Create a pro forma postgraduation budget, evaluate your budget and submit one file that includes both the budget and the evaluation. Estimate income that you will earn from your job after graduation.

To begin, you will need to create a pro forma postgraduation budget in Excel. This budget should include an estimate of your income after graduation, as well as 5-10 expenses that you will incur. Some examples of expenses that you might include are rent, student loan payments, a cell phone plan, car payments, insurance, food, and utilities.

Once you have created your budget in Excel, you will need to evaluate it. In your evaluation, you should answer the following questions in complete sentences:

1. Am I living within my means? Does my income cover my expenses? Do I have enough income to pay my bills?
2. Am I financially independent from my family?
3. Do I have an emergency fund?
4. Am I saving enough for retirement in my budgets/planning?
5. Do I have enough to start giving financially to others?

In answering these questions, you should consider whether your income is sufficient to cover your expenses, whether you have enough savings to handle unexpected expenses or emergencies, and whether you are saving enough for retirement and other financial goals.

It is important to note that APA style is not required for the body of this assignment, but you should still use proper academic writing style and document any sources you may have used using APA formatting guidelines. These guidelines can be found in the APA Style Guide, located in the Student Success Center.

Remember to review the provided rubric prior to beginning this assignment to ensure that you understand the expectations for successful completion.