Scenario 1 Lisa is a third-year college student living alone in an apartment. She works 20 hours a week at a local bank.

She makes $10 per hour. Lisa has a savings account that she built up during high school and by working

full-time summer jobs. During the school year, she withdraws $350 per month in order to help cover her

living expenses. Lisa's college tuition and books are covered by her scholarships. Lisa's parents help her by

providing an additional $500 a month. Lisa's parents also provide her health insurance. Lisa's fixed monthly

expenses are:

Rent.

$600

Insurance (renter's and ID theft)

$25

Car insurance

$110

Utilities

$60

Cell phone.

$60

Cable TV

$40

Lisa's budget must also include: Giving, Saving, Food, Gas, Entertainment and Personal