Question

Cynthia is making a budget. She makes a monthly net income of $2,300; plus, she earns an additional $640 each month for providing weekend child care. She lists her dedicated expenses.
Description: rent, utilities, car payment, student loan payment, cell phone plan, book club membership
Amount: $775, $308, $385, $273, $87, $30
How much money is left for the rest of her monthly budget? Show your work or explain how you got your answer.

Answer 1

First find Cynthia’s total monthly income:
2300 + 640 = 2940

Add up her dedicated expenses:
775 + 308 + 385 + 273 + 87 + 30 = 1858

Subtract expenses from income:
2940 − 1858 = 1082

Cynthia has $1,082 left for the rest of her monthly budget.