Social Work homework help

Compose a 1000 words essay on Project II. Needs to be plagiarism free!alize that there is actually a net surplus that is left after accounting for all the fixed expenses, which represented about 40.48% of net income. and the variable expenses amounting to 47.62%. It simply gives the family more leeway in terms of adjusting the variable expenses when time comes that we need to minimize some expenses to give way to more important priorities.The projected income is easy to determine as no other sources were currently eminent. The income from salaries of both my husband and me as teachers comprises the basic cash in which is easy to establish on a monthly or yearly basis.On the other hand, cash expenses are composed of several different items, and the expenses are clearly classified into fixed and variable expenses. Some could be established as regular fixed expenses which do not differ on a monthly basis. On the other hand, other expenses such as food, savings for emergency purposes and miscellaneous expenses differ depending on diversity of needs and requirements of family members across time. I therefore learned that a substantial portion of our family income is spent on different needs but somehow, by managing to allot a small amount for emergency purposes and still be able to maintain some surplus, we could be able to meet unforeseen and unanticipated expenses and could plan for future financial goals.From the income and expense developed in September, the same income and expenses are expected in October, except for the additional savings needed as outlined in the financial goals worksheet in Part I, where the long term goal of a vacation in Hawaii, life insurance of children, and funds to be earmarked for the coming Christmas vacation need to be allotted as additional savings. These amounts were taken from the net surplus of $750. When the additional savings are taken out, only $54.17 will remain. One intends to use a computer spreadsheet (Excel) to record and continue monitoring the income and expenses, as well as managing