FUTURE LIFE

SOCIAL PSYCHOLOGIST

• Average Annual Salary: $95,000
• Interest in culture and relations
• Makes large amount of money

CLOTHING

• Median cost of clothing/year in U.S: $1020
• + 3 family members: $4080 per year
• Mix of used and new clothing
• Add $200 for work clothes

TRANSPORTATION

• Work Cross-Bike: $360
• 2013 Kia Rio: $13,600 down payment
• $283 per month for 48 months
• Total: $27,544

FOOD

• Generally healthy foods
• Moderate Annual Food Budget (w/ Eating Out):
• Adult Female: $3648
• Family of 4: $10,440

SINGLE HOME

• $94,000 home ($360/month)
• 1 bed, 1 bath, A/C
• In Minneapolis, near Uptown
• 1st year, 25% down payment: $23,500

FAMILY HOME

• Condo w/ central cooling, garage, fireplace
• 3 beds, 1 bath; home value est. to increase
• Brooklyn Park, MN
• ($58,000 down, $1129/month for 30 years)
• Total: about $290,000

TECH

• Netflix: $96/year
• High Speed Internet: $360/year
• 2 iPads: $1000

DOG

• Yearly Costs for Med. Dog: $545
• Initial Costs: $170
• Adoption Cost: $350
• Total: $1065 for first year

SINGLE COSTS

• Less money than family life
• Could get by with careful planning
• With initial payments down , next years much easier

FAMILY LIFE

• Annual Household Salary: $190,000
• Total for 1st year needs & wants: approx. $100,000
• around $6,000 extra/month

CHOICES