Here is the household scenario: Jose and Pep live in Birmingham with their two children, Alexis and Simon, aged 9 and 7. Jose, who works part-time as a clerk with the local council, has a net income of 13,000 a year, while Pep works full time and earns a net income of 25,090 per annum as a refuse collector. They currently rent their house, which has 4 bedrooms, the smallest of which they use as a storeroom for extra bits and pieces of furniture they have accumulated over the years. They are keen followers of their local football club and each year they buy season tickets. This season their team is doing well, and the family are hopeful that a good run in cup competitions could lead to a semi-final, a final or even a win. They never seem to have money for special family days out or 'for a rainy day' and this is something that they would like to change. They would like to save at least 100 a month. Table 9.3 Jose and Pep's average cash-flow statement Income (net) Average Monthly cash flow Jose 13,000 a year 1,083.33 Pep 25,090 a year 2,090.83 Total income 3,174.16 Expenditure Rent 900 per month 900.00 Council tax 1250 a year 104.17 Food and household items 240 per week 1,040.00 Water 200 each half-year 33.33 Gas and electricity 350 per quarter 116.67 Broadband, TV and phones 85 a month 85.00 Transport 350 a month 350.00 Gym, leisure, meals out 200 a month 200.00 Annual season tickets for Pep and Jose 91.67 Annual season tickets for Alexis and Simon 33.34 Holidays 215 Total expenditure 3,169.18 Surplus/deficit 4.98 Examine the household case and their average cash flow. Share your thoughts about the household's current cash-flow position with your team members in your forum thread. Between you, agree a one-sentence statement that encapsulates the household current position (you will need this later)