1. My Future As I Know It Jennifer Smith 8 th Grade End of the Year Budgeting Project

2. About me Describe yourself…your hobbies etc Explain the purpose of this project Include a picture of you

3. Where I see myself

4. 18…

5. 22…

6. 30…

7. 65…

8. My Future Career http://primepay.com/resources/calculators Occupation: Gross Yearly Income (before tax): Look up average salary for your job and state Gross Monthly Income (before tax): Divide yearly income by 12 Net Income (after tax): Rent/Mortgage Range (20-30% of gross monthly): $1300-15000

9. My Monthly Budget Electric Bill: $52 Gas Bill: $ 30 Water Bill: $ 55 Rent/Mortgage: Cell : Gas: $200 Auto Ins : $60 Health Ins: $92 Food: $250 Cable/Internet: 120 ($50 for internet only) Spending money: Charity: Car Payment: Savings: (about 10% of take home pay) Total Budget: ____________ (All bills should add up to take home pay)

10. My Future Car Make/Model Price Monthly Payment: Picture

11. My Future Apartment City, State: Rent Amount: Picture of apartment

12. My Future House Find House on “Zillow.com” *Do internet search for “how much house can I afford to find a price range for your property City, State: Purchase Price Down Payment: 4% _____________ 10%_____________ 20%_____________ Monthly Payment:_______________________ Picture

13. What do you think about the budget you just created?

14. How do I plan on Saving Money For a Down payment for a house?

15. Retirement Search Dave Ramsey Investment Calculator How much money will you budget for retirement… At what age will you start saving? How much money will you have at retirement…. (assume 10% interest rate on a mutual fund) How does age started affect retirement amount.

16. Marriage What things (financially) should you look for in a spouse?

17. What are some additional ways to save and make money so that you have more money in your budget?

18. What have you learned?