Expense categories a. Housing 25-35% b. Insurance (including health, medical, auto, and life): 10-20% C. Food:...
Expense categories a. Housing 25-35% b. Insurance (including health, medical, auto, and life): 10-20% C. Food: 10-15% d. Transportation: 10-15% e. Utilities: 5-10% f. Savings: 10-15% g. Fun (entertainment and recreation): 5-10% h. Clothing: 5% i. Personal: 5-10% j. Debt repayment: 10-15% (a) For each item, complete the table by indicating which expense category you would place the item into. Every item has to go into one of the categories above. Expense Category Johnny's Auto Insurance Baltimore Gas & Electric Car Payment Clothing Comcast Eating (groceries & dining out) Gas Household Miscellaneous Rent Renter's insurance Retirement Student loan T-Mobile Spending 100.00 150.00 300.00 50.00 125.00 542.00 76.00 50.00 44.00 1,200.00 17.00 292.00 180.00 75.00