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>DO WHAT YOU LOVE …

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You got your first paycheck!! Looks pretty good – right ?

Let’s say you make $30,732 a year ($2,561 a month), about the average for a high school graduate.

Imagine your first job …

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You start paying your bills … What’s left

Breaking down the costs …

Item $ What’s Left Income Tax $370 $2,191

Social Security/Medicare $190 $2,001 Health Care $50 $1,951

Housing $725 $1,226 Food $300 $926

Car Payments $200 $726 Car Insurance $100 $626

Car Maintenance $100 $526 Phone $60 $466 Utilities $100 $366 Clothing $60 $306

Entertainment $60 $246 Savings $100 $146

Medical Expenses $80 $66 Furniture, TV, Appliances $30 $36

Miscellaneous $36 $0

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You start paying your bills … What’s left

If you start with $38,272/year (2 year degree)

Item $ What’s Left

Income Tax $420 $2769 Social Security/Medicare $210 $2559

Health Care $50 $2509 Housing $750 $1759

Food $300 $1459 Car Payments $200 $1259 Car Insurance $100 $1159

Car Maintenance $100 $1059 Phone $60 $ 999 Utilities $100 $ 899 Clothing $60 $ 839

Entertainment $60 $ 779 Savings $100 $ 679

Medical Expenses $30 $649 Furniture, TV, Appliances $30 $619

Miscellaneous $45 $574

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