Question

Budget Outline

Determine what percentage of your overall spending each category will have. You should not spend more than the maximum percentage in the range nor should you spend less than the minimum percentage in the range.
Housing (rent, mortgage): 15 - 25 %

Utilities (heat, water, phone, cellphone, television, internet etc.): 5 – 10%

Transportation (public transportation or fuel and maintenance): 10 – 15%

Healthcare (prescriptions, dentist, chiropractor etc.): 5 – 10%

Food : 5 – 15%

Investments/Savings (retirement and future): 5 – 10%

Entertainment/Recreation (movies, trips, gym memberships): 5 – 9%

Miscellaneous Personal (grooming, clothing etc.): 2– 7%

Debt Payments (no debt right now) : 5 – 10%

Charitable Giving (optional) : 5 – 15%



Total Net Amount 19, 791.24.

turn the percentage to decimal.

split the money (Total Net Amount 19, 791.24) in each catagory.

at the end the money should be zero and the percent should be 100 when adding.

the total sum from all categories should equal the net salary. (Total Net Amount 19, 791.24)

You cannot have any money ‘left over’, all of your money should be in a category

there are 2 adults and 4 children in the family.
i will mark you as briliant.

Answer 1

Answer:

2 adult 19.123

Step-by-step explanation:

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