Question

100 PONITS!!!!!

Creating a Personal Budget
The amount of money used for basic personal expenses such as housing, food, transportation, and taxes is called the cost of living. The cost of living for a city indicates how expensive or inexpensive it is to live there. Explore the cost of living for a few different cities.

Roxy is planning to move to Fort Lauderdale, Florida, and work as a nurse. She has one dog and no children. She uses public transportation and plans to rent an apartment when she moves. The new company she’ll work for pays employees bimonthly, which means twice a month. In this activity, you’ll help Roxy make a budget.

Part A
Roxy decides that she wants to set a financial goal of saving for an emergency fund. Write about some of the ways Roxy could make her financial goal a SMART goal.

Remember, a smart goal adheres to the SMART acronym:
Specific
Measurable
Achievable
Realistic
Timely

Answer 1

Specific: Roxy wants to start saving for an emergency fund.

Measurable - Roxy simply needs to measure the amount of money that she is getting every month and how much she uses for necessities.

Achievable- Roxy should think deeply whether she can keep up with and if it is doable. Can she contiously put money into the fund every time she gets paid?

Realistic- Roxy's goal is what she could need in the future, she needs to think if this goal is something she needs for the future. Is this something that is realistic for her to do?

Timely - The goal should be timely. This is important for the accomplishment of the goal.

Explanation:

Answer 2

Answer:s-Roxy wants to start saving for a emergency fund.m-Roxy needs to measure the amount of money she is getting every month and how much she uses to neccesities. a-Roxy should think about if this is something she can keep up with and if it is doable. Can she contiously put money into the fund everytime she gets paid?r-Roxy goal is she could need in the future, she needs to think if this goal is something she needs for the future. Is this something that realistic for her to do. t-With this kind of goal we dont know what kind of time we have, a emergency fund is for things that happen in emergencys and those kinds of things dont happen on a exact schedule.

Step-by-step explanation:if its actually right bc I literally came here for the answer, but this is what I said.