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My Life Career Military College Transportation Housing Expenses Loans Rent Mortgage Income Occupation Fixed Flexible Interest Pay Salary.

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Presentation on theme: "My Life Career Military College Transportation Housing Expenses Loans Rent Mortgage Income Occupation Fixed Flexible Interest Pay Salary."— Presentation transcript:

1 My Life Career Military College Transportation Housing Expenses Loans Rent Mortgage Income Occupation Fixed Flexible Interest Pay Salary

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3 College Major - Physical education Minor - Health Located in Forest Grove, Oregon Four year degree Tuition is $38,000.00 per year 38,000.00 x 4 = 152,000.00 152,000.00 / 120 = 1266.66 Total owed for student loans after college is $1266.66 per month.

4 Military Air Force Airman First Class E-3 Combat Control Pay - $2101.00 a month

5 Occupation Fire Fighter They will carry and operate water hoses, climb ladders, go into burning buildings and use special procedures to extinguish fires. Pass a physical and written test to get into academy. Graduate from Hawaii Fire Academy. Monthly Salary - $3191.00 - $783 (taxes) = $2407 Total income per month.

6 Occupation Physical Education Teacher Physical education teachers help children develop physical abilities and healthy habits that can last for the rest of their lives. Degree in Education Complete Student teaching and pass the PRAXIS test. Monthly Salary- $4553.80 Taxes - $932.80 Monthly pay after taxes - $3261.00

7 Housing Single Family Home Purchase - $389,000.00 Borrowed -$350,000.00 + $35000 (interest) = $385000.00 $385000.00 total divide by 30( $12833.33) divide by 12 = $1069.44 is my monthly payment

8 Transportation Scion iQ $16250.00 $16000.00 borrowed from bank. + $800 (5% interest) = $16800.00 Total Divide by 72 (6 years) = $233.00 per month

9 Budget Fixed Expenses Student loans $1266.66 Housing $1069.44 Car $233.00 Cable $69.99 Wi-fi $49.99 Cell phone $45.00 Flexible Expenses Electric Bill$100.00 Water Bill$150.00 Groceries$250.00 Entertainment $50.00 Household$150.00 Other - shoes$100.00 Total expenses - $3534.98 Monthly Income - $3621.00 Income - budget = $86.92


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