Remember, your net income is $1,850 each month. According to your current budget, how much money do you have left for savings and discretionary spending each month? If you wanted to include a savings category of $100 per month, how much would you have left for discretionary spending?

Money left for savings and discretionary spending each month is $550 and money left for discretionary spending including savings category of $100/month is $450.

What is discretionary?

The discretionary is the decision for the investment made by the manager.

The table given for the problem is,

Monthly Expenses Amount Budgeted($)
Rent, 600
Utilities phone and internet, 230
Groceries, 350
Entertainment, 100
Renters insurance, 20
Total expenditures. 1300

The net income is $1,850 each month. According to current budget, the money left for savings and discretionary spending each month is,

[tex]A=1850-1300\\A=550[/tex]

Including a savings category of $100 per month, the money left for discretionary spending is,

[tex]A=550-100\\A=450[/tex]

The money left for savings and discretionary spending each month is $550 and the money left for discretionary spending including savings category of $100/month is $450.

Learn more about the discretionary here;

https://brainly.com/question/27232573