50 points) create a budget that will allow you to save at least $100 by the end of october. (remember, your old budget reflected a net income of $1850.00 and included these expenses: $600 for your rent $475 for your car payment, car insurance, and gas $230 for your utilities, phone, and internet $300 for your groceries $50 for your entertainment $20 for your renters insurance $75 for discretionary spending a final net total of $100 saved per month your new budget needs to include these changes: a new line to budget $50 per month toward a new computer a final net total of at least $300 saved per month. (income, fixed expenses, variable expenses) which budgetary category changed the most between your old budget and your new budget? why?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan