Question

Ingrid is preparing a budget. She is first calculating her income. She makes $2,000 a month as a tutor, but she is going to school to become a lawyer who will eventually make close to $10,000 a month. What is the BEST thing for Ingrid to do to prepare an accurate budget?A. She should use the difference between both incomes--$8,000.B. She should average both incomes and use $6,000.C. She should use her future income of $10,000.D. She should use her current income of $2,000.

Answer 1

Given:

Ingrid is preparing a budget. She is first calculating her income.

She makes $2,000 a month as a tutor.

And she is going to school to become a lawyer.

Eventually, she will make close to $10,000 a month

So, the best thing is to calculate her earnings when she becomes a lawyer.

So, the answer will be option A

She should use the difference between both incomes--$8,000.