11 2.2 Financing Adulthood
How much do you think you would need to earn a year to meet your basic needs?
Place your mark on the line.
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DO NOW
NAME: _____________________________
Gross Yearly Pay: | Monthly Net Pay: (estimate after taxes) |
$30,000 | $1,900 |
$40,000 | $2,500 |
$50,000 | $3,100 |
$60,000 | $3,700 |
$70,000 | $4,300 |
$80,000 | $4,900 |
$100,000 | $5,900 |
Mentor Connection
1. Respond to your mentor’s message and share your high point and low point for the week.�My high point is…
My low point is…
�2. If the amount of money you earned didn’t matter, what career would you choose to follow?
If the amount of money I earned didn’t matter, I would choose to…
Cost of Living | |
Rent | $ 1300 |
Utilities (water, heat, electricity) | $ 170 |
Internet | $ 60 |
Cell phone | $ 100 |
Transportation | $ 140 (public transportation only) |
Food | $ 250 |
Health Care | $ 440 |
Household items | $ 40 |
Total | $2,500 |
Would you be able to stay within this budget? Why or why not?
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