Brandon provided you the following details regarding his financial situation: he works part time and averages a
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Brandon provided you the following details regarding his financial situation: he works part time and averages a net pay of $1,000 bi-weekly (after tax), his monthly rent is $1,500, car lease and auto insurance is $435 per month, he spends about $2,400 per year on groceries, $100 per month on clothing and personal care products and his cell phone bill averages $65 per month. Brandon pays $250/mo on his student loan, and he has a credit card with a $5,000 limit. Brandon's father passed away two years ago; he receives a survivor's pension of $500/mo from the estate. Calculate Brandon's cashflow.
$302 surplus
$300 shortfall
$117 surplus
$133 shortfall
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