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Preparing for your Future

     By: Amani Robinson
           12/17/12
          (6th Period)
• What were your plans after high school
  before taking the reality check?
• I planned on going to UGA and take a
  double major in English, and Japanese
  Language and Literature
• 2) What city did you choose?
• I chose Dallas because my Dad's favorite
  team was the Dallas Cowboys
• 3) What was your housing choice?
• I chose a two bedroom apartment.
• 4) What utilities did you choose?
• Electricity, Internet, Mobile Phone, Water
  and Gas
• 5) What was your food choice?
• Home and Fast Food
• 6) What type of transportation did you
  choose?
• I chose used auto
• 7) What clothes budget did you decide
  on?
• Accessories, Retail Package, Thrifty
  Package, and Shoes
• 8) What healthcare option did you
  choose?
• The Dentist Visit and Health Insurance II
• 9) What did you decide to spend on
  personal upkeep?
• I only chose the basics. (Soap, Tissue,
  ect.)
• 10) How much are you planning to put into
  a savings account?
• 10% of my income.
• 11) What miscellaneous expendititures did
  you choose?
• Gadgets, Stuff, Pet Care
• 12) What was your choice of
  entertainment?
• Amusement Bundle, Adventure Bundle,
  Home Bundle, Fun Bundle, Vacation
  Bundle
• 13) What will your total monthly expenses
  be? Total annual expenses? Taxes?
• Monthly- 4,792
• Annually- 57,506
• Taxes- 20,359
• 14) What annual salary would you need to
  afford the lifestyle choice you selected?
• At least 101,795
• 15) What additional expenses would you
  incur if you marry and have two children?
• Family Plan
• What education level did you select?
• I chose Masters Degree
• 17) What occupational category did you
  choose?
• Education Administrator
• 19) What was the annual salary? Hourly
  Wage?
• Annual-101,735
• Hourly-63.26
• 20)After taking the reality check have you
  considered making a change in your
  plans?
• No everything seems perfect to me.
•   Texas Reality Check Your Monthly Expenses Dallas Housing$930
•   Utilities$400
•   Food$400
•   Transportation$543
•   Clothes$300
•   HealthCare$509
•   Personal$50
•   Entertainment$250
•   Misc$750
•   Savings$413
•   Student Debt Loan$247
•   Monthly Expenses$4,792
•   Annual Expenses$57,506
•   Family Plan Additional Costs$23,930
•   Taxes (25% of Annual Expenses)$20,359
•   Annual Salary Needed$101,795

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Preparing for your future

  • 1. Preparing for your Future By: Amani Robinson 12/17/12 (6th Period)
  • 2. • What were your plans after high school before taking the reality check? • I planned on going to UGA and take a double major in English, and Japanese Language and Literature
  • 3. • 2) What city did you choose? • I chose Dallas because my Dad's favorite team was the Dallas Cowboys
  • 4. • 3) What was your housing choice? • I chose a two bedroom apartment.
  • 5. • 4) What utilities did you choose? • Electricity, Internet, Mobile Phone, Water and Gas
  • 6. • 5) What was your food choice? • Home and Fast Food
  • 7. • 6) What type of transportation did you choose? • I chose used auto
  • 8. • 7) What clothes budget did you decide on? • Accessories, Retail Package, Thrifty Package, and Shoes
  • 9. • 8) What healthcare option did you choose? • The Dentist Visit and Health Insurance II
  • 10. • 9) What did you decide to spend on personal upkeep? • I only chose the basics. (Soap, Tissue, ect.)
  • 11. • 10) How much are you planning to put into a savings account? • 10% of my income.
  • 12. • 11) What miscellaneous expendititures did you choose? • Gadgets, Stuff, Pet Care
  • 13. • 12) What was your choice of entertainment? • Amusement Bundle, Adventure Bundle, Home Bundle, Fun Bundle, Vacation Bundle
  • 14. • 13) What will your total monthly expenses be? Total annual expenses? Taxes? • Monthly- 4,792 • Annually- 57,506 • Taxes- 20,359
  • 15. • 14) What annual salary would you need to afford the lifestyle choice you selected? • At least 101,795
  • 16. • 15) What additional expenses would you incur if you marry and have two children? • Family Plan
  • 17. • What education level did you select? • I chose Masters Degree
  • 18. • 17) What occupational category did you choose? • Education Administrator
  • 19. • 19) What was the annual salary? Hourly Wage? • Annual-101,735 • Hourly-63.26
  • 20. • 20)After taking the reality check have you considered making a change in your plans? • No everything seems perfect to me.
  • 21. Texas Reality Check Your Monthly Expenses Dallas Housing$930 • Utilities$400 • Food$400 • Transportation$543 • Clothes$300 • HealthCare$509 • Personal$50 • Entertainment$250 • Misc$750 • Savings$413 • Student Debt Loan$247 • Monthly Expenses$4,792 • Annual Expenses$57,506 • Family Plan Additional Costs$23,930 • Taxes (25% of Annual Expenses)$20,359 • Annual Salary Needed$101,795