Creating and following a budget helps individuals manage their money

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.

In blank 2, indicate whether Jessie is living within her means or overspending

In blank 3, justify why Jessie is living within her means or overspending.

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