Solve this Problem. Make a plan & solve this problem Your monthly income is $1,000 Expenses + paying yourself 15% = $800 Car will need tires in 6 months.

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Presentation transcript:

Solve this Problem

Make a plan & solve this problem Your monthly income is $1,000 Expenses + paying yourself 15% = $800 Car will need tires in 6 months = $250 You will need new clothes in 3 months = $150 Car insurance premium renewal in 5 months = $360 Car registration in 11 months = $120 Holiday presents in 2 months = $200 Grandma’s birthday in 4 months = $50

Help me! Jane owes $22,000 and her debt keeps growing. She is able to get a loan (at 18% interest) from the bank that will pay off her debt and give her an extra $2,000. Going to the gym & the mall takes up a lot of her time. She makes $1,800 a month at her part-time job. Her bills, including a car payment, are $1,900 a month. Her car insurance & registration are due in 5 months ($410) & the holidays are in 2 months.