BUYING A CAR OTTW BY: SPENCER JENKINS AND ETHAN WOLCOTT.

Slides:



Advertisements
Similar presentations
Give me 3 or 4 sentences that describe what type of education and training is required for your job.
Advertisements

Budgeting.
Money Management Key Terms.
Earning Money  What is income and what are 3 possible sources?  Income is money that you have available to you to spend  3 sources: babysitting,
My Life Now. Occupation Where you work? What you make an hour? What is your Gross Income? What is your Net Income? Explain how you get paid; weekly, biweekly,
Budgeting II. What is a Budget? A plan for spending and saving money Most people think budgets are: –Rigid and inflexible –Painful – who wants to eat.
Managing Your Money Personal Finance. Disposable Income.
OB & GYN GABRIELLE KUECK. OB & GYN Nurse An OB& GYN Nurse is a nurse that helps deliver babies. They also help with the prenatal care up until the time.
6.01K HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN
Salary deductions. Review What is salary or wage? When do you get a salary or wage? What is ‘paid by the hour’? How do you figure out how much money you.
Budget Template Names. Occupations Job 1 Salary Any benefits? (Company car, free food, discounted air travel?) Job 2 Salary Benefits?
PHYSICAL THERAPIST TECHNICIAN Jennifer Daye. Two Cities ◦ Greensboro, NC ◦ Annual income: $48,154 ◦ Monthly income: $4,012 ◦ Jacksonville, FL ◦ Annual.
Financial Management Project Your name here. I work at: ______________________ I am a _____________________ at ________________________ and make $ _________.
Budgeting.
Schedule  An organized written plan to help reach your goals within a certain period of time.
Unit 4 Creating a Budget. Objective(s) What is a budget? Activity – Pair up with someone in the room and sit with them and prepare to begin the budgeting.
Consumer Econ Project. Steps of Project 1. Budget-1 2. Spending Spree-Move in items 3. Food items per week and general recipes 4. Short essay explaining.
Home buying Case Study By Arthur Espinoza.
My Future As I Know It Jennifer Smith 8 th Grade End of the Year Budgeting Project.
Budgeting Adult Living. What is a budget? A budget is a plan for spending and saving your money A budget includes: – Income- the amount of $ you earn.
Excel: Project 1 Personal Budget Computer Information Technology.
MANAGING YOUR MONEY Budgeting for the Real World 1.
Budg eting Introduction to Business & Technology.
Budgeting. What is a Budget? A plan for spending and saving money Most people think budgets are: –Rigid and inflexible –Painful – who wants to eat Top.
PSD: Managing Own Money Challenge 3. Level 2 – Challenge 3 You are about to look at 4 different situations. For each you need to consider/discuss with.
Excel: Project 1 Personal Budget Computer Information Technology.
Occupation- Teacher High School New York City Starting Salary: $42,000 a year plus health benefits, dental, and optical coverage Average monthly salary.
Home Buying Case Study By Anthony Salazar. Apartment 2 bedroom 1 bath $199 deposit 9-12 month lease option $ per month.
Family Budget BIM. Married or Single Occupations of both spouses Children Salary
By, Cody Lee. My Job  The career I have chosen is electrician. I have chosen this career because it is a good and fun job.
Created by: Mr. Bock. Salary I choose to base my salary from a career as a teacher that makes $51,250 annually This equates to $788/week or $3,152.00/month.
Excel: Project 1 Personal Budget Computer Information Technology.
Earning Potential Amount of money you can receive based on: Amount of money you can receive based on: Level of education Level of education Career path.
Marriage Counselor By:Shaquariya Tyson. Requirements The requirements are to help married people succeed in their marriage, help them choose the best.
CAREER BUDGET NAME 2014 – 2015 CAREER?. CAREER Career Qualifications: Entry Level Pay: Education Loan Payment: Location: Employer: Insert Career Image.
Average Costs.  Employers cost to pay for single coverage averages about $5800 per employee  That means for an employee who is paid 52 times per year,
DO NOW: Can you explain why a worker earns $1000 but receives a paycheck for less than $1000? What happens to the amount earned but not received by the.
My Future As I Know It Jennifer Smith 8 th Grade End of the Year Budgeting Project.
Budgeting How to manage your money. Guessing Game Question 1 How much a much do you think gas for one car costs each month?
Why create a budget?  A budget helps you understand where your money goes.  It helps you live within your means and meet your goals.  It helps you find.
Managing Your Money Chapter 23.
High School Math Teacher – Cobb County AND Part-time Tutor Annual Starting Salary - $42, Tutoring income $8,320 - Teaching income $34,427 Pre-Tax.
Financial Terms Important Terms for Life and for Spreadsheets.
Building: Knowledge, Security, Confidence Setting Financial Goals FDIC Money Smart for Young Adults.
USING THE BANK INDEPENDENT LIVING NOVEMBER 4, 2015.
Cosmetologist.  Because I love to do hair and I like to other people hair.
Earning an Income Review. A purposeful course of action or purpose in life that generally provides income.
Money Management Budget- balancing income with outgoings Family expenses: -Rent / Mortgage -Food -Household expenses – electricity, telephone, cleaning.
BY: SUVRAJ MINHAS Getting My Life Together!. My Life In 5 Years… I plan to be finished school and be working as an ECE, which is short for Early Childhood.
When I Grow Up! WebQuest for 6 th grade students Created by: Sandra Ball Northampton Community College.
My Budget and Balancing By James Shirey. Carpentry Carpentry position at Zaveta Custom Homes for interior and exterior construction located in Doylestown,
INDEPENDENT LIVING FINAL PROJECT. FUTURE CAREER I want to be a podiatrist (a foot doctor) -- According to the lowest 10% in this career earned.
CHAPTER 5 REVIEW GAME ARE YOU READY.
Making a Budget Independent Living October 27, 2015.
Get a life Abdul Haidara. Definition WordDefinition Income The consumption and savings opportunity gained by an entity within a specified timeframe, which.
Budgeting Ms. Palmer, LVPHS. Monthly Income (HS diploma) Let’s assume you get a job that pays $10/hour right out of high school. If you worked 40 hours.
My Budget Project Example. MY LIFE I am currently a Dental Hygienist I went to Phoenix College for their dental hygienist program and graduated – Student.
QSR Project by: Megan Hornberger. Medical Billing & Coding $34,970 Annual Salary for Florida.
Personal Finance Unit: Real World Project. (Description)  (Picture)
Standard 1 VOCABULARY.  Career – a purposeful course of action or purpose in life that generally provides income  Earned Income –money received for.
Making a Budget 7 th & 9 th Grade FACS. How much money do you spend each week?
Financial Planning. Budget A spending plan Set for a given period of time Prepared for a specific amount of money.
What is one thing you can do if your budget ends with a negative?
Job Title First Name Last Name.
My Budget Project Math of Finance Block:_____
Taahaa Naveed Dylan Pearson David Saavedra
My Budget Project Personal Finance Period:_____
Purchasing a Home VS Renting
More Budget Practice Financial Literacy.
Math 201 Student Loan Portfolio Project
Presentation transcript:

BUYING A CAR OTTW BY: SPENCER JENKINS AND ETHAN WOLCOTT

JOB Car Salesmen Annual gross salary: $120,000 Taxes: 25%, or $30,000 Net income: $90,000

LIVING SITUATION Shares an apartment with a roommate Rent: $800 monthly Internet bill: $100 monthly Electric Bill: $100 monthly

EXPENSES AND SAVINGS Necessity budget: food, clothing, $500 monthly Health insurance: $450 monthly Activity's: $200 monthly Annual Expenses: $35,400 Annual Money saved: $54,600 Monthly savings: $4,550

2016 F-150 White 2016 F-150 Super cab short bed 5.0L V8 w/ 6 speed automatic transmission 4 Wheel Drive and 3.73 Locking Rear Differential MSRP: $38,580 MSRP w/ sales tax: $39,544 Due at signing, including down payment and payment due at signing : $10,000 Monthly payment: $ a month for 48 months

PAYING FOR THE TRUCK We are going to pay out of pocket and put $10,000 down and $ monthly We have a 48 month loan with 4.5% interest rate Total loan amount is$29, with $ in sales tax After 48 months we have paid $32, with $2, in total interest Total cost including price, interest, tax, and fees: $42, After the truck was fully paid off we paid a total of $ more than the MSRP

SOURCES calculator.html?cloanamount=38580&cmonthlypay=380&cloanterm=48&cinterestrate=4.5&cdownpay ment=10000&ctradeinvalue=0&csaletax=2&ctitlereg=300&cttrinloan=1&printit=0&ctype=standard&x= 99&y=6 calculator.html?cloanamount=38580&cmonthlypay=380&cloanterm=48&cinterestrate=4.5&cdownpay ment=10000&ctradeinvalue=0&csaletax=2&ctitlereg=300&cttrinloan=1&printit=0&ctype=standard&x= 99&y=6