Budget Essay.doc

15 views1 pages
Published on 3 Oct 2012
School
Ryerson University
Department
Business
Course
BUS 100
Professor
Essay
Assuming most students living on campus or near campus do not own a car.
Therefore, no transportation, car maintenance, repairs or insurance expenses are
incurred.
Assuming annual residence totals $7,000, the monthly expense equals $585
approximately. It is also assumed that no expense is incurred for the four months
that the student lives at home because the residence is sublet.
Most internet plans are offered on an annual basis. It is assumed that the cost of
internet for the school year amounts to $400 ($50 monthly). It is also assumed that
students will tend to use the cable offered in the common room or use their computer
instead.
2Assuming the student lives at home during the four months of summer when the
school year is done, minimal to nil expenses are incurred for groceries, personal care,
and laundry.
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Document Summary

Assuming most students living on campus or near campus do not own a car. Therefore, no transportation, car maintenance, repairs or insurance expenses are incurred. Assuming annual residence totals ,000, the monthly expense equals approximately. It is also assumed that no expense is incurred for the four months that the student lives at home because the residence is sublet. Most internet plans are offered on an annual basis. It is assumed that the cost of internet for the school year amounts to ( monthly). It is also assumed that students will tend to use the cable offered in the common room or use their computer instead.

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