Budget Project By: Cameron Wolfslayer & Shawn Valiani.

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Presentation transcript:

Budget Project By: Cameron Wolfslayer & Shawn Valiani

Job Job is Financial Analyst Makes $50,000 a year

Rent Monthly rent is $950 Multiply by 12* 12 Annual cost $11,400

Car It hold up to 12 gallons of gas Total cost$25,915 Divide by 5 / 5 Annual cost $5,183

Car Insurance 6 monthly cost$650 Multiply by 2* 2 Annual cost $1,300 The Car Insurance is

Gasoline Gas price is $3.19 Multiply by 12 * 12 Total $38.28 Multiply by 52* 52 Annual Cost $1,990.56

Energy Cost Monthly Cost$ 90 Multiply by 12* 12 Annual Cost $1,080

Cable Monthly Cost$34.95 Multiply by 12* 12 Annual Cost $419.40

Groceries Weekly Cost$68.19 Multiply by 52* 52 Annual Cost $3,545.88

Cell Phone Monthly Cost$39.99 Multiply by 12* 12 Annual Cost $479.88

Entertainment Monthly Cost$ 52 Multiply by 12* 12 Annual Cost $624

Additional Costs Internet Cost $720 Trash Cost $130 Home Phone Cost + $360 Total Annual Cost $1,210

Annual Expenses Rent $11,400 Car $5,183 Car Insurance $1,300 Gas $1, Energy $1,080 Cable $ Groceries $3, Cell Phone $ Entertainment $ Internet $720 Trash $130 Home Phone $360 Annual Cost $27,241.72

Reflection Questions 1. What were your total expenses? Our total annual expenses were $27, In order to live fictitious lifestyle at least what level of degree do you think you need to earn [ collage, masters, graduate, law school, business school, etc. ]? We would need a bachelors degree in business to become a Financial Analyst because we need to know the income of different business to help others pay off their debts. 3. What connection between the highest earning careers and the level of schooling is needed? The connection between the highest earning careers and the level of schooling needed is that if you want a high earning career you will have attend school longer than most people. 4. Why should people think about the long-term effects of their educational choices when they are in middle? People should think about long-term effects because if they don’t think about it now they might end up with limited choices later in life or school.

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