In an in class exercise, we were told that we have $140,000 after taxes and $10,000 in savings between two adults and one 16 year old male. We lived in a house that had not yet been paid for. We had two cars, only one was paid for.
We spent the money on what we did because we had plenty of money to do whatever we wanted, but we also didn't really think it was necessary to buy everything. And at the end we still had $62,078.25 to put into savings. I felt completely at ease during the budgeting process because we, in no way, had any problems with money. No, there weren't really any difficult choices I had to make.
On the random event card we were sorry to find out that we had received $200. It didn't really affect much in our budgeting process, except that it pushed our total savings up to $62,278.25.
