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You Win Some, You Lose Some: The Story of Keesha Hernandez. Narrated by: Olivia Neumann, Stephanie McClain, Lauren Earle. Meet Keesha. 26 years old Working two jobs- 60 hrs a week Young child. Jobs and Welfare. Taxes. Gross Income: $23,715.50/year
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You Win Some, You Lose Some:The Story of Keesha Hernandez Narrated by: Olivia Neumann, Stephanie McClain, Lauren Earle
Meet Keesha • 26 years old • Working two jobs- 60 hrs a week • Young child
Taxes • Gross Income: $23,715.50/year • Child Tax Credit: $ 1000/year • Total Income After Taxes: $24,715.50
Rent/Household • Appleton Mills in Lowell, MA • 2 bedroom • Rent: $6,072/year • Renters Insurance: $180/year • Internet and Cable (Charter): $239.88/year • Cell Phone (T-Mobile): $360/year • Essentials: $1460/year • Public Transportation (Bus Fare): $480/year
Shopping Groceries: Sub Total: $95.89 Employee Discount: $9.59 Total Weekly: $86.30 Total Monthly: $345.20 Total Yearly: $4,142.40 Clothing: Total Monthly: $203.00 Total Yearly: $2,436.00
Daycare for Dorothy • Bright Horizons at Brookstone • $383/month $4596/year
Health Care • Blue Basic Saver • $39.03/month $468.36/year
Retirement and College • No retirement plan • Save $200/month for college for Dorothy ($2,400/year)
Summary • After all necessary expenses, Keesha has $1880.86 left. • Very little for savings/investments if any • Most likely impossible to achieve financial success or even basic financial security
The End (with special thanks to Jessica Alba)