Financial Literacy

When you become a doctor, you are told that $76,305 is your yearly income, but that is before taxes.

To find your monthly income, you divide your yearly income by 12, because there are 12 months in a year and you have to find how much money you get a month, for example my yearly income is $76,305 so I would divide that by 12. 76,305 divided by 12 is $5,404.94.

Savings for the month- $5,404.94                                                                                     After 6 months- $32,429..64                                                                                                 After 1 year- $76305   

Yes i went over the minimum, because i had an extra $1,080.99 to put in my savings and my minimum was $540.49.

the vehicle i got is a kawasaki motercycle