Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Instructions: Keep a record of all your spending over a 4-week period. Track everything you spend your money on (i.e., eating out, cups of coffee,
Instructions:
- Keep a record of all your spending over a 4-week period. Track everything you spend your money on (i.e., eating out, cups of coffee, out for drinks, groceries, rent, utilities, haircut, gas...)
- Keep track of all expenses and compare to your income for the same 4 weeks.
- At the end of the month create a COLOUR pie chart to illustrate the percentage you are spending in each category (SEE EXAMPLE BELOW).
Spending Plan Pie Chart Housing 35% Debt 15% Savings 10% Other Living Expenses 25% Transportation 15% Housing 35% -Mortage/Rent -Repairs -Taxes - Utilities - Insurance Debt 15% - Student Loans -Credit Cards -Personal Loans Other Living Expenses 25% - Eating Out - Vacations - Entertainment - Clothing Transportation 15% -Car Payments Gas - Insurance -Repairs -Parking/Tolls -Train/Bus Fees Savings 10% /www./5374432/
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started