Question

You have housing and fixed expenses of $631.72/month and they are 33% of your realized income. What is your realized income per month?

Answer 1

To find the realized income per month, we can divide the total fixed expenses by the percentage they represent in the income.

Realized income per month = Total fixed expenses / Percentage represented by fixed expenses

Realized income per month = $631.72 / 33% = $1917.27

Therefore, your realized income per month is $1917.27.