Scott is currently doing full time MBA from Fox School of Business, Temple University. He works at the business school as an administrative assistant for undergrads. Scott spends too much money on gas and food. He spends money on gas because he has an SUV which consumes lot of gas and spends on food because he is short of time and has no time to cook.
His basis of comparison for overspending on food is home cooking which he use to have when he was staying with his parents and also cooking at his present home which is cheaper than eating out. He tries to limit on fast food and also tries to only pick certain times like the ones that are on sale which helps reduce cost. He knows people who balance there books, some who have planners and some who have daily sheets to keep track of how much they are making and spending.
His short term is to keep working so he does not have to take out any student loan and long term goal is to live comfortable. If he was to reduce his over expenditure then he would save that extra money.
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