Wednesday, January 8, 2014

Budgeting Modern Technology (mandatory) (10 points)

It's 2014, and technology is undeniable in its present form as a necessity. Cell phones, internet, television, and gaming are everywhere and in some fashion a part of all of our lives. These need to be budgeted for in our budget project.Your task is to budget for these 'necessities'.
You need to first determine what type of internet you want to have. Just on the cell phone? A land-based one only? Both? Then you'll need to price them accordingly, keeping in mind you ain't rich. But you will need to account for this; there will be no accepting (by me) of no interent.
Then you'll need to determine what type of television you'll want as a 20-something. This is where a roommate is extremely helpful, as TV is a touch more expensive than one might expect, and paying for it often feels like a waste. Do you want cable? Satellite? Just Netflix? All of them? Nothing? that determination is entirely up to you, but please, keep it realistic; if you watch 25 hours of television a week right now, then chances are you'll do something similar 10 years from now, and you'll need to account for that. Price it.
Then, without question, you'll need to price an appropriate cell phone plan for yourself. No options here, you MUST have a cell phone as part of your budget. Price it wisely. Look carefully. How important is texting to you? Do you want to combine the internet with it? Are there more options you want? Consider it carefully.
All of these that you include in your budget need to reflect real options that available to you right now. Once you find the plan you want to go with, you might want to capture it in a screenshot kept on your iPad to prove to me, in case I'm skeptical. When done, just like utilities, show me for credit.

1) Search for existing cell, internet, and if applicable TV plans.
2) Choose the plan(s) you want to commit to.
3) Include costs in budget
4) Ask me about additional costs, taxes, and fees that come with these.
5) Show me budgeted result in your official budget sheet you're creating.
This task is considered complete when I have physically seen that you've done it and responded with "okay" in some fashion

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