Create and following a budget helps individuals manage their money and prevents overspending.
Please put the following information in the blanks below.
In blank 1, create a budget for Jessie Robinson, whose information is below.
In blank 2, indicate whether Jessie is living within her means or overspending
In blank 3, justify why Jessie is living within her means or overspending.
Jessie Robinson:
Age: 25
Marital status: single with no children
Monthly rent: $400
Monthly income: $800
Monthly food bill: $200
Monthly gas expense: $100
Monthly car Insurance: $50
Monthly cell phone bill: $100.