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For this Final Project you will be using thing learned throughout this course. Your job is to create budgets and net worth statements for three stages in your life: college, about 30 years old, and retirement. Each stage of life has characteristics and tailor your budgets for what your life will be like. Please use calculators and other tools you find online to make realistic projections. Use the notes line to explain things to me that might not be easily assumed. Have fun!

C D E F G H I B Monthly Budget College Mid Career Retirement Notes: 5 Spendible Income 1250 4,000 4,000 1,400 150 150 50 7 EXPENSES: 8 HOME OR RENT: 9 Mortgage, Insurance and Property Taxes 10 UTILITIES: 11 Electricity 12 Water and Sewer 13 Natural Gas or Oil 14 Internet 15 Cell Phone 16 FOOD: 17 Groceries 18 Eating Out, Lunches, Snacks 19 HEALTH AND MEDICAL: 20 Insurance (medical, dental,vision) 21 Fitness (Yoga, Massage, Gym) 22 TRANSPORTATION: 23 Car Payments 24 Gasoline/Oil 25 Auto Repairs/Maintenance/Fees 26 Auto Insurance 27 Other Transportation (tolls, bus, subway, taxis) 28 DEBT PAYMENTS: 29 Student Loans 30 ENTERTAINMENT/RECREATION: 31 Cable TV/Videos/Movies 32 Hobbies 33 PETS: 34 Food 35 MISCELLANEOUS: 36 Toiletries, Household Products 37 Grooming (Hair, Make-up, Other) 38 Miscellaneous Expense 39 Parking and Uber 400 80 100 100 & % 200 41 Total Outroins 250 3,810 1,510 43 NET SAVINGS OR LOSS 190 2.490 46 F G H Net Worth Statement 3 ASSETS College Mid Career Retirement Notes: $1,500 $1,000 $15,000 $14,000 $0 SO $0 $29,000 5 Liquid Assets 6 Checking Account 7 Savings Account 8 Money Market Account 9 Total Liquid Assets 10 11 Investment Assets 12 Stocks 13 Bonds (other) 14 Total Investment Assets $2,000 $1,246 $70,000 $71,246 $2,000 15 $16,289 $5,000 $1,000,000 $500,000 $21,289 $1,500,000 16 Retirement Assets 17 401k 18 Roth IRA 19 Other 20 Total Retirement Assets 21 22 Personal Assets 23 Home 24 Autos 25 Personal 26 Other 27 Total Personal Assets 28 29 Total Assets $200,000 $10,000 $2,000 $5,000 $500 $0 $5,500 $400,000 $30,000 $10,000 $50,000 $490,000 $o $212,000 $5,500 $235,289 $2,090,246 30 31 LIABILITIES 32 33 1st Mortgage 34 Student Loans 35 Auto Loan 36 Credit Cards 37 38 Total Liabilities $10,000 $2,000 $3,000 $190,000 $40,000 $5,000 $5,000 $15,000 $240,000 $0 40 NET WORTH $(9,500) $ (4,711) $ 2,090,246 41 C D E F G H I B Monthly Budget College Mid Career Retirement Notes: 5 Spendible Income 1250 4,000 4,000 1,400 150 150 50 7 EXPENSES: 8 HOME OR RENT: 9 Mortgage, Insurance and Property Taxes 10 UTILITIES: 11 Electricity 12 Water and Sewer 13 Natural Gas or Oil 14 Internet 15 Cell Phone 16 FOOD: 17 Groceries 18 Eating Out, Lunches, Snacks 19 HEALTH AND MEDICAL: 20 Insurance (medical, dental,vision) 21 Fitness (Yoga, Massage, Gym) 22 TRANSPORTATION: 23 Car Payments 24 Gasoline/Oil 25 Auto Repairs/Maintenance/Fees 26 Auto Insurance 27 Other Transportation (tolls, bus, subway, taxis) 28 DEBT PAYMENTS: 29 Student Loans 30 ENTERTAINMENT/RECREATION: 31 Cable TV/Videos/Movies 32 Hobbies 33 PETS: 34 Food 35 MISCELLANEOUS: 36 Toiletries, Household Products 37 Grooming (Hair, Make-up, Other) 38 Miscellaneous Expense 39 Parking and Uber 400 80 100 100 & % 200 41 Total Outroins 250 3,810 1,510 43 NET SAVINGS OR LOSS 190 2.490 46 F G H Net Worth Statement 3 ASSETS College Mid Career Retirement Notes: $1,500 $1,000 $15,000 $14,000 $0 SO $0 $29,000 5 Liquid Assets 6 Checking Account 7 Savings Account 8 Money Market Account 9 Total Liquid Assets 10 11 Investment Assets 12 Stocks 13 Bonds (other) 14 Total Investment Assets $2,000 $1,246 $70,000 $71,246 $2,000 15 $16,289 $5,000 $1,000,000 $500,000 $21,289 $1,500,000 16 Retirement Assets 17 401k 18 Roth IRA 19 Other 20 Total Retirement Assets 21 22 Personal Assets 23 Home 24 Autos 25 Personal 26 Other 27 Total Personal Assets 28 29 Total Assets $200,000 $10,000 $2,000 $5,000 $500 $0 $5,500 $400,000 $30,000 $10,000 $50,000 $490,000 $o $212,000 $5,500 $235,289 $2,090,246 30 31 LIABILITIES 32 33 1st Mortgage 34 Student Loans 35 Auto Loan 36 Credit Cards 37 38 Total Liabilities $10,000 $2,000 $3,000 $190,000 $40,000 $5,000 $5,000 $15,000 $240,000 $0 40 NET WORTH $(9,500) $ (4,711) $ 2,090,246 41

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