Examine Laura's non-monthly expenses.

a. Which month has the greatest expenses?
b. How might Laura prepare for those expenses?

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Laura's Financial Report Income Teacher, monthly after-tax income: $5,000 Tutor, monthly after-tax income: $1,200 Monthly Expenses Rent Car loarn Electricity Sanitation Cable/Internet $40 Dining out Gasoline Water Renter's insurance $30 Debt reduction $200 Non-Monthly Expenses Medical: $250 in April, $250 in September Auto-related: $400 in October Home-related: $250 in February, $250 in November Life insurance: $110 in April, August, December Tuition: $2,000 in May (summer) and August (fall) Vacation: $800 in July Gifts: $250 in March and December Contributions: $10 each week of the year Repairs: $280 in October Taxes: $1,500 in January and September $2,200 $180 $80 $50 Groceries Personal loan $100 Land line phone $60 Auto insurance $70 Savings College loan $250 Cell phone Medical insurance $60 Entertainment $250 $600 $400 $200 $200 $40 $80