Question
I need a monthly family budget that includes gross ($2,400.00) and net income with its calculation, description of expenses (transportation (own car just fuel), entertainment,
I need a monthly family budget that includes gross ($2,400.00) and net income with its calculation, description of expenses (transportation (own car just fuel), entertainment, insurance, personal care, housing-mortgage that pays $360.00, food, clothes, electricity, water, telephone, miscellaneous-credit card) and savings for an income of $ 2,400.00 gross monthly, calculate the deductions. Include the percentage of net income spent on each category and display each category on a colored legend pie chart.
1. Do you consider that the family budget is healthy? Explain. 2. Allow them to save? Why? 3. What adjustments should you make to the family budget? 4. To which category should more or less money be allocated?
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