Checks and Balances

What to do: Pick a career Pick a type of housing Pick a car Keep a record of all expenses and income (sheet provided) Experience every day life essentials Experience every day life incidentals

Careers Teacher for Baldwin County Accounting Paralegal Lawyer Austal Shipyard Nursing Police EMT Fire Fighter YMCA staff Dietician/Nutritionist Waiter/Waitress Fast Food Banker Physician Dentist Social Worker Sales House Cleaner Minister Pharmacist Administrative Assistant Contractor Chemical Engineer Builder

1 st year Teacher 39, per year $ per month before taxes $220 for taxes, social security, insurance

Accountant $40,000 per year $3, per month before taxes $250 for taxes, social security, insurance

Paralegal $41,000 per year $3, per month before taxes $270 for taxes, social security, insurance

Lawyer $56, per year $4, per month before taxes $330 for taxes, social security, insurance

Austal Shipyard $20.00 per hour before taxes $112 for taxes, social security, insurance

Nursing $50, per year $4, per month before taxes $300 for taxes, social security, insurance

Police $43, per year $3, per month before taxes $290 for taxes, social security, insurance

EMT $27, per year $2, per month before taxes $175 for taxes, social security, insurance

Fire Fighter $35, per year $2, per month before taxes $210 for taxes, social security, insurance

YMCA staff $6.50 per hour $112 for taxes, social security, insurance

Dietician/Nutritionist $42, per year $3, per month before taxes $280 for taxes, social security, insurance

Waiter/Waitress $5.85 per hour before taxes $90.00 for taxes, social security, insurance

Fast Food $5.85 per hour before taxes $90.00 for taxes, social security, insurance

Banker $33, per year $2, per month before taxes $ for taxes, social security, insurance

Physician $66, per year $5, per month before taxes $ for taxes, social security, insurance

Dentist $46, per year $3, per month before taxes $ for taxes, social security, insurance

Social Worker $26, per year $2, per month before taxes $ for taxes, social security, insurance

Sales $40, per year $3, per month before taxes $250 for taxes, social security, insurance

House Cleaner $60.00 per hour $90.00 taxes, social security, insurance

Minister $35, per year $2, per month before taxes $210 for taxes, social security, insurance

Pharmacist $10.00 per hour $90.00 for taxes, social security, insurance

Administrative Assistant $13.00 per hour $90 for taxes, social security, insurance

Contractor $60, per year $5, per month before taxes $ for taxes, social security, insurance

Chemical Engineer $70, per year $5, per month before taxes $ for taxes, social security, insurance

Builder $50.00 per hour $ for taxes, social security, insurance

Housing Purchase a house Rent an apartment

Purchase 1 bedroom home 2 bedroom home 3 bedroom home

1 bedroom house Principal $ Interest $ Principal Mortgage Insurance $ Total $1,090.00

2 bedroom house Principal $1, Interest $ Principal Mortgage Insurance $ Total $1,410.00

3 bedroom house Principal $1, Interest $ Principal Mortgage Insurance $ Total $1,700.00

Rent 1 bedroom apartment 2 bedroom apartment 3 bedroom apartment

1 bedroom apartment 1 bedroom, 1 bath $ bedroom, 1 bath, with garden room $ Security deposit: $ (one time fee) Application fee: $40.00 (one time fee) Pet fee: $ (one time fee) Pet rate: $10.00 per month

2 bedroom apartment 2 bedroom, 1 bath $ bedroom, 1 bath, with garden room $ bedroom, 2 bath $ Security deposit: $ (one time fee) Application fee: $40.00 (one time fee) Pet fee: $ (one time fee) Pet rate: $10.00 per month

3 bedroom apartment 3 bedroom, 2 bath $875 Security deposit: $ (one time fee) Application fee: $40.00 (one time fee) Pet fee: $ (one time fee) Pet rate: $10.00 per month

Cars

Every Day Life Essentials Week 1 Week 2 Week 3 Week 4

Week 1 Monday Tuesday Wednesday Thursday Friday

Week 2 Monday Tuesday Wednesday Thursday Friday

Week 3 Monday Tuesday Wednesday Thursday Friday

Week 4 Monday Tuesday Wednesday Thursday Friday

Monday Rent/Mortgage $??? (you choose this) Car Payment $330.00

Monday Today you realize that you don’t have any food in the refrigerator. So, you decide to join a few friends out for dinner. After dinner, you buy groceries for the house.out for dinnergroceries Remember to click on the Monday tab to return and finish your day!

Tuesday Cell Phone $130.00

Tuesday Today was just a normal day. You just go home and relax!

Wednesday Nothing

Wednesday Today is hump day! Yeah, the week is almost over!!! Thank goodness nothing happens today!!!

Thursday Cable $65.00

Thursday Oh my goodness! You must have run over some nails when you drove past the work site because you now have 2 flat tires! Thank goodness you know a friend that owns a tow truck. You don’t have to pay for the tow, but you have to buy 2 new tires. UGH! When will this week end???2 new tires

Friday Home Phone $35.00 Car Insurance $115.00

Friday What a long week! Your boss surprises everyone by giving a cash bonus just because! Oh yeah, let’s go shopping! On the quick shopping spree, friends call to join them for dinner. Of course you go!!! It’s the weekend, why not!?!?cash bonus dinner Remember to click on the Friday tab to return and finish your day!

Monday Nothing

Monday Your vet sends a card in the mail to remind you of your pet’s shots! You call to make an appointment for Wednesday.

Tuesday Water $20.00

Tuesday Your toilet is having issues and you desperately need a plumber! Unfortunately, it is after hours and you know that means extra money out of your pocket. UGH!plumber

Wednesday Nothing

Wednesday You take your pet to the vet for shots.vet

Thursday Nothing

Thursday Today is just a normal day. You go home and rest!

Friday Nothing

Friday You are driving to work and see that you are due for an oil change. You drop off your car and have a co-worker take you in to work. While working, you get a phone call saying that a belt in the car is breaking and it needs to be replaced. You car was worked on for a total of 4.5 hours.car

Monday Credit Card Balance Due: $1, Minimum Due: $37.00

Monday It is your boyfriend’s or girlfriend’s birthday and you decide to take them out to dinner.dinner

Tuesday Nothing

Tuesday You go home after work and cook a simple meal. You had a big night last night celebrating!

Wednesday Nothing

Wednesday You look down as you drive to work and see the gas light is on. How long has it been on? You better stop and get gas. You know your car takes 13 gallons of gas, so you fill it up.gas

Thursday Nothing

Thursday You get invited to a party this Friday night and you want a new outfit. Of course, you must go shopping! While shopping you look in the mirror and notice you need a haircut to make your outfit so much better. So, you head off after shopping to the local hair cuttery.shoppinghair cuttery

Friday Home insurance $ Renters insurance $170.00

Friday On the way to the party you stop by the ATM for some extra cash, that is if you have any left! ATM

Monday Nothing

Monday You hate Monday’s! Go home and curl up in bed and watch TV until you fall asleep.

Tuesday Nothing

Tuesday It’s your birthday and you get checks from your family! YIPPEE!!!! Jack pot! Go deposit that money into your checking account quickly!checks

Wednesday Electrical $150.00

Wednesday You have the sniffles so you go to your doctor. He gives you a prescription to fill. Then when you get home, there is a message reminding you of your dentist appointment tomorrow at 3:30. WHAT??? The dentist is the worst! doctorprescription

Thursday Nothing

Thursday You leave for the dentist at 3:00. The only thing that gets you through this horrible experience that is about to happen is your trip tomorrow!!!!!dentist

Friday Nothing

Friday You decide to go with some friends to New Orleans. Everyone volunteers you as the driver, so you need gas. Plus you need spending money, so you stop by the ATM. You look for a place to stay for Friday and Saturday night.gasATMplace to stay Check ledger

Groceries Monday

Clothing American Eagle Hollister Co. Target Thursday

Dining Monday (week 1) Friday (week 1) Monday (week 3)

Car items Oil Change$ tax ($21.73) Car Parts$ tax ($10.87) New Tires$60.00/tire+ tax ($65.22) Tire rotation Tire balance$ tax ($54.35) Labor$10.50 per hour (must be added on for all services) Thursday (week 1)Friday (week 2)

Bonus It’s your lucky day! The boss gives you $ as a cash bonus because he is in a good mood!!!! Friday

Veternarian Your vet says your pet needs 3 shots which will cost $15.00 each. So, you owe $45.00 and tax is 7.5% ($3.37). Wednesday

Plumber Service charge of $30.00 After hour rate is $37.50 per hour. Plumber is there for one and a half hours. Tax is $4.21 Tuesday

Gasoline Gas is $2.80 per gallon. You need 13 gallons. Wednesday (week 3)Friday (week 4)

ATM If you have any money in your check ledger, you get $25.00 from your account. If you see there is very little to no money, you shake your head and walk away. Friday( week 3)Friday( week 4)

Hotel Rooms Friday (week 4)

Birthday Cash Parents: $ Brother or Sister: $25.00 Grandparents on mom’s side: $50.00 Grandparents on dad’s side: $ Godparents: $ Tuesday (week 4)

Doctor Regular doctor visit: $20.00 co-pay Dentist visit: $20.00 co-pay Prescriptions: $5.00 (because of insurance) Doctor Prescription Dentist

Hair cut Just a haircut is $15.00 A cut and for them to dry it is $20.00 A wash, cut, and dry is $35.00 Thursday (week 3)

Isn’t life full of surprises?