Budget Percentage Do Now #3

Front

Rachel is a Life Coach CEO and is earning $235,000 per year as an entrepreneur. How much does she earn on a monthly basis (round to the nearest hundredth)?

Back

$19,583.33

Front

What is the max (highest percentage point) amount Rachel should budget for her recreation based on her annual income of $235,000?

Back

$1,958.33

Front

What is the lowest (lowest percentage point) that Rachel should pay for her housing expenses based on her annual income of $235,000?

Back

$4,895.83

Front

What is the range Rachel should spend on clothes per month?

Back

$391.67 - $979.17

Front

What is the definition of a budget deficit?

Back

spending exceeds income