To estimate the amount of money Gerald will have after paying his bills each month, we'll subtract the total expenses from his monthly income.

Step 1: Calculate Total Monthly Expenses

$\text{Phone/Internet/Cable: } \$197$ $\text{Electric Bill: } \$279$ $\text{Health Insurance Premium: } \$220$ $\text{Total Expenses} = 197 + 279 + 220 = \$696$

Step 2: Subtract Total Expenses from Monthly Income

$\text{Monthly Income: } \$2600$ $\text{Amount Remaining} = 2600 - 696 = \$1904$

Final Answer

Gerald will have approximately $1904 remaining after paying these bills each month.

Would you like more details or have any questions? Here are some related questions to consider:

1. How would an increase in one of these expenses affect his remaining budget?
2. What percentage of his monthly income is spent on these bills?
3. How could Gerald adjust his budget to save more money each month?
4. What other expenses should Gerald consider in his budget?
5. How can Gerald create a savings plan with the remaining amount?

Tip: When creating a budget, always consider setting aside a portion of your remaining income for savings and unexpected expenses.