Using the information below, analyze Holly's financial situation and following questions. Holly's Monthly Finances Income 2250.00...
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Using the information below, analyze Holly's financial situation and following questions. Holly's Monthly Finances Income 2250.00 Rent 800.00 Car Payment 225.00 Credit Card Payments 125.00 Student Loan Payments 150.00 Utility Bills, etc. 400.00 Clothing Allowance 250.00 Food Allowance 100.00 Savings 100.00 Leftover Money Current Balances Savings 1200.00 Credit Card 4250.00 1. How much does Holly have left over each month? 2. What percentage of her income does Holly pay in rent? 3. What percentage of her income is spent on credit card payments, car and other loans? 4. List Holly's examples of the following: Bad Debt: Good Debt: 5. List Holly's examples of the following: Open-ended Credit: Closed-ended credit: Using the information below, analyze Holly's financial situation and following questions. Holly's Monthly Finances Income 2250.00 Rent 800.00 Car Payment 225.00 Credit Card Payments 125.00 Student Loan Payments 150.00 Utility Bills, etc. 400.00 Clothing Allowance 250.00 Food Allowance 100.00 Savings 100.00 Leftover Money Current Balances Savings 1200.00 Credit Card 4250.00 1. How much does Holly have left over each month? 2. What percentage of her income does Holly pay in rent? 3. What percentage of her income is spent on credit card payments, car and other loans? 4. List Holly's examples of the following: Bad Debt: Good Debt: 5. List Holly's examples of the following: Open-ended Credit: Closed-ended credit:
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