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Jim earns $1,600 per month after taxes. He is working on his budget and has the first three categories finished.


Housing $576

Food $272

Transportation $320


Why will he have a problem with the rest of his budget?

Verified Answer :

Mikexoreo

He is budgeting too much for transportation.

He has used the highest recommended percentages to calculate the amounts for the three categories.

He is budgeting too much for housing.

He has used the lowest recommended percentages to calculate the amounts for the three categories. hope this helps :)

typicalronnie

B.

He has used the highest recommended percentages to calculate the amounts for the three categories.

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