using the information in the sample budget, analyze, the monthly spending and saving habits shown. In your answer, you must include the following with your analysis: (1) do you see any potential variable expenses that could change the budget each month?If so, what are they if not, why do you think this? (2) with the leftover spending money each month. Should this individual consider investing if so, which investment option would be the best and why if not, why do you think this? (3) consider the amount going to savings. What type of interest would provide the greatest benefit and why how long would it take to earn $5 in interest if the rate is one percent monthly provide calculations to support your answer.

Sample Monthly Budget Monthly Net Income Income (Ist job). S LIOS Income (2nd job) S 955 Other Income... Monthly Net Income Total. S 2,060 Monthly Expenses Savings ...4 69 69 047 464. S SO Mortgage/Rent S GOO Car Payment...... S ISO Car/Home Insurance. 100 Health Insurance. S 20 Heating SO Cable/Phone 100 Electric 90 Other .. S 100 Monthly Expenses Total. S 1,310 Monthly Spending Money .. 4- 694724 40679 03 16 10908045 S 750 (Monthly Net Income Total minus Monthly Expenses Total) Daily Spending Money Goal. s as (Monthly Spending Money divided by 30). "the average of 30 days in a month is used to simplify your budget