lisa is a third - year college student living alone in an apartment. she works 20 hours a week at a local…

lisa is a third - year college student living alone in an apartment. she works 20 hours a week at a local bank, making $10 per hour. lisa has a savings account that she built up during high school and by working full - time summer jobs. during the school year, she withdraws $350 per month to help cover her living expenses. lisas college tuition and books are covered by her scholarships. her parents help by providing an additional $500 a month and also provide her health insurance. lisas fixed monthly expenses are: * rent: $600 * insurance (renters and identity theft): $25 * car insurance: $110 * utilities: $60 * cell phone: $60 * streaming services: $40 *lisas budget should include giving and saving. it could also include spending categories like the following: food, gas, entertainment and personal. 1. gross monthly income from part - time job: 2. net monthly income from part - time job: deduct 20% of the income for payroll taxes (gross income x.80 = net income)

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