Creating and following a budget helps individuals manage their money and prevents overspending. Please put the following information in the blanks below. In blank 1, create a budget for Jessie Robinson, whose information is below. (2 points) In blank 2, indicate whether Jessie is living within her means or overspending (1 points) In blank 3, justify why Jessie is living within her means or overspending. (2 points) Jessie Robinson: Age: 25 Marital status: single with no children Monthly rent: $400 Monthly income: $800 Monthly food bill: $200 Monthly gas expense: $100 Monthly car Insurance: $50 Monthly cell phone bill: $100

Respuesta :

Answer:  overspending $50 per month

Step-by-step explanation:

Income (Money In):           Expenses (Money out):

              $800                   Rent = $400

                                          Food = $200

                                          Gas   = $100

                                  Insurance = $ 50

                                      Phone = $100  

TOTAL = $800             TOTAL = $850

Jessie has more money out than money in so she is overspending

by $850 - $800 =  $ 50