Tyler+Sandlin

=Picture Practice= =Budget Table=

(Note: You can only view the spreadsheet here. You must enter data from your actual Google Doc spreadsheet.) media type="custom" key="23110278" align="left"

=Getting a Job=

== == = = =Taxes=
 * ~ Name of Tax ||~  ||~ Calculation of tax for the year (provide a complete formula for each tax's calculation) ||~   ||~ **Dollar amount of tax** ||~   ||~   ||~   ||
 * < **Social Security** ||  ||< .062x36,000 ||   || 2,232 ||<   ||
 * < **Medicare** ||<  ||< .0145x36,000 ||   || 522 ||
 * < **Federal income tax** ||<  ||<   ||   || 5,194 ||
 * < **PA income tax** ||<  ||< .0307x36,000 ||   || 1,332 ||
 * <  ||<   ||> **Total for //year//:** ||   || 9280 ||
 * ||  || **Total for //each month//:** ||   || 773 ||

= = =Retirement Savings= Your responses here: ||
 * ||= **Dollar amount or rate** * ||
 * **__//Gross//__ //__monthly__// income -** ||  ||
 * **Retirement savings rate (as a percentage)** || 5% ||
 * **Dollar amount of retirement savings per month (gross monthly *rate = Dollar amount of retirement savings per month).** * || 180.00 ||
 * 36,000 x .05 ||  ||
 * **Calculate how much money you will have at retirement at age 70 if you invest your budgeted amount at __ 6% __ yield. Use the compound interest spreadsheet calculator to do this. Assume your starting age is 22. You will need to calculate your annual contribution (principal) by multiplying your monthly retirement savings (above) by 12.** || 451,000 ||
 * **Calculate how much money you will have at retirement at age 70 if you invest your budgeted amount at __8%__ yield. Use the compound interest spreadsheet calculator to do this. Assume your starting age is 22. You will need to calculate your annual contribution (principal) by multiplying your monthly retirement savings (above) by 12.** || 893,000 ||
 * **Respond to these questions in a few well written sentences:**
 * **Why did you select the retirement savings rate that you did? i don't want to live off the government for the rest of my life.**
 * **What are the opportunity costs for your choice?** i would of been able to spend more money on my car and personal life.
 * **What are the opportunity costs for your choice?** i would of been able to spend more money on my car and personal life.

=Housing=

=Transportation=



=Insurance= (to be entered on budget spreadsheet): || 297.75 ||
 * = **Total Insurance Costs for Car, Rental, and Health Insurances ** ||
 * > Car Insurance: monthly premium (website quote divided by six months): ||> 177.33 ||
 * > Renter's Insurance monthly premium: || 20.42 ||
 * > Health Insurance monthly premium: || $100 ||
 * > **Total** monthly cost for insurance premiums
 * > Health Insurance monthly premium: || $100 ||
 * > **Total** monthly cost for insurance premiums


 * Utilities **

=Communications=
 * **Utility** || **Calculation** || **Monthly Dollar Cost** ||
 * **Electric** || Online calculator (PDF uploaded to wiki) || $ 127 ||
 * **Water** || $25 per month (if not included in rent) || $ 25 ||
 * **Sewer** || $25 per month (if not included in rent) || $25 ||
 * **Trash removal** || $15 per month (if not included in rent) || $15 ||
 * || **Monthly total:** || 192 ||


 * **Service** || **Stand alone or bundled with another?** || **Cost** ||
 * **Cell** ||  || 100 ||
 * **Land line** || N/A ||  ||
 * **TV** || 74.99 ||
 * **Internet** || bundle ||
 * || **Total monthly cost:** || 174 ||

150 student loans
 * Food and Household Items **

150
 * Miscellaneous **

=Questionnaire and Video=