Allyson’s Life Project Mr. Anderson Pd. 1

College: University of Dayton Major: Accounting Tuition: $30,340 per year ($15,170 per semester) Cost of living on campus: $3,110 per semester (double room) Meal Plan: $1,865 per semester Average monthly cost of books: $ Scholarship: I meet the credentials for a Dean’s Merit Scholarship which ranges from $36,000 to $55,000

Management Accountant What I will do: Budgeting, analyzing financial information, and preparing financial reports for creditors and tax authorities. Credentials: Internship experience Software/technology knowledge Certificate or advanced accounting degree Income: On average, $68, 260 per year Hours: Normal 40 hour work week, except near the end of the quarter/year *Some employers like you to have your master’s degree

City Choice: Houston, Texas Mortgage cost: $527 per month Property tax: $2, Average Utilities: $

Married Marriage license for Houston: $25 - $50 Engagement ring: $1,175

Kids Two kids Cost of kids: $602, 020 ($301, 010 per kid), from birth until 18 Per month for one kid: $1,

Expenses  Mortgage: $527  Property Tax: $  Cell Phone: $180 (with kids)  Utilities: $  Cable/Internet: $70  Car Payment: $650 (two cars)  Car Insurance: $250

Expenses Cont.  Gasoline: $300  Food: $450  Student Loans: $200  Car Maintenance: $200 ($100 per car)  Entertainment: $100 Total: $3, Monthly Income Necessary: $3, 600