SOLUTION: If my total monthly income is $6,000 and my total monthly expenses are $389.14, what percentage of income do I have left for food, clothing, rent or mortgage?

Question 158164: If my total monthly income is $6,000 and my total monthly expenses are $389.14, what percentage of income do I have left for food, clothing, rent or mortgage?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Percentage of Monthly Expenses:

So your monthly expenses of $389.14 are 6.49% of $6,000

Now subtract 6.49% from 100% to get the percentage you have left for food, clothing, rent or mortgage

So you have 93.51% left for food, clothing, rent or mortgage.
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