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I need help please with this discussion scenario

I need help please with this discussion scenario-example-1

1 Answer

5 votes

Answer:

My rough monthly budget for the Fond du Lac area would look something like this:

Income:

- 30 hours at minimum wage: $7.25/hr x 30 hrs = $217.50

- 20 hours at $13/hr: $13/hr x 20 hrs = $260.00

Total Monthly Income: $477.50

Expenses:

- Rent/Mortgage: $750

- Food: $200

- Utilities: $75

- Phone: $60

- Car/Car Insurance: $200

Total Monthly Expenses: $1285

Monthly Outcome: -$808.50

Going through this process has made me realize the importance of taking care of my health. Without my leg injury, I would be able to work both jobs and make a more livable wage to support my family. This budget also shows how even with a full-time job, I still cannot make enough to support my family.

If my leg pain increases and I have to quit my job, I would need to make some serious decisions concerning my budget. I would need to cut back on expenses like food, utilities, and phone in order to make up for my lost income. I would also need to look for other ways to make money, such as getting a side job or selling items online.

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User XDragonZ
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