Question

One of your mr. Mallesham needs your help to plan out his budgets His income is around 25,000 per month set up a budget for him for the given salary .include Rent, gas, food,utilities,medical expenditure,recreation,clothing,children expectation,etc.

Answer 1

Answer:

Explanation:

If the income is 25000 then he should decide the expenditure according to his priority. The rent should be under 6000 and for food his expense should be within 5000. These are the basic needs so he cant compromise with these expenses.

He can control the entertaining cost to save money and can complete it within 2000. For medical purpose he should keep 1000-2000 rupees aside every month. For children he should keep another 1000 rupees. For clothing and utilities he can keep 2000 rupees aside.

For gas he needs another 1000 rupees every month. In this manner he can complete his expenses within 20,0000 and save 5000 every month.