PERSONAL FINANCE

My perfect career would be working as personal career advisors. This will provide a platform for me to expand my knowledge and skills apart from offering investment advices. With bachelor’s degree qualification I would be entitled to median pay of $89,160.

 Less 25% for tax

25%/100 = 0.25%

89,160 * 0.25= 22,290

89,160 – 22,290

= $66,870 as monthly income

In five years’ time $66,870 * 5

= $ 334,350

I would love to live in New York, Brooklyn. A home worth range from $170,000 in less than 1 acre having a complete three bedrooms with two to three bathrooms hosted in a 1420 square feet. The crime rate is 20 per one thousand people in Brooklyn which it will also the school district and preferably I would like to live in an apartment build not later than year 2014.

Tax owed = taxable assessment * tax rate

54% * $170,000

= $91,800

=$ 91800 * 0.6%

=$550.8

Expense

Telephone bills      $25

Water bills              $17

Gas and electricity $57

Cable bill                 $24

Car insurance          $67

Other insurance      $83

Air ticket                 $88

Football tickets      $76

Emergency care      $34

Miscellaneous expenses $ 56

Total expenses $527 +550.8

=$ 1077.8 less the amount of salary

=$66,870 - $1077.8

=$65792.2