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Jasmine’s Budget . By: Junell Ward. Info About Jasmine. Graduated from high school 2yrs ago Lives with aunt and pays $400 a month for rent Works 25-30 hours a week as an medical assistant She makes about $18,000 in take home pay Attends KCC and has a tuition that cost $1750 per semester
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Jasmine’s Budget By: Junell Ward
Info About Jasmine • Graduated from high school 2yrs ago • Lives with aunt and pays $400 a month for rent • Works 25-30 hours a week as an medical assistant • She makes about $18,000 in take home pay • Attends KCC and has a tuition that cost $1750 per semester • She has $1,000 in savings from a relative who passed away
Jasmine’s Plans • She plans on moving out and sharing a apartment with a friend. • She wants to buy a laptop for school.
Budgets Monthly Budget Yearly Budget
The Apartment She Will Choose • Jasmine will choose the first apartment because it is cheaper, so she can afford the rent. • She will be living by herself because this apartment has a one bedroom. Lets Do The Math: Rent: $650/mo Security: $650 No Brokers Fee Add the first month rent with the security. The total she will be paying is $7800.
How Will She Get A Apartment?? • She will save three paychecks in order to pay for her first month rent and security. • She would also use some of her $373.33 from the amount saved to pay her cell phone, cable bill, and food .
Jasmine’s Year Ending Results • If she sticks to this plan she will have $ 9331.35 left over to buy a nice laptop which is the HP mini 210 series for $299.99 and anything else she needs. • Even though her apartment is in a high crime area , she will just have to deal until she graduates college.