& JUS BUKLE YOKS The following is a basic budget for household expenses. Which of the following could have a larger impact on lowering household Expenses Amount Percentage of Income Housing costs (mortgage payment) $1,050 30% Food $700 20% Clothing $350 10% Transportation (car payment, Insurance) $420 12% Medical $420 Savings $550 10% $140 4% "Just in case" funds $70 2% Increase the amount that you are putting into savings. Cut out one movie a month. Cut your Just in case" funds in half. O Look at car and medical insurance costs and compare providers to see if they could switch providers to save on medical expenses