1. Section 1

1.39. Explore 2

Mathematics 20-3 Module 1

Section 1: Personal Budgets

 

Self-Check

 

This photo is of a female firefighter.

Creatas/Thinkstock

Jasmine is a firefighter in Yellowknife, Northwest Territories. Her net pay is $4500 a month. She currently rents an apartment for $1150 a month. She has been saving to purchase a new home. If she buys a home, Jasmine estimates that her housing costs would likely be 35% of her take-home pay.

 

Use Jasmine’s Original Budget to see the current budget. Then modify Jasmine’s budget by entering appropriate dollar values to reflect this purchase. Justify your changes. Rename the budget. You must follow the expense guidelines given in this lesson.

 

This is a spreadsheet of Jasmine's budget.


Answers will vary. A sample answer is given.


glossary

It is now time to add new math terms to Mathematics 20-3: Glossary Terms.

 

In this lesson the new term you will add is

  • spending guidelines