Question

sofia still lives at home, but helps with the rent paying $200 per month. she has a job that pays about $700 per month after taxes. she has to pay for her own personal items such as clothing and toiletries spending about $120 per month. going out with friends is important to her, but she also wants to save money to buy her own car. select the budget that would best help meet her goals.

monthly budget	budget a	budget b	budget c	budget d
expenses -
rent	$200	$200	$200	$200
personal items	$120	$120	$120	$120
entertainment	$100	$300	$200	$325
savings	$250	$50	$150	$25

a. budget a
b. budget b
c. budget c
d. budget d

Explanation:

Step1: Verify total expenses match income

For each budget, sum all expenses:

• Budget A: $200 + $120 + $100 + $250 = $700
• Budget B: $200 + $120 + $300 + $50 = $700
• Budget C: $200 + $120 + $200 + $150 = $700
• Budget D: $200 + $120 + $325 + $25 = $700

Step2: Evaluate savings & entertainment balance

Sofia wants to save for a car and enjoy going out. We need a budget with reasonable entertainment and meaningful savings:

• Budget A: $100 entertainment, $250 savings (balanced)
• Budget B: $300 entertainment, $50 savings (too little savings)
• Budget C: $200 entertainment, $150 savings (less savings than A)
• Budget D: $325 entertainment, $25 savings (minimal savings)

Answer:

a. Budget A