David and Mary Newson earn a total $5,200 a month. They pay afterschool daycare for their 2 kids of $550 a month since they both work til 6pm. They mortgage is $1200 a month. Groceries is $500. They
also have family night each Saturday and spend a total of $300. David truck has no payments. They
recently bought a larger vehicle for the family and they pay a total of $710 for car note, insurance and
gas. Their oldest daughter is on a dance team and it cost $75 a month. Utilities a month are $700. There
youngest daughter has braces and payment is $200 a month. Do the Newson family have enough money
to save 20% if not what are some suggestions?