Question

Making a budget helps individuals manage their money and prevents overspending.

Using the figures below, please CREATE and PROVIDE a budget for the following individual: Jessie Robinson

Age: 25

Marital Status: Single with no children

Also, determine whether Jessie is living within her means or overspending. Please explain your answer and justify it.

Monthly Rent: $300

Monthly Income: $900

Monthly Food Bill: $250

Monthly Gas Expense: $100

Monthly Car Insurance: $80

Monthly Cell Phone Bill: $100

Answer 1

Id say sense shes living alone her budget can be 2,800 because it pays all the costs.