BUSINESS MATH
Teacher 1 Salary:$29,500(100%)
Rent/Mortgage P8,850 (30%)
Housing is a priority,so allocating a significant portion ensures a stable living environment
2. Groceries: P5,900 (20%)
Essential for daily living,this amount supports healthy eating without overspending
3. Transportation: P2,950 (10%)
This covers commutiny costs, whether public transportation or fuel for a vehicle
4. Utilities:P4,425 (15%)
Includes electricity,water,and internet,vital for everyday life and work
5. Savings: P2,950 (10%)
Building savings for emergencies or future goals is crucial for financial stability
6. Entertainment / Leisure: P1,475 (5%)
It's important to allocate some funds for relaxation and social activities to maintain balanced life.
7. Miscellaneous: P2,950 (10%)
This covers any unexpected or variable expenses that may arise each month
Total: P29,500 (100%)
This needs budget allocates funds responsibility. ensuring all essential needs are met while promoting savings and leisure