TABLE 1: RAYMOND'S MONTHLY BUDGET
Income
Item
Amount (Rand)
Scholarship
R 1 250
Allowance
Family Allowance
Expenditure
Amount (Rand)
Item
Airtime
R 200
R 1 400
R450
R 300
Data
Entertainment
Snacks
Living
Expenses
Travel
TOTAL
R 500
R 600
R 2 400
TOTAL
A
(2)
1.1
Explain the importance of a monthly budget
1.2
Determine the value of:
1.2.1 A
(2)
(3)
1.2.2 B
1.3
Determine the amount Raymond spends on:
(2)
(2
1.3.1 travel per week
1.3.2 airtime and data
(2​