Hi, I'm playing The Real Game in CALM (Career And Life Management), and I have to do a budgeting assignment. I haven't done budgeting before and I know nothing about paying bills so it would be nice to get some advice from anyone who is willing to help
So, my gross monthly income is $5 000.00 and $4 000.00 after deductions + Partner monthly income = $4 400.00 which is my net monthly income.
Around how much does a person spend on shelter with this income for a family of three (husband is still attending university and doesn't work, 3 year old son)
Shelter~ Rent or Mortgage, Utilities (heat, light, telephone), Maintenance (repairs)