Skill Area: Food Service Management
Assignment Title: Creating A Personal Budget
What I learned: I learned how to use excess in order to create a personal budget based on previous expenditures and projected spending.
Reflection to assignment: Creating a personal budget is very
difficult to do, however by using excel and being able to plug in numbers and
create equations in the spreadsheet makes the process much easier.
Relevance to the profession: Being able to do a projected profit/loss budget is imperative for any company in order to monitor if they are actually making money.
