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In Technology and Home Economics / Senior High School | 2024-10-17

Besana's family (with 4 family members) Combined net family income #70.000,00 a month Break down Expenses Expenses (70%) Savings (20%) Emergency fund (10%) Expenses food- missillaneous Expenses Education- Electric Bill Water bill- Internet Bill​

Asked by manuellouie22

Answer (1)

Answer:Here’s a breakdown of Besana's family's monthly budget based on a combined net income of 70,000:### Monthly Income- **Total Income:** 70,000### Budget Breakdown1. **Total Expenses (70%):** - **Amount:** 49,0002. **Savings (20%):** - **Amount:** 14,0003. **Emergency Fund (10%):** - **Amount:** 7,000### Detailed Expenses (Total: 49,000)1. **Food:** - Amount: 20,0002. **Education:** - Amount: 10,0003. **Electric Bill:** - Amount: 5,0004. **Water Bill:** - Amount: 2,0005. **Internet Bill:** - Amount: 2,0006. **Miscellaneous Expenses:** - Amount: 10,000### Summary- **Total Income:** 70,000- **Total Expenses:** 49,000 - Food: 20,000 - Education: 10,000 - Electric Bill: 5,000 - Water Bill: 2,000 - Internet Bill: 2,000 - Miscellaneous: 10,000- **Savings:** 14,000- **Emergency Fund:** 7,000This structure allows the family to cover their essential expenses while saving and setting aside money for emergencies.

Answered by cedrixkeng | 2024-10-25