Question

Brendan and Tasia are making a budget. Brendan takes home $2,300 on the 5th and 20th of each month, and Tasia receives $4,800 once a month. They make a list of their dedicated expenditures.
How much money is left for the rest of their monthly budget? Show your work or explain how you got your answer.
mortgage: 3,200
utilities: 445
brendans car payment: 225
tasias car payment: 385
minimum credit payments: 214
cell phone plan: 156
gym membership: 96

Answer 1

First find their total monthly income:
- Brendan: $2,300 × 2 = $4,600
- Tasia: $4,800
Total income = $4,600 + $4,800 = $9,400

Next add their dedicated expenditures:
- Mortgage: 3,200
- Utilities: 445
- Brendan's car: 225
- Tasia's car: 385
- Minimum credit payments: 214
- Cell phone: 156
- Gym: 96
Total expenditures = 3,200 + 445 + 225 + 385 + 214 + 156 + 96 = 4,721

Money left for the rest of the monthly budget:
$9,400 − $4,721 = $4,679

They have $4,679 left for the rest of their monthly budget.