Gina has a net spendable income of $1,600. She must pay at least $100 per month to pay off her debts. However, she puts together the following budget for her main expense categories.
Housing $510
Food $204
Transportation $255
Insurance $51
Debts $207
Entertainment $85
Clothing $85
Savings $55
Medical $68
Miscellaneous $80
How is she able to pay so much money on her debts?
A) She is going over budget.
B) She is putting less than the recommended percentage of her income into the savings category.
C) She is putting the minimum recommended percentage of her income into all categories except debt.
D) She is putting less than the recommended percentage of her income into the clothing, medical, and miscellaneous categories.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Gina has a net spendable income of $1,600. She must pay at least $100 per month to pay off her debts. However, she puts together the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Gina has a net spendable income of $1,600. She must pay at least $100 per month to pay off her debts. However, she puts together the following budget for her main expense categories.