Workplace 11 unit 2.2

Chapter 2: Budgets Workplace 11 Workplace 11 Chapter 2: Budgets b) Janae spends about $75.00 a week on food. What percentage of her income does this represent? 21. Veejay is saving for his college tuition. Since his parents do not charge him room and 19. Justin works on contract as a landscaper. He earns about $3300.00 a month. He is board, he plans on saving 55% of his income. If he earns $1725.00 a month, how long creating a budget and wants to put 12% of his income into savings. (Intermediate) will it take him to save the $6000.00 he needs for his first year at college, along with a) If he follows his budget, how much will he save each month? $550.00 for books? (Advanced) b ) How long will it take him to save $1500.00 20. Pierre has kept a record of his spending over the past 4 months. He earns semi-monthly pay of $1475.59. Create a conservative budget for Pierre. (Advanced) Item August September October November Mortgage payment $1450.00 $1450.00 $1450.00 $1450.00 Utilities/phone $139.00 $142.00 $142.00 $159,00 Groceries $276.00 $312.00 $248.00 $363,00 Loan repayment $250.00 $250.00 $250.00 $250.00 Charity $100.00 $25.00 $30.00 Entertainment $95.00 $128.00 $212.00 $145.00 Transportation $245.00 $189.00 $196.00 $212.00 Miscellaneous $84.00 $98.00 $75.00 $54.00 22