SOLVE MONEY PROBLEMS
6. Budgets Hiroko earns $ \$ 2,000 $ a month. Her monthly expenses are about $ \$ 1,850 $, leaving $ \$ 150 $ for savings. She now has $ \$ 1,000 $ in her emergency savings account and another $ \$ 300 $ in an account for a new computer. Hiroko has been offered a job that will pay her an extra $ \$ 200 $ a month, but she will need to buy a car to travel to the new job.

Analyze What financial factors should Hiroko consider as she decides whether to accept the job?

Answer

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Answer

Analyze the difference in savings and additional expenses for the car, such as loan repayments, insurance, and maintenance

Steps

Step 1 ：Calculate the current monthly savings: $ 2000 - 1850 = 150 $

Step 2 ：Calculate the new monthly savings with the job offer: $ 2000 + 200 - 1850 = 350 $

Step 3 ：Analyze the difference in savings and additional expenses for the car, such as loan repayments, insurance, and maintenance