In the month of March, Joe had $60 in his bank account but spent $78, so he now has a debt of $18. In the same month, Kate had $60 but spent $52, so she now has only $8 in her bank account. Joe’s balance at the end of the month of March is , and Kate’s balance is .
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Joe's balance at the end of March is -$18, because he is $18 below zero in his bank account, or $18 in debt. Kate's balance is $8 at the end of March, because she is $8 above zero at the end of the month.
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