Budget Project By: Cameron Wolfslayer & Shawn Valiani

Budget Project

By: Cameron Wolfslayer & Shawn Valiani

Job

• Job is Financial Analyst• Makes $50,000 a year

Rent

• Monthly rent is $950• Multiply by 12 * 12• Annual cost $11,400

Car

• It hold up to 12 gallons of gas• Total cost $25,915• Divide by 5 / 5 • Annual cost $5,183

Car Insurance

• 6 monthly cost $650• Multiply by 2 * 2• Annual cost $1,300

• The Car Insurance is

Gasoline

• Gas price is $3.19• Multiply by 12 * 12• Total $38.28• Multiply by 52 * 52• Annual Cost $1,990.56

Energy Cost

• Monthly Cost $ 90• Multiply by 12 * 12• Annual Cost $1,080

Cable

• Monthly Cost $34.95• Multiply by 12 * 12• Annual Cost $419.40

Groceries

• Weekly Cost $68.19• Multiply by 52 * 52• Annual Cost $3,545.88

Cell Phone

• Monthly Cost $39.99• Multiply by 12 * 12• Annual Cost $479.88

Entertainment

• Monthly Cost $ 52• Multiply by 12 * 12• Annual Cost $624

Additional Costs

• Internet Cost $720• Trash Cost $130• Home Phone Cost + $360 • Total Annual Cost $1,210

Annual Expenses• Rent $11,400• Car $5,183• Car Insurance $1,300• Gas $1,990.56• Energy $1,080• Cable $419.40• Groceries $3,554.88• Cell Phone $479.88• Entertainment $624.00• Internet $720• Trash $130• Home Phone $360• Annual Cost $27,241.72

Reflection Questions1. What were your total expenses?

Our total annual expenses were $27,241.722. In order to live fictitious lifestyle at least what level of degree do you think you need to earn [ collage, masters, graduate, law school, business school, etc. ]?

We would need a bachelors degree in business to become a Financial Analyst because we need to know the income of different business to help others pay off their debts. 3. What connection between the highest earning careers and the level of schooling is needed?

The connection between the highest earning careers and the level of schooling needed is that if you want a high earning career you will have attend school longer

than most people.

4. Why should people think about the long-term effects of their educational choices when they are in middle?

People should think about long-term effects because if they don’t think about it now they might end up with limited choices later in life or school.

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