You’ve Graduated College- NOW WHAT?!
University of Georgia MONTHLY COLLEGE: $757.19 Unsubsidized Loan N 120 $21,880 * 4 = 87520 Total in-state cost (with room and board) 87520-15000 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
2004 Acura TSX MONTHLY CAR: $195.81 Bank of America N 60 I 2.3% PV 11088 PMT 195.81 FV PY/CY 12
APARTMENT- Cumberland Crossing MONTHLY APARTMENT: $340 2 Bed/ 1 bath $680
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
COLLEGE LOAN + CAR + APARTMENT + BUDGET = $2418 TOTAL EXPENSES COLLEGE LOAN + CAR + APARTMENT + BUDGET = $2418
High School teacher + Volleyball Coach Starting salary with head coaching supplement 40,918 Monthly: 3409.83 After Tax: 2427.80 SALARY – EXPENSES 2427.80-2418= $9.80