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Save 45 dollars every month to be able to afford my phone.
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Buy my phone
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Have $135 saved up. Go out for ice cream to celebrate spend no m,ore than $15 of the money I'm not saving for my phone.
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Save my money every month (45 dollars of the 60).
Spend only when needed.
Take remaning money to have at least one fun event every month.
Get my phone before a year goes by. -
The trade offs are that I wont be able to have as much fun but I will get a new phone. the oppritunity cost is that I won't be able to spend th 45 dollars every month or other things.
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I plan to save 45 dollars every month for seven months to have a total of $315.00 so that I can buy my new phone and a case.
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I want to buy my cell phone by MArch 1, 2015.