Amy and Paul are a young married couple with a cat, but no children. They are currently renting an apartment, but are considering buying a house. They have created the following budget based on the house they hope to purchase.

Amy & Paul's Budget Combined Net Income $ 4,142.00 Expenses Mortgage $ 1,205.68 Property Tax $ 265.98 House Insurance $ 36.42 Electricity $ 100.00 Natural Gas Heating $ 50.00 Food $ 600.00 TV/Phone/Internet $ 125.00 Clothing $ 200.00 Car Loan Payments $ 745.52 Car Insurance $ 212.63 Gasoline $ 75.00 Life Insurance $ 45.00 Travel Fund $ 200.00 Gifts $ 60.00 Total Expenses $ 3,921.23 Income - Expenses $ 220.77