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I heard you couldn’t wait to be grown. How much does it cost?. Rent Car Insurance Car Payment Cable Electric Heat Water Cell Phone Internet. Fixed : Bills that you have to pay approximately the same amount every month.
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I heard you couldn’t wait to be grown. How much does it cost?
Rent Car Insurance Car Payment Cable Electric Heat Water Cell Phone Internet Fixed: Bills that you have to pay approximately the same amount every month. Fixed can also mean ‘consistent expense’; you know you have to pay these every month. Fixed Monthly Bills
Monthly Averages • Rent: $800-1500+ (1 bedroom depending on location) • Car Insurance: $200-250 (Male 16-25), $150-200 (female 16-25) • Car Payment: $250-350 (10-20k), $350-500 (25-35k), $600-1000+ (40k+) • Cable: $35-40 (basic cable), $ 45-80 (premium cable), $90+ (ultra premium) • Electric: $65-150+ (depending on A/C and weather) • Heat: $25-60+ (depending on appliances and weather) • Water: $25-40+ (depends on lawn, showers, etc) • Cell Phone: $35-199+ • Internet: $10-25 (Dial-up), $25-40 (DSL/Cable)
Clothes (self) Food (self) Household Necessities (toiletries, cleaning products, etc) Gas (Car) Variable; Bills that you can control or depend on your usage. You never know how much the bill will be and you can determine how much you will spend. Variable Bills
Food (formula, baby food; things that you will not eat) Clothes Necessities (diapers, medicine, etc) Daycare Formula: $9-35 Diapers: $15-35 Daycare: $320-400 (home), $500-1500 (school) Children: Little expensive bundles of joy
Additional Monthly Expenses • Health Care: $100-1500 • Credit Cards: $25-150 (per card) • College Loans: $100-500+ (per loan)
You have to have fun and look good…but can you afford it? • Dinner: $15-45 (per person) • Movies: $8-12 (per person) • Drinks: $7-15 (per drink) • Club Entry: $10-40 (per person) • Hair Done: $45-200 • Nails: $10-35 • Hair Cut: $10-25
How much do you want to make? • No H.S. Diploma: $1575/mo (18,900 yr) • H.S. Diploma: $2158/mo (25,900 yr) • College Degree: $3,783/mo (45,400 yr) • Advanced Degree: $6,068/mo (72,824 yr) • Doctorate (PhD): $6,802/mo (81,626 yr) • Masters in Business: $7,385/mo (88,626 yr) • Professional Degree: $9133/mo (109,600 yr)
Why should I get as many degrees as possible? • Each degree adds credibility to your skills or talents. • A degree informs others that you can be taught and you are disciplined. • A degree is proof that you have been exposed to a variety of situations and have succeeded.
Can I be successful without a college or advanced degree? • It takes longer and you have to work harder than everyone else who has one. • People may not believe that you know what you say that you know because you have no formal way to prove it. • Most employment requires some form of formal education. • You will have to hire people who have advanced degrees to give your company credibility.