Question Description
Assignment Directions:
a. Develop a budget for the fictitious Brown family.
b. Create a chart of the family budget.
Include the following:
- yearly gross and net income
- banking, housing, transportation, savings, insurance, transportation, and leisure activities
- additional expenses you identify as ordinary and necessary that are not listed in the narrative
- identify fixed and variable expenses
- cited resources to just additional ordinary and necessary expenses you identified
You have the following information:
- Mr. Brown is a city worker earning $16.54 per hour for a 40 hour week, 52 weeks per year. He also earns overtime at the standard overtime rate. This year he worked 500 hours overtime. He
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