Read the following prompt and type your response in the space provided.
Ann has a net monthly income of $2,700.
Create a reasonable monthly budget for Ann. Be sure to include the following expenses:
Ann has a dog. Dog related expenses cost Ann about $150 every month.
Ann recently bought a new car. Her transportation expenses are $800 per month.
Based on Ann's net monthly income of $2,700, a reasonable monthly budget for her could be as follows:
1. Rent/Mortgage: $1,000
2. Utilities (electricity, water, internet): $250
3. Groceries: $300
4. Transportation (car payment, insurance, gas): $800
5. Personal care (toiletries, haircuts): $100
6. Entertainment (movies, dining out): $150
7. Dog expenses (food, grooming, vet visits): $150
8. Savings: $250
Total expenses: $3,000
Ideally, Ann should consider revising her budget or finding ways to increase her income to cover her expenses.