1. SO YOU WANT TO BE GROWN A Real Life Math Project

2. What I Will Need to Know Due Date : May 10, 2012 All info MUST be submitted in a 3-ring binder All information needs supporting documents. All documents should be glued and/or taped. Use clear sleeves Markers/ Crayons Be CREATIVE

3. Job / Career Describe My Job What do I do What are my duties What is my pay (describe the pay scale) Describe Education Needed

4. My Occupation www.salary.com Yearly Salary Monthly Salary Weekly Salary Daily Salary

5. Income Gross Income : Earned income prior to deductions Net Income: Income earned after deductions Deductions: Items subtracted from your gross pay

6. What Are My Deductions 12% - Federal Income Tax 5% - Social Security (FICA) $40.00 – Medical Insurance 9% - State Income Tax REMEMBER: Based on Monthly Salary

7. Finally Living On My Own Go to the Times Picayune – classifieds You can spend up to 25% of your gross income. Find your address Find the monthly rent amount. What does your apartment look like?

8. Wow, Never Knew I Had So Many Bills Electricity: $80 ($30 for each additional room over 4) House phone $50 Gas: $45 (subtract $20 if heat is free in apartment) Food: $100 - $250 Travel: $1.50*2(roundtrip) * 5 (days/week) * 4 (weeks / month) – if you don’t have a car- Dry Cleaner/ Laundromat: $30 Clothes/Shoes: at LEAST $60 Hair Care/ Cut/ Salon: at LEAST $25- $150 (more for extensions, weaves, wigs, designs) Personal items: Toilet paper, soap, shampoo, toothpaste, etc. at LEAST $30 Savings: YOU MUST SAVE SOMETHING REMEMBER: These are MONTHLY charges

9. Entertainment Cost Movies- $20 each visit Music Club - $25+ each visit Concert Ticket- $65 each Restaurant - $40 each visit Rental Movies – $1.30 - $5 each Health Membership - $70/ month

10. I Want To Drive Car Note: At LEAST $400 ( depends on automobile) Insurance: $120 Gas: $200 Maintenance: $50 Description of vehicle: Year, make, & model

11. Spending Free Money You are being given a one time grant of $5000. This is the ONLY money that you may use to FULLY furnish your new apartment home. You must spend as much of the grant as possible, with no more that $20 left. First, think about the basic things you need YOU MAY NOT GO OVER THE GRANT!

12. What Does MY New Home Need? Go to The Times Picayune Sunday clippings. The item and the price must be included in your binder Taxes are everywhere so, remember to include sales tax in your purchases.

13. Let’s Start Shopping Sears Wal – Mart Target Best Buy Circuit City K-Mart Walgreens Dillard’s Linen-N-Things Bed, Bath, and Beyond Pier I Kirkland's World Market JC Penny's Etc.

14. I Can Now Write Checks Currently, many people pay their bills through on- line banking. In this project you will write five checks. All checks must be signed The name of the company must be on the check

15. Who Gets My checks Insurance Agency Electric Company Water Board Grocery Store Apartment Agency Department Store IRS (Internal Revenue Service)

16. REQUIRED: 1. Binder: All collected data will be neatly placed in a 3-ring binder a. Paper: you will type your data and organize in a paper format 12 font Double spaced Times New Roman b. PowerPoint Presentation- (must have at least 10 slides) Putting My Information Together AND OR

17. So, Now I AM GROWN!!! I have the EDUCATION I need for my job I have an APARTMENT HOME I have my own TRANSPORTATION I can pay BILLS I can write CHECKS I can create a BUDGET I can have a SAVINGS