Task 10 misc. 7%
debt 5%
housing 30%
gifts &
entertainment
12%
Mark wants to start saving money. He
makes an annual net income of $45,000
at his computer technician job.
1: What is his net monthly pay?
Monthly Expenditures
Rent
$850
Food
$300
Car insurance + gas $190
Entertainment $760
Clothes
$150
2: What approximate percentage of his net
monthly pay is each expenditure listed above?
HINT: Percentage = (expenditure/net monthly pay)*100
Spending Guidelines
1% of net incomes)
clothes 5%
savings
10%
transportation
11%
food 20%
hent
3: Where would you suggest he cut costs to
be able to save more money each month?