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The Cambell Family Financial Planning. Amy Cambell The Power Mom Balances work and motherhood Accountant for WNBA Works 45 hours a week Enjoys bird watching,

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Presentation on theme: "The Cambell Family Financial Planning. Amy Cambell The Power Mom Balances work and motherhood Accountant for WNBA Works 45 hours a week Enjoys bird watching,"— Presentation transcript:

1 The Cambell Family Financial Planning

2 Amy Cambell The Power Mom Balances work and motherhood Accountant for WNBA Works 45 hours a week Enjoys bird watching, playing the flute, and rock climbing in New Hampshire Die hard Patriots fan

3 Jonathan Cambell The Nurturing Father Primary caregiver to his children Works 30 hours a week Office manager at the GBCAH Enjoys collecting coins, singing, and playing the guitar One of eight children

4 Samuel Cambell The Soccer Superstar Loves adventures and trying new things Fourth grade Favorite subjects are Math and English Takes guitar lessons Plays recreational soccer Ladies man

5 Saturday SOCCER GAME Saturday SOCCER GAME Sam’s Activities - $725 Friday SOCCER PRACTICE Friday SOCCER PRACTICE Wednesday GUITAR LESSONS Wednesday GUITAR LESSONS

6 Zoe Cambell The Artistic Wonder Sweet as sugar Second grade Favorite subjects are coloring and learning the state capitals Art lessons Dance lessons Dream job: whale trainer

7 Sunday TAP LESSONS Sunday TAP LESSONS Zoe’s Activities - $1146 Tuesday PAINTING LESSONS Tuesday PAINTING LESSONS Thursday BEADING LESSONS Thursday BEADING LESSONS

8 Monday Turkey Carrots Potatoes Monday Turkey Carrots Potatoes Weekly Dinner Menu – 4.7% Weekend Steak Beans Potatoes Weekend Steak Beans Potatoes Tuesday Salmon Broccoli Rice Tuesday Salmon Broccoli Rice Wednesday Chicken Spinach French fries Wednesday Chicken Spinach French fries Friday Pizza Caesar Salad Friday Pizza Caesar Salad Thursday Tofu Salad Bruschetta Thursday Tofu Salad Bruschetta

9 Taxes And Retirement – 36.1%

10 Total Costs $3363.68 Total Costs $3363.68 HealthcareHealthcare 2.3 % Insurance We pay… $2464.20 /year (20%) Insurance We pay… $2464.20 /year (20%) Dentist $568/year Dentist $568/year Extraneous Costs $21.48 Extraneous Costs $21.48 Prescriptions And Copays $310 Prescriptions And Copays $310

11 Total Costs $11,696/year Total Costs $11,696/year TransportationTransportation 8.2 % Both Parents drive to the Mansfield train station and take the train to Cambridge. Train $2592/year Train $2592/year Car Insurance $3525/year Car Insurance $3525/year Car Expenses $9104 Car Expenses $9104

12 Taxes $7413.60/year Taxes $7413.60/year $40,060 - Our House - 27% Insurance $850/year Insurance $850/year 3 Bedrooms 3.5 Bathrooms Easton MA Cost: $499,900 3 Bedrooms 3.5 Bathrooms Easton MA Cost: $499,900 Mortgage $24,312/year Mortgage $24,312/year Utilities $7485 Utilities $7485

13 Summer – $ 15,750 CAMP TEVYA A Summer of endless activities and lifelong friends. 7000/year x 2 children $14,000/summer - 9.8% CAMP TEVYA A Summer of endless activities and lifelong friends. 7000/year x 2 children $14,000/summer - 9.8% New Hampshire Vacation A week of rock climbing, relaxing, and spending time out doors. $1750/ Summer - 1.2 % New Hampshire Vacation A week of rock climbing, relaxing, and spending time out doors. $1750/ Summer - 1.2 %

14 Cell Phone $480/ye ar Cell Phone $480/ye ar TechnologyTechnology Total 1679.88 1.2 % Total 1679.88 1.2 % Comcast Bundle Phone, Internet, Cable $1199.88/ye ar Comcast Bundle Phone, Internet, Cable $1199.88/ye ar

15 Total $5209/ year Total $5209/ year ExtraneousExtraneous 3.64 % Haircuts $180/year Haircuts $180/year Charity $1000/year Charity $1000/year Movies $446/year Movies $446/year Presents $640/year Presents $640/year Office Supplies $42/year Office Supplies $42/year Life Insurance $856/year Life Insurance $856/year Clothes $1085/year Clothes $1085/year Gym $960/year Gym $960/year

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