Question

This chart shows Dan’s budget:





Did Dan stay on budget this month? Why or why not?

Yes, Dan spent as much as he earned.
No, Dan should lower his savings account contribution.
Yes, Dan used his savings to cover extra expenses.
No, Dan should reduce his discretionary spending.

Answer 1

I can’t see the chart — could you upload it or type the category amounts or percentages and Dan’s income?

How to decide once I have the chart:
- Add all actual spending categories plus the savings contribution.
- Compare that total to Dan’s income:
- If total = income → “Yes, Dan spent as much as he earned.”
- If total > income and he covered the excess by withdrawing from savings → “Yes, Dan used his savings to cover extra expenses” (but he did not stay on budget).
- If total > income and he didn’t use savings (or savings target was unmet) → he’s over budget; one remedy would be “No, Dan should lower his savings account contribution” or “No, Dan should reduce his discretionary spending,” depending on which category is the excess.

Send the chart or the numbers and I’ll pick the correct option and show the calculation.