Fred receives $60 a month from his parents for an allowance based on the completion of his chores. He is trying to reserve enough money to visit his cousin, Joseph, in Vermont during winter break. Fred will be able to vacation with Joseph for free. His only expenses will be a
round-trip airplane ticket and spending money.
Fred currently has $75 saved, and winter break is only six months away. Fred created a budget he will show his parents in order to try to
persuade them to raise his allowance. He is hoping that if they see he has not squandered his entire allowance, they will concede and
accommodate him.
Fred's Budget
6
What is the purpose of the chart?
OA. to show Fred's parents that he is not wasteful
OB. to give Fred a guideline for spending his money
C. to help Fred save money for his vacation
OD. to prove to Fred's mom that he eats regularly