Question

budgeting
charlees personal budget
charlee started recording her expenses during her first month living by herself, the table shows her budget and actual expenses at the end of the month.
how much was the difference in the \freelance\ income category?
category description budgeted amount ($) actual amount ($) difference ($)
income salary 3,000 3,100 100
income freelance 500 450 -50
housing rent 1,000 1,000 0
utilities electricity 60 55 5
utilities water 40 45 -5
utilities gas 30 28 2
utilities internet 50 50 0
food groceries 300 320 -20

Explanation:

Step1: Identify relevant data

Budgeted amount for Freelance is $500, actual is $450.

Step2: Calculate difference

Difference = Actual - Budgeted = $450 - $500=-$50

Answer:

-$50