Math for Work & Everyday Life (MEL4E) · Personal Finance

Balance a monthly budget

Total a list of monthly expenses and find how much of a net income is left over (or overspent). Unlimited questions, five difficulty levels, and a full worked solution every time — free.

Practice this skill Curriculum: MEL4E-BD1

Try one

Sofia brings home $1285.00 this month after taxes. This month's budget is: transit pass $109.00, entertainment $116.00, phone bill $58.00. How much money is left over after covering all these expenses? (If Sofia spent more than Sofia earned, give the amount as a negative number.)

transit pass: $109.00
entertainment: $116.00
phone bill: $58.00

Answer: $1002.00

See one solved, step by step

Tyler brings home $1751.00 this month after taxes. This month's budget is: entertainment $89.00, rent $1320.00, phone bill $60.00, internet $77.00. How much money is left over after covering all these expenses? (If Tyler spent more than Tyler earned, give the amount as a negative number.)

entertainment: $89.00
rent: $1320.00
phone bill: $60.00
internet: $77.00
📘 Worked solution
1Total expenses: $89.00 + $1320.00 + $60.00 + $77.00 = $1546.00Add every category together to get total spending.
2$1751.00 - $1546.00 = $205.00Subtract total expenses from income — what's left (or missing) is the answer.

Ready to master it?

Jump into unlimited practice — your Winny Score tracks you to 100. And if it won't click, a real tutor will make it click: first lesson free.

Start practicing