
Oil $6.18 
 
Total 104.18 
http://www.producepriceindex.com/ 

 
www.walmart.com 

 
ENTERTAINMENT 
Make a detailed list of your weekly activities and the cost for each. Be specific! Remember that this project is for a month 
and each month has ​at least four weekends.​ I expect to see a recording of the costs of your social life, which will include 
more than just the video game playing or Snapchat-watching which currently eats up all your time. Please be sure to 
include all costs associated with dating that dreamy boyfriend/girlfriend you will surely be seeing in the future.  
 
*Eating out at restaurants should be listed in this section! 
 
 
 
Week 1 subtotal  $ 30.5 (Go to the movies) 
 
 
 
 
Week 2 subtotal $ 35.48 (go to a restaurant)  
 
 
 
Multiply your two-week total times 2.25 to get an estimate for a full month. 
 
 
 

 
Total MONTHLY entertainment costs:   

 
 
CLOTHING  
Estimate as best you can what you will need to purchase over the course of a year and then figure what that would be 
monthly (​yearly cost divided by 12​).  
 
Remember that you are now paid as a professional, and professional jobs ​generally​ have a dress code. Some careers 
require a certain dress code or uniform (dress pants, jacket, ties, skirts/blouses, etc.) which you will have to purchase. You 
must also purchase all the “unmentionables” and casual clothes, including shoes. If you need more room, use the back of 
this page. 
 
 

Item Price 
Knit Skirt $7.90 
Crop Top $14.90 
Jacket $15.00 
Knit Top $12.90 
Floral Skirt $28.00 
Knit Pencil Skirt $10.43 
Hoddie $18.99 
Crew Neck Tee $6.90 
White Top $12.90 
Leggings $10.90 
2 Sandals $29.92   
Sneakers $28.00 
3 Skinny Jeans $53.70 
Jacket $25.99 
Ankle Heels $16.99 
Boots $23.50 
Knit leggings $5.90 
Ling $50.00 
2 Socks (5 pack) $11.80 
Converse $50.00 
2 Denim Jeans $70.00 
Hoddie $15.99 
2 Top $22.00   
3 shorts. $53.80 
4 Dress. $85.60 
2 Graphic tee. $24.90 
2 Jumpsuit. $73.00 
Vans $60.00 
 
 
 
Total 813.92 
 
 
 
 
www.forever21.com 
 
 
 
 

 
Total monthly clothing costs:   

 
RANDOM EXPENSES 
Below, you need to include all of those “necessity” items you have not yet listed. I am talking about things like toothpaste, 
shampoo, soap, cleaning supplies, haircuts, newspapers, magazines, laundry, detergent, tithing, make-up, etc. Don’t forget 
those quarters for the washer and dryer ($1.50 per load!!) Spending 4 hours in a Laundromat each week is a special kind of 
joy.   
Do your best to “guess” at how much you would spend on each of these per month. Example…you probably won’t buy 
toothpaste every month, but you have to buy it at some point! 
 
Personal Hygiene  
 
Crest 3D White Radiant Mint Whitening Toothpaste $3.46 
Crest Pro-Health Multi-Protection, Mouthwash. $5.97 
Herbal Essences Shampoo and Conditioner Dual Pack $8.97 
Softsoap Body Wash. $2.97 
Listerine gentle gum care floss $2.44 
Feminine Hygiene. $5.47 
Oral-B healthy clean medium Toothbrush. $1.62 
Deodorant. $2.94 
Lotion $5.94 
 
  
 
Cleaning Supplies 
 
Clorox spray bottle $2.88 
Scotch-Brite scrub Sponges. $2.96 
Angle Broom $6.98 
Libman Mop. $8.37 
Dawn Ultra Dishwashing Liquid. $3.44 
 
 
Laundry Costs  
 
Tide Liquid Laundry Detergent. $8.94 
Gain Dryer Sheets $3.97 
Shout liquid refill. $5.24 
 
 
Other  
 
Mascara. $7.94 
Liquid lipstick. $11.00 
 
 
Total miscellaneous expense costs:  

 
 

 
STUDENT LOAN PAYMENT 
Time to pay up for the best “four years of your life” (as some people like to call it). If your career does not require schooling 
after high school, you can skip this. If your career requires a college degree OR training/certification program OR 
apprenticeship, you must post a link showing me the tuition or cost of that program. 
 
You will now be paying for 8 semesters of school (or 1-2 years of training, for some of you) yourself, because even if you 
aren’t paying for it now, you ​might​ need to pay for college for someone else if you plan on having children.  
 
 
 
Total time in school: ​___6____ ​ years (depends on your occupation…ex: doctor is much longer than electrician, 
but both require training or degrees) 
 
College, University, or training program attended (and degrees earned if applicable): Doctorate - University 
 
Cost per semester of that college/university (tuition, room & board, books and fees): $__5607_______ x 14 
semesters 
If your program is less than 4 years, then adjust your costs to times (x) however many semesters you need 
78498 
 
Include a print out of expenses per semester for each college or university off their website​ (look at their 
Admissions/Tuition page…it exists!). 
 
https://www.psych.ucla.edu/graduate/prospective-students/tuition-state-residency-application-fees-deferrals-a
nd-waivers 
https://www.allpsychologyschools.com/clinical-psychology/cost-of-clinical-psychology-school/ 
 
 
 
Length of financing = ​___10 years____​_   
Interest rate =  ____7%__________ 
 
To compute monthly payments for student loan debt, use ​this link​ and select “subsidized loan” (that means the 
government pays the interest on your loan FOR YOU while you are in school!) 
 

 
 
 
 
 
 
 
Total monthly student loan payment:   
 
 

 
 

TOTAL OF ALL MONTHLY

 
EXPENSES:  
Basically, go back up and take each of these numbers from the ​GREEN highlighted​ boxes! Put 
each of your numbers next to the appropriate topic and add them together. You MUST be under 
your ​net monthly income​! 
 
 
Total monthly investment $891.55 
 
Total housing per month  $675 
 
Total utilities per month    $336 
 
Total monthly transportation costs $272.52 
 
Total insurance per month  $137.53 
 
Total monthly food costs  $395.94 
 
Total entertainment costs $148.45 
 
Total miscellaneous expense costs $101.50 
 
Total monthly clothing costs  $67.82 
 
Total monthly student loan payment $781.22 
 

Total MONTHLY expenses: $__3807.53________ 

 

 
Net MONTHLY income:  
 
 
 
How much money do you have left over at the end of the month?  
 
 
 
 
 
 
Each of you must do your own budget. You cannot simply say that you are sharing all expenses with somebody in 
the class. You will be graded on accuracy and thoroughness of your budget. You are also required to turn in the 
actual classified ad used to locate your ​housing​, ​automobile​, ​television​, ​internet​, and ​cell​ ​phone​ plan. Finally, you 
CANNOT​ go over your budget. 
 
Good luck!