1. You will create a monthly budget based on the method of zero-based budgeting. Visit the sites listed in the Introduction section of the Instructions document to help with these questions. Answer each in your own words in 2-3 complete sentences. a. What does it mean to have a zero-based budget? b. What benefits does it have to help you budget? 2. Now you will work on your own hypothetical monthly budget for when you graduate from MGA. Use the Instructions Document to guide you through the process. CATEGORY ITEM AMOUNT NOTE/EXPLANATION INCOME Annual Gross Wage Career: Monthly Gross Wage Net Wage (monthly) SAVINGS Monthly Savings Account Percent: Monthly Retirement Percent: Total Monthly Savings Budgeting Student Work Document Page 1 of 4