Chapter $2$ Scarlett King Learns to Budget Scarlett King recently graduated from college and moved to Charlotte to take a job as a market research analyst. She was pleased to be financially independent and was sure that, with her $$45,000$ salary, she could cover her living expenses and have plenty of money left over to furnish her studio apartment and enjoy the wide variety of social and recreational activities available in Charlotte. She opened several department$-$store charge accounts and obtained a bank credit card. For a while, Scarlett managed pretty well on her monthly take$-$home pay of $$4,800,$ but by the end of $2024,$ she was having trouble fully paying all her credit card charges each month. Concerned that her