1. Personal Finance Friday Week 7 Economics Portfolio
Friday, March 1, 2019

2. Portfolio Assignments
Apartment Research
The assumption is that you have a full-time job that pays you minimum wage.
Minimum wage in Tucson is now $11/hour
$11/hour at 40 hours a week is $440 a week
$440 a week is $1,760 in a four-week-month
Apartments want you to pay no more than 1/3 of your monthly income on rent. 1/3 of $1,760 is about $587.

3. Portfolio Assignments
Apartment Research
You have the ability to pay $590/month in rent
You have to find two apartments you can afford
Apartments can be in any state in the U.S.
Apartment #1 you must live in by yourself
If you wish to have a roommate for Apartment #2 you still may only pay $590/month and you must assume that they have the same financial restrictions.