Revising a Budget

You have just been promoted at your job, and now you have a net income of $2,190. You would like to use this income to meet new financial goals.

1. Create a budget that will allow you to save at least $100 by the end of October. (10 points)
   Remember, your old budget reflected a net income of $1850.00 and included these expenses:
   • $600 for your rent
   • $475 for your car payment, car insurance, and gas
   • $230 for your utilities, phone, and Internet
   • $300 for your groceries
   • $50 for your entertainment
   • $20 for your renters insurance
   • $75 for discretionary spending
   • A final net total of $100 saved per month
   Your new budget needs to include these changes:
   • A new line to budget $50 per month toward a new computer
   • Other expenses may be modified as you choose.
   • A final net total of at least $300 saved per month
   Scroll to the next page to edit your budget with these changes in mind.