Budget report Essay Example | Topics and Well Written Essays - 1250 words

Budget report - Essay ExampleThroughout the term, my General Merchandise expenses were valued at $314.20. This figure accounted for 7.9% of the total amount I spent. I decided to break down this percentage according to the amounts I spent each month, that is, 12.1% ($192.88) in February, 7.6% ($103.00) in March, and 3.9% ($18.32) in April. In this category, I crap realized that I can make a considerable improvement. There are no variations in the amounts I spent weekly on cosmopolitan merchandise. However, my expenditure shows that I spent less in March-$103.00 compared to February-$192.88, and even less in April-$18.32. I spent more in February because I had to travel to atomic number 31 to visit my cousin who was newly admitted to Georgia Institute of Technology. I spent much money in air tickets and in buying gifts and a a few(prenominal) treats. I believe that the expenses of the following months will not escalate save for a few emergencies that may arise.For groceries, my exp enses accounted for 15.20% of the total expenditure. This was valued at $603.63. I had to return a lot in groceries in March-a total of $272.78 (reflecting 45.19% of the total amount spent on groceries for the term) because I fell ill and the doctors recommended taking more than tetrad meals a day to cater for energy loses. Aprils grocery expenses were much less since I had begun cutting on my budget. Grocery expenses in April were $151.99 (25.18%) and $178.86 (29.63%) in February. I am capable of cutting more on grocery expenses by 10% in May because I have identified the stores that sell corresponding products at lower prices.Restaurant/Bar expenses accounted for $871.81, reflecting 21.94% of the overall expenditure. This category included buying drinks for the occasional parties we hold in our favorite restaurant, purchasing party cups, hiring room when it is too late to reach home, and buying burgers and pizza at least once a week. It is