Jenna rents an apartment. She wants to buy a house, and she needs to create her budget table for her income and expenses: 1. Her net annual income after all deductions is 55650.00 2. Her monthly rent including heating and water is 850.00 3. Her electricity bill is 110 bi-monthly 4. Her internet, phone and cable costs her $150.00 per month. 5. Her car lease is 250.00 per month 6. Her insurance is 750, paid semiannually 7. She spends on average $50 on gas, weekly 8. Her bi-weekly expenses for groceries and household supplies on average are $250.00 9. She spends on average $180.00 monthly on entertainment and eating out.
10. She has a gym membership, which costs her $400 per year. 11. Other miscellaneous expenses on clothing, furniture, books are 350.00 per month Create a monthly budget and organize her financial information. Will she be able to save for a down payment? If yes, how much can she save per month?
