Professional Documents
Culture Documents
Reality Check
Reality Check
B2
Savings: $481, Housing: $1288, Electricity: $70, Heating: $60, Cell phone:
$69, Cable: $0, Internet: $40, Phone: $0, Food: $260, Transportation: $600,
Clothes: $75, Health Care: $119, Entertainment: $100, Personal: $50,
Miscellaneous: $500, Student Loans: $470, Investments: $0, Family/Children:
$3340, Federal Taxes: $1848, State Taxes: $370, Total Expenses: $10694.
For housing, I chose to live in my own house that I would buy. I chose
electricity, heating, cell phone, and internet because those are necessities. I
didnt pick cable or phone because I think that they are extra and would be a
waste of money. For food, I chose to eat at home. For transportation, I chose
to buy a medium-sized car. I also chose the option to buy clothes at a $75
budget because I like clothes and would be able to buy some branded
clothes. I picked to pay for my own insurance for health care. I would mainly
hang out for entertainment, so that would only be $100. I didnt pick a very
pricey option for personal because I think that much is enough. I chose the
$500 option for miscellaneous because it included traveling by plane and I
would like to travel in/out of the country for vacations. Since I want a
graduate degree, my student loans would be around $470. Lastly, I chose to
save $481 per month and set $3340 aside for family/children expenses
because one child would be $835, and I would like 4 so I picked that. The
federal and state taxes of course arent optional and they take a good
amount of money too. My total expenses would be $10694, which makes my
monthly salary $9611 and my annual salary $115332.
I was given 7 career options that would provide for my future lifestyle,
and they were: Architectural and Engineering Managers, Business
Executives, Computer and Information Systems Managers, Dentists,
Marketing Managers, Nurse Anesthetists, and Pharmacists. Out of these
career options, two of them interested me: Dentists and Nurse Anesthetists.
This is because I am interested in the medical field and since they would
provide for my future lifestyle, I think they would be good choices.