Student budget 1 marcus works at the lumber yard and

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Student Budget #1:Marcus works at the lumber yard and makes $11.50 an hour. With his academicand sports schedule, he is able to work 20 hours a week. Marcus lives at home, sohe has very few bills, one of which is a cell phone that costs $85 a month. He isresponsible for car insurance, which is $1,100 a year, and he has to pay for gas,maintenance and repairs ($150 a month). His parents also provide him with mealsat home, but he likes to eat out with his friends at least two times a week ($8 eachmeal). He has health insurance under his parent’s plan. Later this year, he want tobuy a 50-inch flat screen television for $2,000, so he has been saving $167 everymonth.Student Budget #2:
Cassie works at the grocery store and earns $12 an hour. She is busy withextracurricular activities and works 20hours during the week. However, she picks up an eight-hour Sunday shift fourtimes a month, for which she earns time and a half. Cassie lives with oneroommate and they split rent, which is $900. They also divide their utilities inhalf, and Cassie pays $150. Fortunately, she has health insurance under her mom’splan. However, she is expected to pay $130 for her own car repairs, maintenanceand gas, as well as auto insurance, which is $840 a year. She also spends $40 aweek for groceries and $15 for eating out each week. Cassie also puts 10% of hertake home pay in her savings account and gives 10% of her take home pay to thelocal food pantry.
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Grocery store, Cassie

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