managing my money

Hi Class!We have been learning and working with percents in equations and proportions. Here is your assignment for today:You have just graduated college and have found your dream job as a ________ (insert job here - i.e. teacher, writer, actor, pro football player, doctor, nurse, etc.)! Let's pretend you will be making around $1200 per month, depending on overtime, bonuses, etc. Now here is the deal - you need to make sure you manage your money wisely. Answer the following questions:
1) Your rent plus utilities (gas, water, internet, phone, etc.) is $540 a month! What percentage of your monthly income is this?2) You spend about 6% of your income per month on your cell phone bill! What amount is this?3) You usually spend around $200 per month on groceries. Find this percentage.4) You spend about $40 per week on gas filling your car's gas tank! What percentage of your monthly income is spent on gas?
5) You like to use the remaining money and split it - using 60% on entertainment (movies, shopping, etc.) and putting the other 40% in savings. About how much money is spent on entertainment and how much is put in savings?
This should be a post on your blog. When you finish, move onto Study Island. :)


My dream job would be a specialist in human mind and body interactions (psychology)
“The science that deals with mental processes and behavior.
The emotional and behavioral characteristics of an individual, group, or activity.
Subtle tactical action or argument used to manipulate or influence another:
The branch of metaphysics that studies the soul, the mind, and the relationship of life and mind to the functions of the body.”
My utilities are 45% of my average income.
My cell phone bill is $72 a month that is 6% of my income.
On my $200 groceries I use 17% of my money.
I use 13% of my money on gas each week.
I have $288 left in my pocket. On entertainment I spend $172.80 each month. I save $115.20 each month.