Allyson’s Life ProjectMr. Anderson Pd. 1

College: University of DaytonMajor: Accounting

Tuition: $30,340 per year ($15,170 per semester)

Cost of living on campus: $3,110 per semester (double room)

Meal Plan: $1,865 per semester Average monthly cost of books: $101. 08 Scholarship: I meet the credentials for a

Dean’s Merit Scholarship which ranges from $36,000 to $55,000

Management AccountantWhat I will do: Budgeting, analyzing financial information, and preparing financial reports for creditors and tax authorities.

Credentials: Internship experience Software/technology knowledge Certificate or advanced accounting degreeIncome: On average, $68, 260 per yearHours: Normal 40 hour work week, except near the end of the quarter/year*Some employers like you to have your master’s degree

City Choice: Houston, Texas

Mortgage cost: $527 per month Property tax: $2, 386. 51

Average Utilities: $283. 91

Married

Marriage license for Houston: $25 - $50

Engagement ring: $1,175

Kids

Two kids Cost of kids: $602, 020 ($301, 010

per kid), from birth until 18 Per month for one kid: $1, 393. 56

Expenses Mortgage: $527

Property Tax: $198. 88

Cell Phone: $180 (with kids)

Utilities: $283. 91

Cable/Internet: $70

Car Payment: $650 (two cars)

Car Insurance: $250

Expenses Cont.

Gasoline: $300

Food: $450

Student Loans: $200

Car Maintenance: $200 ($100 per car)

Entertainment: $100

Total: $3, 409. 79Monthly Income Necessary: $3, 600