MSandoval

=Picture Practice= =Budget Table=

=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** || 6.2 ||<  ||   || $1872.40 ||<   ||
 * < **Medicare** ||< 1.45 ||<  ||   || $437.90 ||
 * < **Federal income tax** ||< -9350 ||<  ||   || 2771.00 ||
 * < **PA income tax** ||< 3.07 ||<  ||   || $927.40 ||
 * <  ||<   ||> **Total for //year//:** ||   || 6008.70 ||
 * ||  || **Total for //each month//:** ||   || 500.73 ||

= = =Retirement Savings=  || $2,517 || Your responses here: ||
 * ||= **Dollar amount or rate** * ||
 * **__//Gross//__ //__monthly__// income -2**
 * **Retirement savings rate (as a percentage)** || 15% ||
 * **Dollar amount of retirement savings per month (gross monthly *rate = Dollar amount of retirement savings per month).** * || 377.55 ||
 * **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.** || 8,737,944.00 ||
 * **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** || 17,297,659.00 ||
 * **Respond to these questions in a few well written sentences:**
 * **Why did you select the retirement savings rate that you did? i chose this because if i put 15% of my check away every month, i will not have to work after i retire. i will be set.**
 * **What are the opportunity costs for your choice?** vacation, no days off, wants. *
 * **Why did you select the retirement savings rate that you did? i chose this because if i put 15% of my check away every month, i will not have to work after i retire. i will be set.**
 * **What are the opportunity costs for your choice?** vacation, no days off, wants. *

=Housing=

|| $775 || (610) 277-4450 ||  ||   || 1 bathroom 740sqft ||  ||
 * Issue || Answers/responses: ||
 * Maximum rent (take home pay * 30%) * || 3,833.17 ||  ||
 * Monthly rent for your apartment/house: || 
 * Location || Norristown, PA ||  || 1011 New Hope St, Norristown, PA 19401
 * Location || Norristown, PA ||  || 1011 New Hope St, Norristown, PA 19401
 * Amenities (i.e. number of bedrooms, baths, and size in square feet) || 1 bedroom
 * Selling features (What makes this a great apartment?) || it has a balcony ||  ||
 * Possible downsides || no ||  ||
 * Parking || yes ||  ||
 * Included utilities || * Air Conditioning
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Balcony
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Cable Ready
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Dishwasher
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Gas Range
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Microwave
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">New/Renovated Interior
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Oversized Closets
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Some Paid Utilities
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">View
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Washer & Dryer In Unit
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Housekeeping Available ||  ||   ||
 * <span style="display: block; font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif; font-size: 16px; text-align: left;">Security deposit requirement || yes ||  ||
 * <span style="display: block; font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif; font-size: 16px; text-align: left;">Restrictions on pets? || * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Disability Access
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Pets
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Corporate Billing Available

==
 * <span style="background-color: #fafafa; color: #333333; font-family: Tahoma,Geneva,sans-serif; font-size: 12px; font-size: medium; vertical-align: top;">Pets Accepted<span class="pet_policy_item">Weight restriction: 100Deposit: 300300.00 non-refundable pet fee. Breed restrictions call for details. ||   ||
 * <span style="display: block; font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif; font-size: 16px; text-align: left;">Length of lease || 1 year ||

=Transportation=


 * **Expense** || **Calculation** || **Dollar cost** ||
 * **Payment** || (From the Cars.com online calculator) || $78.38 ||
 * **Maintenance** || (Three levels of monthly maintenance based on car cost. See instructions above.) || $100 ||
 * **Gas** ||  || 107.14 ||
 * || **Monthly total** || 285.52 ||

=Insurance=

<span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif;">(to be entered on budget spreadsheet): || 456.00 ||
 * = **<span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif; font-size: 16px;">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): ||> 334 ||
 * > <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




 * Utilities **

29.36 || included || included || == =Communications=
 * **Utility** || **Calculation** || **Monthly Dollar Cost** ||
 * **Electric** || Online calculator (PDF uploaded to wiki) || $
 * **Water** || $25 per month (if not included in rent) || $ included ||
 * **Sewer** || $25 per month (if not included in rent) || $
 * **Trash removal** || $15 per month (if not included in rent) || $
 * || **Monthly total:** || 29.36 ||




 * Food and Household Items **




 * Miscellaneous **

=Questionnaire and Video=