Allison expects her monthly cash inflow after taxes to be $3,000. She also has the following monthly expenses:
Rent, $750;
student loan payment, $200;
utilities, $150;
food, $300;
recreation, $600;
car expenses, $200;
clothing, $150.
1. What is Allison's net cash flow for the current month?
Allison’s net cash flow for the current month is $650 because she spends $2,350 each month on the things she needs. So subtract $3,000 by $2,359 and you should get $650