Mike has a net spendable income of $1,400. he decides to set up a budget before looking for an apartment or a car. he sets up his budget and finds that he has lots of money left over. he puts the extra money into entertainment.
housing $420
food $168
transportation $210
insurances $42
debts $70
entertainment $224
clothing $70
savings $70
medical $56
miscellaneous $70
why might this budget be a problem?