For his yearly vacation, Golton plans to spend \( \$ 350 \) on train tickets, \( \$ 200 \) on food, \( \$ 150 \) on accommodations, and \( \$ 50 \) on miscellaneous expenses. How much should Colton budget monthly for this vacation? O \( \$ 48.33 \) O \( \$ 58.33 \) \( \$ 62.50 \) \( \$ 70.00 \)
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Bonus Knowledge
To find out how much Colton should budget monthly for his vacation, we first need to calculate the total expenses. Total expenses = \( \$ 350 \) (train tickets) + \( \$ 200 \) (food) + \( \$ 150 \) (accommodations) + \( \$ 50 \) (miscellaneous) = \( \$ 750 \). Next, we divide the total expenses by the number of months until his vacation. Assuming he’s planning this vacation in a year, that would be 12 months: \( \$ 750 \div 12 \approx \$ 62.50 \). So, he should budget \( \$ 62.50 \) monthly for this vacation! Colton might want to remember that budgeting can be more than just calculating numbers; it’s about setting aside a little bit each month to avoid last-minute stress! Think of it as saving for a fun goal, like a treasure hunt where each month brings him closer to that vacation! Also, as he’s budgeting, it's a great idea to keep a little cushion for unexpected costs—after all, while adventure awaits, sometimes the hiccups do too!
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