 Career: Architect II in Austin, TX  Annual Salary of $43,047 in the 25% federal income tax bracket  Monthly Net Salary = $2,416.01

 Nice tile flooring throughout main living area  Spacious eat in kitchen with lots of cabinet and counter space  Outside boasts a nice privacy back yard with large deck.  3 bedrooms, 2 bath, 1364 sq ft, built in 2007, 2-car garage TVM SolverValue N30*12 I%5.5 PV154900*.90 PMT FV0 P/Y12 C/Y12

 Property taxes (2.5% of price) = $  Homeowners insurance = $93.17  Base mortgage = $  TOTAL Monthly cost = $ But I pay half since I have a roommate… My monthly housing cost = $603.72!

 2010 Ford Mustang GT Premium for $22,780  Has a back-up camera, heated front seats, and it is a 1 CARFAX owner!  19k miles, automatic, Sterling Grey Metallic exterior, Stone color leather interior  V8, 4.6L engine, EPA mileage 17/23

 Roughly $ in gas each month  Insurance for $ per month  Monthly payment of $  TOTAL Monthly cost of $678.92! TVM SolverValue N6*12 I%7.5 PV PMT FV0 P/Y12 C/Y12

 Water/Power: $177.32/2 = $88.66 per roomie  Gas: $54.56/2 = $27.28 per roomie  Cell phone: $80  Cable/Internet = $129.99/2 = $64.99 per roomie or $32.50 for each service

 Groceries = $95 per week so $ per month or $ per roomie  Restaurants = $30 per week so $130 per month  Credit card debt of $3553 will be paid off in 5 years at $87.79 per month  Medical emergency fund = $100  Savings should be almost $200 but I cannot afford that so I will save $95 per month  TOTAL monthly expenses = $2,162.21

IncomeLiabilities (expenses) You*$43,047.00Home Monthly cost*$ Gross Income$43, Tax Bracket25%Utilities Taxes$10,761.75Water/Power*$88.66 SSN 6.2%$2,668.91Gas*$27.28 Medicare 1.45%$624.18Cell Phone*$80.00 Home Phone$0.00 After-Tax Income$28,992.15Internet$32.50 Cable/Satellite$32.50 Total$ Net Monthly$2, Car Monthly cost*$ Food Groceries*$ Restaurants$ Total$ Debt Credit Card*$87.79 Total$87.79 Money for Future Medical*$ Savings*$95.00 Total$ Total Expenses$2, Balance$253.80

 This project was a worthwhile learning experience because …  The most important thing I learned was …  Something that surprised me was …  This project has changed my future plans because …  I recommend that the teacher …