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You’ve Graduated College- NOW WHAT?!

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Presentation on theme: "You’ve Graduated College- NOW WHAT?!"— Presentation transcript:

1 You’ve Graduated College- NOW WHAT?!

2 University of Georgia MONTHLY COLLEGE: $757.19 Unsubsidized Loan N 120
$21,880 * 4 = Total in-state cost (with room and board) Parental help = 72520 Unsubsidized Loan N 120 I 4.66% PV 45520 PMT 475.28 FV PY/CY 12 Direct Subsidized Loan MAX: $27000 N 120 I 4.66% PV 27000 PMT 281.91 FV PY/CY 12

3 2004 Acura TSX MONTHLY CAR: $195.81 Bank of America N 60 I 2.3% PV
11088 PMT 195.81 FV PY/CY 12

4 APARTMENT- Cumberland Crossing
MONTHLY APARTMENT: $340 2 Bed/ 1 bath $680

5 Monthly Budget MONTHLY BUDGET: $1125 MONTHLY COST
MONTHLY COST Where/How you determined the monthly cost Cell Phone $65 Personal Bill (ATT) Internet $40 Cable Water $45 GIVEN Electricity/ Natural Gas $75 Car Insurance $100 Renters Insurance $30 Health Insurance Gas (for car) $50 fill up twice a month Food $400 How much food per week from grocery store bill (multiply by 4 weeks) Entertainment/Personal $80 Going to movies, comic books, etc. Savings $50 Saving for Vacation

6 COLLEGE LOAN + CAR + APARTMENT + BUDGET = $2418
TOTAL EXPENSES COLLEGE LOAN + CAR + APARTMENT + BUDGET = $2418

7 High School teacher + Volleyball Coach
Starting salary with head coaching supplement 40,918 Monthly: After Tax: SALARY – EXPENSES = $9.80

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