Adult Job and Income-5 points

Name____Tony Acitelli_________________________ Occupation (insert here from Career

Flyer)
Salary: 34,000
Salary X 70% = ________ / 12 months
Monthly Net Income: 2,833

The Living Environment- Step 1

10 points
This apartment should be located near your job in a positive section of a city
This monthly rent expense should be no more than 25% of your monthly income,
with utilities 30%

Address 1222 Park Ave APT

2,Bremerton, WA 98337
-

995/a month$$
Rent
500 a month
Number of Bedrooms-If you choose a
2-Bedroom, assume you will split it.
Type the full amount and then your
2 beds 1 full bath
half.
You can choose a studio apartment
(one person-minimal living)
New Carpet, Furnished Kitchen,Fresh Paint,
Amenities-things included
(Sewer,Water,Garbage paid for)
Electricity provided $65.00
Internet Service provided $45.00
Cable Service (optional) 0$$
Cell Phone Package provided
$ 45.00
Living Environment Total 655$

Transportation Information- Step 2

 25 Points
Car and insurance expenses should be no more than 20% of your monthly income
Search for a car to purchase Cars.com; Carmax.com; Edmunds.com
Make, Model, Year, Mileage 2013 Dodge Dart
Picture Put picture here
MPG-Miles per Gallon 36 mpg
Asking Price 8,655
Estimated Monthly
Maintenance
Monthly Maintenance ___30$________
Under 5 years $30/month
Over 5 years $70/month
Warranty Terms, if any N/A
Purchase Price __8655________
Car Loan
Subtract $$_____N/A___ down payment (10%)
Calculate payment:
Auto Loan Amount: ___N/A________
http://www.bankrate.com/br
Auto Loan Terms: 4 years or 48 months
m/auto-loan-calculator.asp
Interest Rate: 7.30%
Monthly auto loan payment:_____90$__
Copy and Paste your results from payment calculator here:

Car Insurance
Shop for your own Auto
insurance.
Assume you are:
-23 years old
-Have 7 years of driving
Remember 100/300/50
experience
$500 to $1000 deductible
-Use the car you purchased in
Paste the results in here:
the previous activity as the car
to be insured
Go to this site and do not use
your own social security
number
www.esurance.com

Gasoline Usage
Assume that you drives 34
miles round trip each day to
work for 5 days a week for 4
weeks each month.
Calculate this first _________
570
__________ miles per month/___34_ MPG= _15____
gallons per month
_____ gallons x $2.40 = ________36$__

Car Payment, Insurance,

160$
Gas, Expenses Total
 Weekly Menu Step 3
10 points
This should not exceed 15% of your monthly income
The weekly menu will be multiplied by 4 to equate to a months groceries.

1) Copy or Insert your Menu,

2) Insert your Peapod list for Food and Personal Items

Entertainment Expenses Step 4

10 points
Find activities for a month and provide pricing. This should not exceed 5% of your
monthly income.
Please include any explanations of expenses when necessary. Go to the websites for
these activities and get some actual prices at these places. (ex. For movie tickets).
Going to friends house requires bringing something such as an appetizer.
Your list of leisure activities should include at least four different types of things to
do.

Assume it will
Monthly
be for the Week 1 Week 2 Week 3 Week 4
Total
current season
Go Go
Get dinner Go to a bar
Friday snowboarding skateboarding 60$
$40 $20
$0 $0
Go to a party
Saturday See a movie $20 Stay home 0$ Play xbox $0 40$
$20
Sunday Watch tv $0 Go Hiking $0 Make art $20 Sleep $0 20$
Entertainme
120$
nt Total
 Putting It All Together Step 5
10 points
Cost Actual Money Spent
Step 1 Living Expenses (25% - 30%)
497.5
Apartment, utilities
Step 2Transportation (20%)
116
Car Payment, Insurance, Maintenance, Gas
Step 3 Food (15%)
Grocery Bill
100
Restaurants
Personal Items
Step 4 Entertainment 100
Student Loans - Use the amount from your HR
SIKE YOU THOUGHT
Block Student Loan Calculator
Savings $75.00
Emergency Savings $120.00
Health Insurance; company plan $75.00
Total Monthly Expenses 1083.5

Monthly Net Income: $____2,833____

From page 1
Total Monthly Expenses $____1,083____
From above
Total Difference of ________1750________
Subtract and hopefully expenses are not more than income-otherwise-go back and fix
your expenses.

Reflection:30 Points-Please let me know what you have learned!

What I/we learned from this project? Name at least 3 items. (4-6 sentences)
I learned how expensive everything really is and how hard the real world basically is. I
also learned how broke starting off being an adult is gonna be, which is gonna suck
kinda.

What parts of this project were challenging? Name at least 2 tasks. (3-5 sentences)
Doing all the research for everything. Budgeting my life basically, but it was pretty nice
to learn how much everything costs.

Explain what would apply to your real life. (3-5 sentences)

ALl of these would actually apply to my life honestly. Car insurance, buying, groceries
affording groceries.