Answer is It is not possible to save any money this month without having a negative actual net income(option A)
In the actual budget, Income = 675
Expenses = 300+100+200+75 = 675
Income equals Expenses and there is no scope for savings.
Since there can not be a negative actual net income we cannot save any money this month.
A personal budget, or household budget, simply tracks a household’s money in versus money out. Though a budget will be wont to help a personal or family spend less and save more, it is, at its most elementary, a planning and tracking tool.
Budgeting is all about being intentional with the ways you spend money, and planning ahead to assist make sure you don’t run into any inconvenient – or, potentially, financially ruinous – surprises before you receive your next paycheck. This planning ahead also means you'll economize for future goals and determine exactly how long it'll take you to achieve them.
A budget also helps you be more confident in cash on the items you would like, but don’t necessarily need. rather than feeling guilty or worrying that the value of something will have you ever eating ramen for the remainder of the month, you’ll know exactly what proportion you'll spend without having to require far from other, more vital areas.
Your question is incomplete, kindly find the full content below:
Predict how much money can be saved without having a negative actual net income.
Wages-
Budgeted Amount- $1025
Actual Amount- $675
Rent-
Budgeted Amount- $300
Actual Amount- $300
Utilities-
Budgeted Amount- $100
Actual Amount- $100
Food-
Budgeted Amount- $175
Actual Amount- $200
Cell Phone-
Budgeted Amount- $75
Actual Amount- $75
Savings-
Budgeted Amount- $300
Actual Amount- ________
Net Income-
Budgeted Amount- $75
Actual Amount- ________
Learn more about personal budgeting here
https://brainly.com/question/25283437
#SPJ4
