Documente Academic
Documente Profesional
Documente Cultură
By:Shronda Blossomgame
Job
Job: Vocational education teacher middle school Annual Salary: $50,000 Taxes Paid a year:$6095.00 Taxable income:40,250.00 www.theworkbuzz.com www.efiletax.com
Housing
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Rent Amount water included:$1000.00 per month Address: 15000 Parkview Ln Alpharetta, GA 30022 Total Spent Annually: $12,000.00 www.AlaraParkbridge.com
Transportation
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Original Price: $16,997.00 Price with 3.99% interest: $17105.52 Down Payment: $3,400 Monthly Payments: $237.57 for 72 months Total Spent Annually: $2,850.84 Total Spent this year with down payment included: $6,250.84 www.carmax.com
Car Insurance
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Name of Insurance company:Geico Insurance Price per month:$321.65 Covers Bodily Injury Liability: $613.00 Premium Property Damage: $556.30 Premium Comprehension Comp: (Pays for damage to vehicle not caused by collisions) Premium $133.70 Annual Cost of Insurance: $1604.40 www.Geico.com
Variable interest Range: 3.17%-9.37% Number of Monthly Payments: 120 Simple interest rate: 3.17% Principle amount of loan:$20,000 Monthly Payments:$194.69 Total Interest Cost: $3363.38 Minimum Annual Salary to handle payments: $29.204.00 Total Spent Annually on car insurance: $2336.28
www.studentaid.ed.gov/repay-loans
Food Based on this info from the USDA between $150-$300 a month for a average adult. One thin to note. This assumes that all meals will be eaten at home except for one exception to eat out a month Average price of food per month: $225.00 Average price of food per year:$ 2,700.00
Entertainment
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According to the Consumer Expenditure Survey, entertainment spending also varied according to age. On the low end people 25 and younger had entertainment budgets that averaged $1,221.00 a year. Total Spent Annually: $1,221.00 www.budgeting.thenest.com/survey
Credit Card
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Amount owed: $14569.00 Interest Rate: 1.99% annually Time taken to pay off: 72 months Monthly Payments: $214.84 Annual total for credit card spending: $2578.08 http://www.bankrate.com
Savings Account
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Initial Amount: $10,000.00 Interest Rate: 0.8% for any starting balance Final Amount after 5 years: $10,406.45
Budget Table
Taxes Car Housing Insurance Loan Phone bill Gas Food Entertainment Credit Card $6095.00 $2,850 $12,000 $1604.40 $2336.28 $600.00 $2946.24 $2700.00 $1221.00 $2578.08
Ending balance
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Spent Annually: 34,931.00 l Spent on savings account:10,000 l Total Spent Monthly:$2910.98 l Total income after tax income per year: $40250.00