Part 1 For this activity, imagine that you are going to move out on your own after you finish high school. Assume that you are going to have a roommate so that you can split expenses. Before you can move out, you need to figure out what your monthly budget will be in order to support yourself. Begin by calculating some basic monthly expenses. Create a table similar to the one provided here and figure out how much it will cost to live on your own.

If you are not sure about some of the expenses, look up what the average cost is in your area online. Remember to assume that you will split some expenses, like rent and utilities, with a roommate so you are only paying half of these expenses.