Cost of Living Project Instruction

Cost of Living Project Instruction

• Look for a job/career you would like to have

• 
  Find out the salary information
  
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    http://www.salary.com/salary/index.asp
    
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    By zip code
    
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  Location of the job
  
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  http://www.paycheckcity.com/NetPayCalc/netpayCalcResult.asp
  
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  Using the site above figure out the Net Salary, Federal withholding information)
  
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    Yearly Salary and Bi-Weekly (Gross Salary, Net Salary, Federal Withholding, Social Security, Medicare)
    
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  If you are married, do the same for your spouse.
  
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  Create a breakdown of each of your information
  

• Where did you get your degree?

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  How much did it cost you?
  
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  Create a break down of college expenses
  
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  How did you pay for it?
  

Car: What type of car? Year? Make? Model?

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  What car would you like to drive?
  

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  How much it is going to cost you? Is it bought or leased?
  

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  Monthly fuel expense
  

Automobile Insurance Cost: Company & Cost

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  Based on your car information figure out what would be the appropriate coverage and cost.
  

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  Think about family plans and costs
  

Debt: Credit cards, loans

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  How much are you paying monthly towards your debt?
  

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  Find out what it would cost your and what companies they are.
  

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  What type of plan do you have?
  

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  At home
  
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  Dining out
  

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  Yearly and Monthly Cost
  

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  Provide a break down for each category
  

-house or apartment non-furnished

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  Monthly Cost
  

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  Find the location of home
  

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  Pants
  
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  Shirt
  
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  Shoes
  
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  Etc.
  

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  Yearly and Monthly cost
  

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  Provide a break down and list of things you need
  

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  Yearly & Monthly cost
  

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  Provide a break down of things that you will need
  

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  Provide a cost for a family of four
  
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    Airfare, car rental, fees, hotel, attractions, dinner, tours, etc
    
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  Plan your trip, have some sort of itinerary
  

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  Birthday gifts
  
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  Holiday gifts
  
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  Grooming
  
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  Childcare
  
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  Other
  
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  Savings
  
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  Going