Directions Robert earns $1,800 dollars per month after taxes Below is a list of his expenses from the previous month Look at the list and fill in the total expenses for each category (in gray) Then answer the questions that follow Category Amount Spent Housing Rent $760 Utilities (gas, water, sewage) $100 Phone Internet $80 Food Groceries $200 Restaurants $80 Transportation Gasoline $40 Car Insurance $150 Entertainment Sports hobbies $150 Movies $20 Questions Assuming that Robert's monthly expenses do not vary much from month to month, how much does Robert spend in a typical month Add up all the subcategories housing, food etc Put the numbers in next to the dashes Based on your answer to question 1, how does Robert's monthly income compare to his monthly expenses If Robert had extra money left over after paying his expenses, how much is left If Robert spends more than he earns, by how much do his expenses exceed his income Robert decides he wants to put 10 of his monthly income into a savings account How much money does he need to put into his savings account each month Robert decides he wants to donate 5 of his monthly income to charity How much does he need to set aside for charity each month Based on your answers to question 3 and 4,how much money is Robert now setting aside each month for his savings account and charity Now that Robert puts 10 of his income into his savings account and donates 5 to charity, how does his monthly income compare to his expenses If Robert has extra money left over after paying his expenses, how much is left If Robert spends more than he earns, by how much do his expenses exceed his income

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Directions: Robert earns $1,800 dollars per month after taxes. Below is a list of his expenses from the previous month. Look at the list and

Directions: Robert earns $1,800 dollars per month after taxes. Below is a list of his expenses from the previous month. Look at the list and fill in the total expenses for each category (in gray). Then answer the questions that follow.

Category Amount Spent

Housing -

Rent $760

Utilities (gas, water, sewage) $100

Phone/Internet $80

Food -

Groceries $200

Restaurants $80

Transportation -

Gasoline $40

Car Insurance $150

Entertainment -

Sports/hobbies $150

Movies $20

Questions

Assuming that Robert's monthly expenses do not vary much from month to month, how much does Robert spend in a typical month?

Add up all the subcategories housing, food etc. Put the numbers in next to the dashes

Based on your answer to question#1, how does Robert's monthly income compare to his monthly expenses? If Robert had extra money left over after paying his expenses, how much is left? If Robert spends more than he earns, by how much do his expenses exceed his income?

Robert decides he wants to put 10% of his monthly income into a savings account.How much money does he need to put into his savings account each month?

Robert decides he wants to donate 5% of his monthly income to charity. How much does he need to set aside for charity each month?

Based on your answers to question 3 and 4,how much money is Robert now setting aside each month for his savings account and charity?

Now that Robert puts 10% of his income into his savings account and donates 5% to charity, how does his monthly income compare to his expenses? If Robert has extra money left over after paying his expenses, how much is left? If Robert spends more than he earns, by how much do his expenses exceed his income?