1. Slide One Title of Project Student Names Period

2. Slide Two Explanation Of Task

3. Slide Three JOB Find a job with your current level of education(High School Grad) Find a job with your current level of education(High School Grad) Include description of job and your wages Include description of job and your wages Calculate your yearly salary, subtract New York State taxes Calculate your yearly salary, subtract New York State taxes Calculate monthly income Calculate monthly income Yearly salary x federal tax rate( 15 %)- yearly salary Yearly salary x federal tax rate( 15 %)- yearly salary  Ex. 25,000 x.15= 3,750 State income tax- Yearly salary x state tax(5.9%) –Yearly salary State income tax- Yearly salary x state tax(5.9%) –Yearly salary  Ex 25,000 x.059= 1,475 Add federal and state tax together and subtract from annual salary and divide by 12 to get monthly income. Add federal and state tax together and subtract from annual salary and divide by 12 to get monthly income.  Ex 3,750 + 1,475 = 5,225  25,000 – 5,225 = 19,775  19,775/12= 1,647 monthly income

4. Slide 4 HOUSING - Can’t live with parents - Find an apartment or house - Include Ret/Mortgage, Heat and utilities - Calculate final cost for all housing costs

5. Slide 5 Auto -Find an AFFORDABLE vehicle and calculate monthly payments from loan - Monthly Car insurance - Monthly for gas - Calculate total for auto

6. Slide 6 Baby - Costs of a baby- food, diapers, wipes, toys, clothes, daycare. - Add total up of baby costs

7. Slide 7 Miscellaneous -Food for yourself, entertainment, Health Insurance, cell phone, cable, internet, etc.

8. Slide 8 Total Cost vs. Income Add up costs from everything and compare to your income -housing Monthly Income = $2,000 -Auto-babyMisc.+__________

9. Slide 9 Conclusion/Self Reflection Answer the following questions -Will I be able to support my child and myself? -Will I be able to provide for a happy, loving, and caring environment for my child? -Am I prepared to make drastic changes in my life? -Am I ready, capable, and responsible enough to bring a child into this world? -When is the right time to raise a child?