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Jamie Lee's Financial Situation: Assets: Emergency Fund: $3,000 Monthly Expenses: Rent: $620 Utilities: $70 Groceries: $240 Gas/maintenance: $230 Credit card balance: $3,950 (minimum $195 payment)

Jamie Lee's Financial Situation: Assets: Emergency Fund: $3,000 Monthly Expenses: Rent: $620 Utilities: $70 Groceries: $240 Gas/maintenance: $230 Credit card balance: $3,950 (minimum $195 payment) Student loan balance: $10,400 (minimum $350 payment) Gym membership: $35 Restaurants / Dining Out: $225 Internet: $35 Cable: $70

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