Check out this web site!!!!! , It will give you.
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Cal-SOAP presents Money Matters!!!!
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Transcript of Check out this web site!!!!! , It will give you.
Cal-SOAP presentsMoney
Matters!!!!
CO
ST O
F LIVIN
G IN
CA
LIFOR
NIA Check out this web site!!!!! www.cacareerzone.com, www.californiarealitycheck.com
It will give you a reality check on how much you will have to make yearly to live the lifestyle of your dreams.
What is a “good” Salary
A good Salary depends on the lifestyle you want. You need to figure out what makes you happy in life, and what you can and can’t live without.
$14 an hour
$45,000 a year
$23 an hour
$18,000 a year
$34 an hour
$90,000 a year
Education levels
Graduation from High School Community College/Trade School
› 2-year program› Associate’s degree
Four-Year University› Bachelor’s degree
Additional schooling› Master’s degree› Doctorate degree
Care
er is
a L
IFES
TY
LE
Docto
rA
rtist
Doctors spend an average of 12-14 years in school after graduating high school
They can work any where from 40-80 hours a week and may have irregular working hours.
Most doctors earned between $132,953 and $321,686 in 2005.
An Artist lifestyle is based on commission and talent. More than 6 out of 10 artists were self-employed.
They work when they want to work. The lowest 10 percent of craft artists
earned less than $14,130, while the highest 10 percent of art directors earned more than $135,090 in 2006
Artist vs. Doctor
You work hard for your money
Instead of measuring a purchase in terms of dollars, consider measuring costs in terms of the number of hours you need to work.› To earn $1,000 you need to work at the minimum
67 hours at $15 an hour. (Don’t forget the government takes out money for taxes)
› If a car payment is $450 and you make $15 an hour, you need to work at least 30 hours a month just to make that payment. (Don’t you’ll need extra money for related expenses: gas, maintenance, car insurance, etc.)
So what does working full time mean?
Monday Tuesday Wednesday Thursday Friday
Time 9am-6pm 9am-6pm 9am-6pm 9am-6pm 9am-6pm
Total hours 8 hours 8 hours 8 hours 8 hours 8 hours
Total Hours For the Week 40
*1 hour lunch break included
Minimum Wage
Minimum Wage
A little above
Average
Way Above Minimum
Wage
Hourly $8 $22 $52
Weekly $320 $880 $2,083
Monthly $1,280 $3,520 $8,333
Yearly $15,360 $42,240 $100,000
Do what makes you Happy!
Country City Suburb
You choose the life style you want!
