To determine how much Mr. Thom can allocate to his emergency savings accounts each week, we need to follow these steps:
1. Calculate the total amount allocated to various accounts:
- Essential (Fixed): \[tex]$219
- Essential (Variable): \$[/tex]115
- Non-essential: \[tex]$40
- Other (Unexpected): \$[/tex]20
- Other (Predictable - Education fund): \[tex]$10
- Other (Predictable - Retirement fund): \$[/tex]40
- Other (Predictable - Emergency savings): \[tex]$15
Adding up these amounts, we get:
\[
219 + 115 + 40 + 20 + 10 + 40 + 15 = 459
\]
So, Mr. Thom has allocated \$[/tex]459 from his \[tex]$498 paycheck.
2. Determine the remaining amount from the paycheck:
Subtract the total allocated amount from the total paycheck:
\[
498 - 459 = 39
\]
Thus, there are \$[/tex]39 remaining unallocated funds from the paycheck.
3. Add the remaining unallocated funds to the existing emergency savings deposits:
The existing deposits to the emergency savings accounts include:
- Other (Unexpected): \[tex]$20
- Other (Predictable - Emergency savings): \$[/tex]15
Adding the remaining amount (\[tex]$39) to these emergency savings deposits:
\[
20 + 15 + 39 = 74
\]
So, Mr. Thom can put a total of \$[/tex]74 per week towards his emergency savings accounts.
