Question

monthly budget
income
wages
expenses
car - gas, insurance
food & personal items
cell phone
college savings
recreation
clothes
net income
what is the actual net income for the month? what, if any, changes could have been made to the actual amounts this month to keep the actual net income at a positive value?
a. the actual net income for the month is -$85. less money could have been spent on food, recreation and clothes.
b. the actual net income for the month is $85. no changes necessary.
c. the actual net income for the month is -$85. no changes necessary.
d. the actual net income for the month is $85. less money could have been spent on food.

Explanation:

Step1: Calcular ingresos totales reales

La única fuente de ingresos es el salario, que es de $850.

Step2: Calcular gastos totales reales

Sumamos los gastos reales: $300 (carro) + $220 (comida e ítems personales) + $75 (teléfono celular) + $200 (ahorros universitarios) + $80 (recreación) + $60 (ropa) = $935.

Step3: Calcular el ingreso neto real

Ingreso neto real = Ingresos reales - Gastos reales = $850 - $935 = -$85.
Para mantener el ingreso neto en positivo, se podrían reducir gastos en categorías flexibles como comida, recreación y ropa.

Answer:

a. The actual net income for the month is -$85. Less money could have been spent on food, recreation and clothes.