You have just been promoted at your job, and now you have a net income of $2,190. You would like to use this income to meet new financial goals. 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
Other expenses may be modified as you choose.
A final net total of at least $300 saved per month