Question

Tamara's monthly budget shows$490.00 in fixed expenses, $529.50in variable expenses, and anexpected income of $1,250.00.1. Why doesn't Tamara's budgetbalance?

Answer 1

She has an expected income of $1250.

The total expenses are $490 + $529.50 = $1019.50.

She has a superavit that she can save. This amount is $1250 - $1019.50 = $230.50.

Answer: the budget balance does not balance because the income is greater than the expenses.