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.

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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

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