Question

Jacob is ready to move into his own apartment. He has a great job earning 1680 per month. What is the best way Jacob budget can be modified to help him make 600 monthly

Answer 1

He needs to reduce the amount that he is saving (Savings) and the amount he spend in recreation. As those amounts can be modified easily compared with the other amounts in his budget.

Then, the new budget could be:

Rent: $600

Food: $200

Clothes: $75

Savings: $300

Recreation: $200

Car exprenses: $300

Net income: $5