Val is curreny doing full time MBA from Fox School of Business, Temple University. He teaches privately and plays in a local band. Val says that he spends too much money on transportation and school. He made a bad decision of staying far from school and is also taking a class in Fort Washington. So he travels a lot by car and train.
Val figures out how much he makes each month and then decides how much to spend each month. Val doesn't really use any method to control his spending. He has tried keeping track of his expenditure by having a budget but stopped because it got little annoying.
Val's short term goal is to get out of school debt free and get a job which will help him buy a car of his choice and his long term goal is to earn $1 million/ year for 20 years. He wants to live well and donate some money to charity.
If he was to reduce his over expenditure then he would use that money on traveling.
1 comment:
Val sounds like a complete moron.
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