Trying to prepare a budget, Gerald has done research and found that he spends an average of $197$⁢197 on his phone/internet/cable service, $279$⁢279 on his electric bill, and $220$⁢220 on his health insurance premium. If he earns $2600$⁢2600 per month, estimate the amount of money he will have after paying these bills each month.

Answer

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.

Learn how to calculate the amount of money Gerald will have remaining after paying his phone/internet/cable service, electric bill, and health insurance premium. This problem involves basic arithmetic subtraction and budgeting concepts. Suitable for elementary school students (Grades 4-6).

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