scenario: you earn $650 each month at your part - time job. create a basic budget.
category | % of income | budgeted amount
cell phone
personal items
food & snacks
transportation
fun
savings
total
do your total expenses equal $650? ______ if not, adjust.

Question

Accepted Answer

# Explanation:
## Step1: Allocate percentages
Let's assume reasonable percentages for each category. Cell Phone: 10%, Personal Items: 10%, Food & Snacks: 30%, Transportation: 15%, Fun: 10%, Savings: 25%.
## Step2: Calculate budgeted amounts
Cell Phone: $650	imes0.1 = 65$; Personal Items: $650	imes0.1 = 65$; Food & Snacks: $650	imes0.3 = 195$; Transportation: $650	imes0.15 = 97.5$; Fun: $650	imes0.1 = 65$; Savings: $650	imes0.25 = 162.5$.
## Step3: Check total
$65 + 65+195 + 97.5+65+162.5 = 650$

| Category | % of Income | Budgeted Amount |
|--|--|--|
| Cell Phone | 10% | $65$ |
| Personal Items | 10% | $65$ |
| Food & Snacks | 30% | $195$ |
| Transportation | 15% | $97.5$ |
| Fun | 10% | $65$ |
| Savings | 25% | $162.5$ |
| Total | 100% | $650$ |

# Answer:
| Category | % of Income | Budgeted Amount |
|--|--|--|
| Cell Phone | 10% | $65$ |
| Personal Items | 10% | $65$ |
| Food & Snacks | 30% | $195$ |
| Transportation | 15% | $97.5$ |
| Fun | 10% | $65$ |
| Savings | 25% | $162.5$ |
| Total | 100% | $650$ |

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QUESTION IMAGE

Question

Explanation:

Step1: Allocate percentages

Step2: Calculate budgeted amounts

Step3: Check total

Answer:

Category	% of Income	Budgeted Amount
Personal Items	10%	$65$
Food & Snacks	30%	$195$
Transportation	15%	$97.5$
Fun	10%	$65$
Savings	25%	$162.5$
Total	100%	$650$