2. You are putting together your first post graduation budget. Your take home or net pay will be $1,500 per month. You estimate your monthly costs to be rent of $600, car payment of $150,
car insurance of $75, car maintenance of $25, entertainment of $300, food expense of $250,
cable bill of $35, mobile phone of $100 and other expense of $300. How would you describe
your budget after analyzing all of your income and expenses?