Personal finance project Darian Davidson & Vanessa Young

Careers Vanessa Darian Career: Google HR Analyst Annual Salary: $75,000.00 Annual Federal Taxes: $20,668.75 Total Annual Income: $54,331.25 Total Monthly Income: $4,527.60 Career: GM Innovations Business Analyst Annual Salary: $78,000.00 Annual Federal Taxes: $21,648.25 Total Annual Income: $56,351.75 Total Monthly Income: $4,695.98 Total Household Income Annual: $110,683.00 Monthly: $9,223.58

Vehicle information Vanessa Darian Year, Make, and Model: 2013 Chevy Cruze Number of Miles on Car: 51,567 Cost of Vehicle: $14,000.00 Dealership: Covert Hutto Loaning Bank: Paid Cash Interest Rate of Loan: n/a Length of Loan: n/a Monthly Loan Payment: n/a Year, Make, and Model: 2013 Kia Optima Number of Miles on Car: 30,000 Cost of Vehicle: $17,000.00 Dealership: Covert Hutto Loaning Bank: Paid Cash Interest Rate of Loan: n/a Length of Loan: n/a Monthly Loan Payment: n/a

Renting Information Address: 12100 Metric Blvd City: Austin State: TX Zip: 78758 Rental Agency: Venterra Reality (Chez Moi Apartments) Monthly Rent: $1,194.00 Utilities Included: none Utilities Price: $230.00 Total Monthly Apartment Cost: $1,424.00

Average Monthly Budget Monthly Income: $9,223.58 Interest: $17.54 Rent: $1,262.00 Utilities: $230.00 Cell Phone: $100.00 Groceries: $600.00 Student Loans: $917.54 Auto Insurance: $500.00 Health Insurance: $398.00 Home Insurance: $30.00 Life Insurance: $260.00 Savings: $1,800.00 Cats: $50.00 Dining Out: $100.00 Entertainment: $40.00 Home Improvement: $50.00 Shopping: $300.00 Donations: $65.00 Medical: $0.0o Auto Expenses: $140.00 Kids Toys: $70.00 Total Monthly Debits: $ 5,132.54 Total Monthly Credits: $9,241.12 ($94,121.12)

( for twins before divorce ) Baby Expenses Average Monthly Cost One Time Cost Groceries $200.00 Eating Out $0.00 Clothes $150.00 Babysitting $0.00 Toys $50.00 Home Improvement $20.00 Health Insurance $199.00 Life Insurance $130.00 Total: $749.00 $17,922.00 ( for twins before divorce )

INTERESTING MONTHS Month One

Month One Rent/mortgage 1 $1,262.00 Utilities 1 $230.00 Home Improvement $50.00 Cell Phone $100.00 Groceries $600.00 Shopping $220.00 Auto expenses $140.00 Student loans $917.54 Credit cards $0.00 Auto Insurance $500.00 Dining Out $100.00 Health Insurance $398.00 Home Insurance $30.00 Life Insurance $260.00 Entertainment $30.00 Pets $50.00 Vacation $0.00 Donations $5.00 Medical Expenses $12,040.00 Surprise Event $1,000.00 Events: Twins (-$12,000) Took out of the Premier Savings Married (-$1,000) Paid of monthly income Darian Pay Cut (-$2,000/annual) Redone tax sheet & income Previous Balances Premier $81,530.00 Money Market $10,000.00 Membership $0.00 IRA $0.00 A+ Checking $0.00 Ending Balances Premier $70,330.00 Money Market $10,700.00 Membership $50.00 IRA $100.00 A+ Checking $1,659.70 Ending Total Balance $82,839.70 Monthly Income $9,223.58 Interest $18.66 Previous Savings $91,530.00 Total Income Balance $100,772.24

Ending Totals Before Divorce A+ Checking $18,279.70 Premier Savings $75,930.00 Money Market $15,600.00 IRA $1,450.00 Membership Savings $1,450.00 AMEX $0.00

Vanessa After Divorce

Personal Info Update College Loan Loan Amount $33,800.00 Interest Rate 5% Loan Period 10 years Total Cost $43,020.00 Monthly Payment $359.00 Paid in Interest $9,220.00 Remaining Balance $39,789.00 Career Google H.R. Analyst Total Annual Salary $54,331.25 Total Monthly Income $4,527.60 Car Info 2013 Chevy Cruze PAID OFF Savings Balance Total $47,215.00 Family Information Darian Ex-Spouse Twin 1 Child Twin 2 Child Baby 3 Child (Only Vanessa)

Renting Information Address: 10401 N Lamar Blvd City: Austin State: TX Zip: 78753 Rental Agency: Sterling Village Apartments Monthly Rent: $789.00 Utilities Included: Gas & Trash Utilities Price: $95.00 Parking: 1 Free Space Pet Expenses: $300.00 One Time Deposit Total Monthly Apartment Cost: $889.00

Average Monthly Budget Monthly Income: $4,527.60 Interest: $10.38 Prev. Savings $49,615.00 Prev. Checking $9,000.00 Other: $1,074.00 Rent: $789.00 Utilities: $95.00 Cell Phone: $60.00 Groceries: $400.00 Student Loans: $359.00 Auto Insurance: $135.00 Health Insurance: $45.00 Home Insurance: $30.00 Life Insurance: $90.00 Savings: $1,200.00 Cat: $25.00 Dining Out: $150.00 Entertainment: $20.00 Home Improvement: $100.00 Shopping: $150.00 Donations: $60.00 Medical: $0.0o Auto Expenses: $100.00 Kids Toys: $0.00 Total Monthly Debits: $ 3,808.00 Total Monthly Credits: $5,611.98 ($64,226.98)

$7,560.00 Divorce Baby Expenses Average Monthly Cost Average One Time Cost Groceries $300.00 Eating Out $0.00 Clothes $100.00 Babysitting $0.00 Toys $30.00 Home Improvement $50.00 Health Insurance $00.00 Life Insurance $60.00 Total: $540.00 $7,560.00

Interesting Months Month 10 & Month 20

Month 10 Rent/mortgage 1 $1,262.00 Utilities 1 $230.00 Home Improvement $0.00 Cell Phone $60.00 Groceries $400.00 Shopping $100.00 Auto expenses $4,070.00 Student loans $359.00 Credit cards $0.00 Auto Insurance $135.00 Dining Out $100.00 Health Insurance $45.00 Home Insurance $30.00 Life Insurance $90.00 Entertainment $15.00 Pets $25.00 Vacation $0.00 Donations $5.00 Medical Expenses $0.00 Renting Expenses $1,199.00 Events: Divorce Split finances, moved out, etc. Car Accident (-$4,000.00) Paid of monthly income Apartment Fees (-$315.00) Paid out of monthly income Previous Balances Premier $37,965.00 Money Market $7,800.00 Membership $725.00 IRA $725.00 A+ Checking $9,139.85 Ending Balances Premier $38,465.00 Money Market $8,300.00 Membership $825.00 IRA $825.00 A+ Checking $6,917.36 Ending Total Balance $55,332.36 Monthly Income $4,527.60 Interest $9.91 Previous Savings $47,215.00 Previous Checking $9,139.85 Child Support $1,074.00 Total Income Balance $61,966.36

Month 20 Rent/mortgage 1 $1,262.00 Utilities 1 $230.00 Home Improvement $200.00 Cell Phone $60.00 Groceries $700.00 Shopping $300.00 Auto expenses $120.00 Student loans $359.00 Credit cards $0.00 Auto Insurance $135.00 Dining Out $150.00 Health Insurance $45.00 Home Insurance $30.00 Life Insurance $90.00 Entertainment $100.00 Pets $25.00 Vacation $0.00 Donations $75.00 Medical Expenses $6,000.00 Renting Expenses $1,199.00 Events: Baby Accident (-$6,000 & +$300/monthly) Pay $6,000 out of checking Add $300 into monthly income Previous Balances Premier $43,465.00 Money Market $13,300.00 Membership $1,725.00 IRA $1,725.00 A+ Checking $19,660.22 Ending Balances Premier $43,965.00 Money Market $13,800.00 Membership $1,825.00 IRA $1,825.00 A+ Checking $15,084.01 Ending Total Balance $76,499.01 Monthly Income $4,527.60 Interest $12.85 Previous Savings $60,215.00 Previous Checking $19,660.22 Child Support $1,374.00 Total Income Balance $85,789.67

Ending Totals A+ Checking $2,982.18 Premier Savings $39,889.00 Money Market $15,800.00 IRA $2,225.00 Membership Savings $1,100.00 AMEX $0.00

Darian After Divorce

Personal Info Update College Loan Loan Amount $55,167.00 Interest Rate 5% Loan Period 10 years Total Cost $80,232.28 Monthly Payment $334.30.00 Paid in Interest $25,065.28 Career GM Innovations Business Analyst Total Annual Salary $56,351.75 Total Monthly Income $4,695.98 Car Info 2013 KIA Optima PAID OFF Savings Balance Total $47,215.00 Family Information Vanessa Ex-Spouse Twin 1 Child Twin 2 Child

Renting Information Address: 700 Louis Henna Blvd City: Round Rock State: TX Zip: 78664 Rental Agency: Winthrop Agency Monthly Rent: $695.00 Utilities Price: $80.00 Parking: 1 Free Space Pet Expenses: $15.00/month Total Monthly Apartment Cost: $790.00

Average Monthly Budget Monthly Income: $4,527.60 Interest: $10.38 Prev. Savings $49,615.00 Prev. Checking $9,000.00 Other: $1,074.00 Rent: $789.00 Utilities: $95.00 Cell Phone: $60.00 Groceries: $400.00 Student Loans: $359.00 Auto Insurance: $135.00 Health Insurance: $45.00 Home Insurance: $30.00 Life Insurance: $90.00 Savings: $1,200.00 Cat: $25.00 Dining Out: $150.00 Entertainment: $20.00 Home Improvement: $100.00 Shopping: $150.00 Donations: $60.00 Medical: $0.0o Auto Expenses: $100.00 Kids Toys: $0.00 Total Monthly Debits: $ 3,808.00 Total Monthly Credits: $5,611.98 ($64,226.98)

$18,368.00 Divorce Baby Expenses Child Support $1,074.00 Average Monthly Cost Average One Time Cost Child Support $1,074.00 Health Insurance $238.00 Total: $1,312.00 $18,368.00

Interesting Months Month 10 & Month 20

Month 10 Rent/mortgage 1 $1,262.00 Utilities 1 $230.00 Home Improvement $0.00 Cell Phone $680.00 Groceries $200.00 Shopping $100.00 Auto expenses $80.00 Student loans $21,558.54 Credit cards $0.00 Auto Insurance $250.00 Dining Out $100.00 Health Insurance $357.00 Home Insurance $30.00 Life Insurance $30.00 Entertainment $0.00 Pets $40.00 Vacation $0.00 Donations $0.00 Medical Expenses $0.00 Renting Expenses $790.00 Events: Divorce Split finances, moved out, etc. Canada Trip (-$600.00) Paid of monthly income Previous Balances Premier $75,945.82 Money Market $15,602.60 Membership $1,450.22 IRA $1,450.42 A+ Checking $18,280.46 Ending Balances Premier $34,572.50 Money Market $8,001.30 Membership $825.11 IRA $825.21 A+ Checking $9,510.08 Ending Total Balance $53,734.20 Monthly Income $4,695.58 Interest $9.91 Previous Savings $47,224.53 Other $21,000.00 Total Income Balance $72,930.02

Month 20 Rent/mortgage 1 $1,262.00 Utilities 1 $230.00 Home Improvement $0.00 Cell Phone $80.00 Groceries $200.00 Shopping $100.00 Auto expenses $80.00 Student loans $371.04 Credit cards $0.00 Auto Insurance $250.00 Dining Out $100.00 Health Insurance $357.00 Home Insurance $30.00 Life Insurance $30.00 Entertainment $15.00 Pets $40.00 Vacation $0.00 Donations $10.00 Kids Toys $50.00 Renting Expenses $790.00 Events: Parents Death (-$26,000) Paid from income and savings Previous Balances Premier $38,473.00 Money Market $11,000.00 Membership $1,825.00 IRA $1,825.00 A+ Checking $11,087.89 Ending Balances Premier $18,873.00 Money Market $11,300.00 Membership $1,925.00 IRA $1,925.00 A+ Checking $5,332.94 Ending Total Balance $39,355.94 Monthly Income $4,527.60 Interest $12.85 Previous Savings $60,215.00 Previous Checking $19,660.22 Child Support $1,374.00 Total Income Balance $85,789.67

Ending Totals A+ Checking $5,927.31 Premier Savings $20,673.00 Money Market $12,300.00 IRA $2,325.00 Membership Savings $2,325.00 AMEX $0.00

Project Review Likes: Real life in High School Budgeting Dislikes: Vanessa Darian Likes: Real life in High School Budgeting Dislikes: Random Life Events Redo Everything Divorce Likes: Rent vs. Buying Dislikes: Spreadsheet Decrease in savings accounts