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What percent of the monthly budget for the reed family what percent of the expenses is spent on utilities?
To determine the percentage of the monthly budget that the Reed family spends on utilities, you'll need to divide the total amount spent on utilities by the total monthly budget and then multiply by 100. For example, if the family spends $200 on utilities and their total budget is $2,000, the calculation would be (200 / 2000) * 100, which equals 10%. Thus, 10% of their monthly budget is spent on utilities.
What else can I help you with?
Leigh earns 134563 per month and budgets 22 percent of her income for utilities How much does she spend for utilities?
I will assume you left out the decimal point for the monthly salary. 1,345.63 x .22 = 296.0386 ~ $296.04 per month budget for utilities. Amount spend, depends on the bill, but $296.04 is the amount in the budget.
When creating a budget you should start with a list of all of your monthly expenses True or False?
True. When creating a budget, starting with a list of all your monthly expenses helps you understand your spending habits and financial obligations. This allows you to allocate your income effectively, identify areas for potential savings, and ensure that your budget is realistic and achievable. By knowing your expenses, you can make informed decisions about your spending and savings goals.
When According to the Bureau of Labor Statistics housing represents what percent of the monthly budget of most Americans?
34 %. A+
What are the correct steps in making a budget?
To create a budget, start by determining your income, including all sources of revenue. Next, list and categorize your expenses into fixed (like rent and utilities) and variable (like groceries and entertainment). Subtract your total expenses from your income to see if you have a surplus or deficit. Finally, adjust your spending as needed to ensure you can meet your financial goals, and regularly review and update your budget to reflect changes in income or expenses.
In budgeting her 50 monthly allowance sue is advised to save 2.5 percent of the amount how much will she budget for savings?
$1.25
This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities?
To determine the percentage of the Reed family's expenses spent on utilities, you need to divide the total amount spent on utilities by the total monthly expenses and then multiply by 100. For example, if their total expenses are $3,000 and they spend $300 on utilities, the calculation would be ($300 ÷ $3,000) × 100 = 10%. Thus, 10% of their expenses are spent on utilities.
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities?
Divide the utility expense by the monthly budget. Multiply the result by 100.
This is Paula's monthly budget What percent of her expenses is spent on insurance?
20Given Paula's monthly budget, the percentage of expenses spent on insurance can be determined by subtracting all the other expenses from the monthly budget, which leaves you with the anoint spent on insurance.
If you plan to spend 9 percent of your monthly income on medical expenses how much would you budget for a monthly income of 1550?
If you plan to spend 9 percent of your monthly income on medical expenses, you would budget $139.50 for a monthly income of $1550.
Monthly costs associated with living in a home such as rent utilities and bills are all known as?
Monthly costs associated with living in a home, such as rent, utilities, and bills, are collectively known as housing expenses or living expenses. These costs encompass all necessary expenditures required to maintain a household. It's important for individuals to budget for these expenses to ensure financial stability.
Leigh earns 134563 per month and budgets 22 percent of her income for utilities How much does she spend for utilities?
I will assume you left out the decimal point for the monthly salary. 1,345.63 x .22 = 296.0386 ~ $296.04 per month budget for utilities. Amount spend, depends on the bill, but $296.04 is the amount in the budget.
Is there a monthly budget calculator online?
There are great free monthly budget calculators online where you can figure out your monthly budget expenses. Simply go to any bank's official website, and on their page, you will find a free to use monthly budget calculator.
How to use a financial calculator online to budget monthly expenses?
Online financial calculators are a great way to plan out your monthly budget. There will be a section on income, where you enter all of the money coming into your account in a month. There will also be an expenses section where you enter all of your monthly outgoings. You can then calculate if there is a surplus or deficit on your monthly budget.
Limitation of budget?
A limitation of a budget is that they may not account for the fact that monthly expenses are not always the same. They may also fail to address unexpected expenses.
What percent of their budget do typical American families spend on utilities?
4%
What are the utilities in a family budget?
A family budget is made up of items that fall into these categories: Fixed expenses, variable expenses, periodic expenses and incidentals. Fixed expenses. These are predictable, recurring items that do not change in size, nor schedule. Examples are: monthly rent, cable bill, gym membership... Variable expenses: These are regular expenses that might fluctuate in the amount of the bill. These might include utilities like the electric bill, the gas bill, the water bill or expenses like gas for your car. Periodic expenses: Expenses like the yearly registration of your car(s) fall under this category. They occur regularly but not so frequently that they are always remembered in a monthly budget. Lastly, incidental expenses: This covers things like replacing a blown-out tire, printer ink, a birthday gift for a friend, an ipod... purchases that are more of a singular event than a recurring expense.
This is the Reed family budget. What percent of the expenses are spent on gifts and donations?
I am unable to se the budget, therefore I cannot tell the percent of the expenses that are spent on gifts and donations.
