Emily works as a chef and her net income is $1100 bi-weekly. Her expenses include: monthly payment of $1256.00 for rent, monthly payment of $204.66 for her car, monthly payment of 125.00 for insurance, $65.00 per week on groceries, $62.14 per month on her cell phone bill, $52.00 per week on gas, $150 per month on clothes, $50 per month on entertainment, and $40 bi-weekly on miscellaneous items.

a) make a monthly budget for Emily.

b) Which of Emily's expenses are fixed? Which are variable?

c) Is Emily over-spending or underspending?

d) What are some changes that Emily could make to her spending habits?