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Student AssignmentIn this assignment, you will create a budget and answer questions about how your budget hassuccessfully met short-term and long-term goals.Assignment InstructionsGather materials and necessary information.Ask your teacher which word-processing software you will be using.Keep your lesson and assignment open in case you need to review what you havelearned.Read and follow each set of instructions carefully.To create your budget, type an amount of money into each cell of the tables you have beengiven. Be sure to ask your teacher for help if you are not sure how to do this.Make sure you complete the questions on each page.Assignment: Revising a BudgetYou have just been promoted at your job, and now you have a net income of $2,190. Youwould like to use this income to meet new financial goals.•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•