Thursday, February 13, 2014

30 Days Response by Lizzy Springer

1.) How good were morgan and alex at budgeting for the 30 days? I think that morgan and alex did a decent job of budgeting. It was clear that they were being forced to think about expenses that they had never thought about before. If everything had gone according to plan and they didn't run into obstacles (e.g. hospital bills, day at the movies, etc.)then they would not have had nearly as much trouble as they did. Overall I think they did a pretty good job.

11.) I think the reason that morgan and alex got into arguments about their finances so easily because their wasn't any wiggle room for them to make mistakes. For someone who was very finically secure, it would't be a big deal to get some extra candy at the movies or a drink or something like that. It means you're down few bucks. But for morgan and alex, spending even two extra dollars means that a significant amount of their savings is gone. It makes sense for them to be sensitive about spending habits because if they make even one mistake, it could mean that they can't buy groceries or make this months rent.

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