Question

Talk to your mentor, family members, or relatives between the ages of 25-30 and who are employed to see what their budgets look like. Develop a sample budget for someone aged 25 to 30 years old

Answer 1

Answer:

Household budget for someone aged 25 to 30 is given below.

Explanation:

Income $1,200

Particulars       Budget Amount    Actual Expense    Difference

House Rent            $300                               $300             0

Utility Bills               $85                                 $93              -8

Groceries                $195                                $175             20

Clothing expense   $50                                 $78              -28

Entertainment         $20                                  $55             -35

Laundry                   $5                                    $6                 -1

Study material        $10                                   $25              -15