Sarah is a student at a career college in Ontario. She lives alone with her six-year-old son, Alex. Sarah has a part-time job at a restaurant, where she makes approximately $1050 per month after taxes. On weekends, she sometimes watches a neighbor's baby for extra income. On average, she makes $100 a month from the baby-sitting work. Sarah also receives $75 a month for a baby bonus. The evening when Sarah work at the restaurant she leaves Alex with either her older sister or her mother, so she doesnt usually have childcare or babysitting costs.Sarah and Alex live in a studio apartment. Their rent is $625 per month; Utilities average around $80 per month and includes all - electric, heat and water. Although Sarah would like to move into a bigger place, she knows that she will have to wait until she is making more money. She hopes to move when she starts her new career. She spends about $250 per month on food. She owns her car; it was a gift from her parents. She pays $150 per month on car insurance, and she fills the gas tank about once a month, which costs $75. Sarah has only a basic mobile phone with a limited type of service. She pays $35 per monthsister or her mother, so she doesn't usually have childcare or baby-sitting costs.

Sarah and Alex live in a studio apartment. Their rent is $625 per month; Utilities average around $80 per month and includes all - electric, heat and water. Although Sarah would like to move into a bigger place, she knows that she will have to wait until she is making more money. She hopes to move when she starts her new career.

She spends about $250 per month on food. She owns her car; it was a gift from her parents. She pays $150 per month on car insurance, and she fills the gas tank about once a month, which costs $75. Sarah has only a basic mobile phone with a limited type of service. She pays $35 per month for it. Her monthly bill for TV and Internet service is

$75.

She usually pays debit when she goes out with friends or takes Alex out. Looking at the last 2 months, she spent around $150 each month on take out, and taking Alex out.

Sarah would like to create an emergency fund so she wouldn't have to rely on her parents or her sister every time she has a financial problem. She would like to set that up in her budget, along with a savings plan. She has just never done a budget before and does not know what money she would have left over to go towards both.