Name: Andrew
Age: 18
Occupation: Apprentice Chef
Income: £95 a week
No dependents

• Andrew lives with his parents and contributes to bills.
• His parents gave him their old car.
• He borrowed £500 from them to cover insurance and tax. He pays them back £50 each month.
• Andrew uses a credit card when he needs extra cash.

Think carefully about Andrew’s situation.
Is he living within his means?