![]() Joetta Hernandez is a single parent with two children and earnsĪ year. Remember to start by entering your income and be sure the MONTH 1 BUDGET balances. If you no longer have the previous values, create new ones. Remember, the Unit 2 Touchstone was an annual basis while this Touchstone is a monthly basis. Important: Before you do, be sure to divide each dollar amount by 12. STEP 1: Enter the previous values you obtained from Unit 2 Touchstone into the MONTH 1 BUDGET. The changes are represented by embedded formulas in the MONTHLY BUDGET tables above, located inside the shaded cells. You will need to reallocate your monthly budget based on these changes. However, health care and miscellaneous costs have also gone up. The good news is that your income has increased because of your strong performance at work. SCENARIO: Your monthly budget is going through some changes over the next three months. ![]() I need assistance with calculating the percentage for the monthly budget, please.
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