1. Mr. Dean’s Finance Workbook

2. What is the Minimum Wage
Minimum wage in SC: 7.25 cents
Minimum wage x 40 hours= 290 dollars a week
A week X 2= per 2 weeks
580 x 2= 1,160 monthly with taxes taken out
** Can we really live off this

3. Job Description- Teacher
Teachers create lesson plans and teach those plans to the entire class, individually to students or in small groups, track student progress and present the information to parents, create tests, create and reinforce classroom rules.

4. Salary and Monthly wage
Salary: 35,400 a year
Monthly: Yearly salary divided by 12- (2,950)
Bi-weekly: Monthly divided by 2- (1,475)
Weekly: Bi-weekly divided by 2- (737.50)

5. Apartment Complexes- Greenville S.C
Regency at Chandler Park- Starting out $655- One bedroom
Two Bedrooms- Starting out $815 a month

6. My Vehicle- 2013 Honda Accord Sedan
Total Cost: $16,000
Down Payment- $4,000
Amount Financed: $12,000
Monthly Payments: $ a month
Term: 60 months

7. Average Grocery Bill
Average Grocery Bill- ( ) dollars for one person
Cereal Meats Breakfast food
Bread-Toast Eggs Snacks!!!
Ramen noodles Milk/Juice Personal items (toothpaste etc.)
Frozen foods Pasta Bottled water
Vegetables Cheese Drink
Candy Deodorant Laundry detergent
Lotion Paper towels Paper plates

8. Monthly Grooming Cost Haircut 2x a month- $12.50+Tip=$28.00
28 dollars a month

9. Cell Phone Expense(s) Carrier: T-Mobile
Plan: Unlimited text and minutes. 2 GB Data
Monthly Cost: 50 dollars

10. Utilities Water: 60 dollars Electricity: 60 dollars
Total: 120 dollars a month

11. School Loans $32,000 a year $16,290 for tuition 16,290x4= 65,160

12. Gym Membership- Gold’s Gym
Option 1 package- initial $ to get started
Then 29 dollars a month
Total a year= $509.87

13. Car Insurance -Under the age of 25- 110 dollars per month
**Average Car Insurance price for people in SC

14. Entertainment (Spending Money)
Velocity Hanging with friends
Gravitopia/sky zone Sporting Events
Movies Events
Shopping-clothes/shoes Accessories for car
Eating out Jewelry
Concerts Etc.
Electronics- Phones, ipad, etc * Money left over before it goes into savings

15. Monthly Budget and Savings
Two-bedroom with bathroom: $ which equals $407.50
Car: $ Gym: $ Wifi: 45.00
Grocery: $ Car insurance: $ Ent: $350.00
Grooming: $ Healthcare/dental: $ Netflix: $8.99
Cell Phone:$ Total: $1,964.49
Utilities: $ Monthly Salary: $2,950
Student loans:$ Total Savings:

16. Reflection: