Make a budget for your wants and needs based on a fixed income following the included instructions. I need water, and the cost of water is 1.5$, I need Food, and the cost of food is 20$, I need clothes, and the cost of clothes is 50$. I want an xbox, and an xbox costs 139.99$, I want a back scratcher and a back scratch 1.25%, i want a toy boxing glove, and a toy boxing glove costs 25$. I want to go horseback riding, and a horseback ride costs 30 to 80$ per person.
Based on the given costs, here is a budget based on a fixed income:
Needs:
- Water: $1.5
- Food: $20
- Clothes: $50
Total cost of needs: $71.5
Wants:
- Xbox: $139.99
- Back scratcher: $1.25
- Toy boxing glove: $25
- Horseback riding: $30-80 (depending on cost per person)
Total estimated cost of wants: $196.24 - $236.24
Budget breakdown:
Needs: $71.5
Wants (using estimated maximum cost for horseback riding): $307.24
Total budget: $378.74
It is important to note that the cost of horseback riding can vary depending on location and specific services offered. It is recommended to research and plan accordingly to stay within budget.