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Imagine you have a budget of $1,000 per month. Make a list of at least three categories you would use that money toward, such as housing, utilities, transportation, food, clothing, entertainment, savings, and so on. Then put a dollar amount next to each item to show how much money you would budget for this item each month. Make sure the total adds up to $1,000.

User Tmuecksch
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$500 housing and utilities, 400 food, $30 transportation, the rest of entertainment of savings.
User Dotnetpickles
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