Fran wants to take a new job but will have to move to an area with a higher cost of living. With her current income, she can use the 50-30-20 budget philosophy. The new job will have a net pay of \(\$ 43,700\) annually. She will still have to pay her car payment of \(\$ 295.00\), her student loans that cost \(\$ 264.00\) per month, and her outstanding credit card debt, on which she pays \(\$ 200\) per month.

1. Apply the 50-30-20 budget philosophy to Fran's new income.

2. If she follows the budget, how much does she have, after paying her credit card debt, car payment and student loan, to spend on necessities.

3. If she follows the budget, how much will she set aside for wants? For savings?

4. Discuss the affordability of changing jobs and moving, based on Fran's budget.