Elishah+Villafuerte-Gomban

=Picture Practice=



=Budget Table=

=EVG Budget Spreadsheet=

=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** ||  ||< .062*49297 ||   || 3056.45 ||<   ||
 * < **Medicare** ||<  ||< .0145*49297 ||   || 714.86 ||
 * < **Federal income tax** ||<  ||<   ||   || 8506.00 ||
 * < **PA income tax** ||<  ||< .0307*49297 ||   || 1513.42 ||
 * <  ||<   ||> **Total for //year//:** ||   || 13083.35 ||
 * ||  || **Total for //each month//:** ||   || 1090.27 ||

= = =Retirement Savings=

$4108 ||   || 1304724 ||   || Your responses here: ||
 * = **Dollar amount or rate** * ||
 * **__//Gross//__ //__monthly__// income -**
 * **Retirement savings rate (as a percentage)** 5 % ||  ||
 * **Dollar amount of retirement savings per month** $205.40 ||  ||
 * **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.** 670323 ||  ||
 * **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.**
 * **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.**
 * **Respond to these questions in a few well written sentences:**
 * **Why did you select the retirement savings rate that you did?** I selected 5% because it's a lot, but not too much, and when I do retire I will appreciate the large percentage I put aside. The amount of money that I put away will be worth it in the long run.
 * **What are the opportunity costs for your choice?** * For opportunity costs I would resist from buying small things on impulse, buying fast food or cold drinks at anytime, and just save money any/the best way I can.
 * **What are the opportunity costs for your choice?** * For opportunity costs I would resist from buying small things on impulse, buying fast food or cold drinks at anytime, and just save money any/the best way I can.

=Housing= 1 bathroom 550sqft ||  || view of the beach, pet friendly, gate access, dishwasher, swimming pool ||  ||
 * Issue || Answers/responses: ||
 * Maximum rent (take home pay * 30%) * || $1,300 ||  ||
 * Monthly rent for your apartment/house: || $1,300 ||  ||
 * Location || Alameda, California ||  ||
 * Amenities (i.e. number of bedrooms, baths, and size in square feet) || Studio
 * Selling features (What makes this a great apartment?) || Balcony, Oversized closets,
 * Possible downsides || no ||  ||
 * Parking || garage (Covered Parking) ||  ||
 * Included utilities || Water, Electric ,Heat ||  ||   ||
 * Security deposit requirement || yes ||  ||
 * Restrictions on pets? || None ||  ||
 * Length of lease || 3 months, 6 months, 12 months ||

=Transportation=


 * **Expense** || **Calculation** || **Dollar cost** ||
 * **Payment** || (From the Cars.com online calculator) || $500 ||
 * **Maintenance** || (Three levels of monthly maintenance based on car cost. See instructions above.) ||  ||
 * **Gas** ||  || $38 ||
 * || **Monthly total** || $538 ||

=Insurance=

(to be entered on budget spreadsheet): || $365.78 ||
 * = **Total Insurance Costs for Car, Rental, and Health Insurances ** ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">Car Insurance: monthly premium (website quote divided by six months): ||> $245.16 ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">Renter's Insurance monthly premium: || $20.62 ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">Health Insurance monthly premium: || $100 ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">**Total** monthly cost for insurance premiums
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">Health Insurance monthly premium: || $100 ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">**Total** monthly cost for insurance premiums


 * Utilities **
 * **Utility** || **Calculation** || **Monthly Dollar Cost** ||
 * **Electric** || Online calculator (PDF uploaded to wiki) || $ 66.40 ||
 * **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:** || $131.40 ||

== =Communications=
 * **Service** || **Stand alone or bundled with another?** || **Cost** ||
 * **Cell** ||  || $70 ||
 * **Land line** ||  || n/a ||
 * **TV** || n/a ||
 * **Internet** || $34 ||
 * || **Total monthly cost:** || $104 ||


 * Food and Household Items **




 * Miscellaneous **

150$

=Questionnaire and Video=

media type="file" key="Questionaireeevg.mov" width="300" height="300"