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
i will mark you as briliant.
Answers
Answer:
27.32 % is the answer for the question
Overall spending in Budget
Step-by-step explanation:
Utilities 1979 10.00
Transportation 2968 15.00
Healthcare 1979 10.00
Food : 2968 15.00
Investments/Savings 1979 10.00
Entertainment/Recreation 1781 9.00
Miscellaneous Personal 1385 7.00
Debt Payments 1979 10.00
Charitable Giving (optional) : 2773.24 14.00
Total 19791.24 100
Learn more:
Income is around 25000 per month SET UP A BUDGET FOR HIM ...
https://brainly.in/question/9632100
anil runs a small business he spend 2/5of his budget on supplies 1 ...
https://brainly.in/question/11937545