financial literacy project/by kadence
I am a teacher and i make 46,500 dollars without anything taken out.
My monthly income is$ 3,293.75 my yearly income is $39,525. My calculations where found by adding and subtracting my salary.
My monthly saving is $3,293, my savings for 6 months is $1,976.28 , my yearly savings is $3952.56 . I calculated my savings with a calculater and I added more money to my savings so I have more savings than my minimum.
HOUSE AND CAR
I choose a apartment with 2 bed rooms and 2 bath rooms i choose this apartment because it was in my price rang and it was the perfect size for me. For my car i choose a ford fiesta because it was the best car for me and the only car that would be in my price rang.
2 gallon milk-4.94
spaghetti noodles -.96
spaghetti sauce -2.00
trash bags bulk-5.00
tooth paste 2.00
savings (10%) 329.38-2964.37
car payment 224-1855.37
car insurance 75-1780.37
health insurance 150.00-784.00
fun money 500.00-00.00
I think this project is important because it teaches us life skills that we will need when we are older.