Anna+Takahashi

=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="23110650" 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** ||  ||< 46,704 x .062 ||   || $2,895.65 ||<   ||
 * < **Medicare** ||<  ||< 46,704 x .0145 ||   || $677.208 ||
 * < **Federal income tax** ||<  ||<   ||   || $7,856 ||
 * < **PA income tax** ||<  ||< 46,704 x .037 ||   || $1,728.048 ||
 * <  ||<   ||> **Total for //year//:** ||   || $13,156.906 ||
 * ||  || **Total for //each month//:** ||   || $1,096.40883 ||

= = =Retirement Savings= Your responses here: If i save a lot of money earlier on in life, i will be able to spend it on more enjoyable things later in life ||
 * ||= **Dollar amount or rate** * ||
 * **__//Gross//__ //__monthly__// income -** || $3,892 ||
 * **Retirement savings rate (as a percentage)** || 15% ||
 * **Dollar amount of retirement savings per month (gross monthly *rate = Dollar amount of retirement savings per month).** * || $583 ||
 * **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.** || $2,026,972 ||
 * **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.** || $4,012,599 ||
 * **Respond to these questions in a few well written sentences:**
 * **Why did you select the retirement savings rate that you did?**
 * When i retire i don't want to have to worry about money. This way if i decide i want to work part time i don't have to pick a job based on how much money i will make.**
 * **What are the opportunity costs for your choice?** *
 * When i retire i don't want to have to worry about money. This way if i decide i want to work part time i don't have to pick a job based on how much money i will make.**
 * **What are the opportunity costs for your choice?** *



=Housing=

1 bathroom 647sqft ||  || pool dishwasher emergency maintenance open to pets ||  || for food, gas, and anything else ||  ||
 * Issue || Answers/responses: ||
 * Maximum rent (take home pay * 30%) * || $838 ||  ||
 * Monthly rent for your apartment/house: || $720 ||  ||
 * Location || Lynnewood Guardians PA ||  ||
 * Amenities (i.e. number of bedrooms, baths, and size in square feet) || 1 bedroom
 * Selling features (What makes this a great apartment?) || Free heating, and hot water
 * Possible downsides || only leaves me a little over a hundred dollars
 * Parking || doesn't say ||  ||
 * Included utilities || Water, Electric ,Heat, air conditioning ||  ||   ||
 * Security deposit requirement || no ||  ||
 * Restrictions on pets? || None ||  ||
 * Length of lease || 6-12 months ||

=Transportation=




 * **Expense** || **Calculation** || **Dollar cost** ||
 * **Payment** || (From the Cars.com online calculator) || $64.22 ||
 * **Maintenance** || (Three levels of monthly maintenance based on car cost. See instructions above.) || $175 ||
 * **Gas** ||  || $58.82 ||
 * || **Monthly total** || $298.04 ||



=Insurance=

(to be entered on budget spreadsheet): || $410.25 ||
 * = **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): ||> $289.83 ||
 * > <span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">Renter's Insurance monthly premium: || $20.42 ||
 * > <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) || $included in rent ||
 * **Water** || $25 per month (if not included in rent) || $included in rent ||
 * **Sewer** || $25 per month (if not included in rent) || $25 ||
 * **Trash removal** || $15 per month (if not included in rent) || $15 ||
 * || **Monthly total:** || $40 ||

= = =Communications=


 * **Service** || **Stand alone or bundled with another?** || **Cost** ||
 * **Cell** ||  || $70 ||
 * **Land line** ||  ||   ||
 * **TV** || $69.99 ||
 * **Internet** || included with TV ||
 * || **Total monthly cost:** || $139.99 ||


 * Food and Household Items **


 * Miscellaneous **
 * $150 student loans **
 * $50 movie tickets **

=Questionnaire and Video=