5) You want to save money to take a trip at the end of the year and need to put a monthly budget together to determine if you will have enough saved. Design a budget for yourself given the following information. State the size of your budget deficit or a budget surplus each month. How much will you have saved in one year? monthly gross income $3300, monthly deductions $800 ... Net Income = rent (utilities included) of $750/month Food - $80 weekly cable, internet and phone - $1440 annually car loan - - $285/month clothes - $1800 annually car insurance - $990 every 6 months entertainment and sports - $200 monthly miscellaneous (includes gas for car) - $190 bi-weekly Monthly Budget Income Total Income: Expenses Fixed Total Fixed Expenses: Variable Total Variable Expenses: Total Expenses: Budget Surplus or Deficit: Annual Savings / Loss=