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Financial Literacy

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Financial Literacy - Page Text Content

FC: By: Meredith Linka

1: My Job | I dream of being an elementary school teacher someday. I will accomplish this by going to UNCW for a bachelor's degree in elementary education. I am applying for several scholarships to make it more affordable. If I do not get enough money from scholarships, I will go to the community college for my associate degree, and then transfer to Wilmington Average Starting Salary: $30,779

2: I don't want to have a car that burdens me with high monthly payments, as teachers in North Carolina do not make a ton of money. I chose a very modest Used 2004 Hyundai Santa Fe 2WD 2.7 with 53,000 miles on it. Price: $5,000 Monthly payment: $124.43 Monthly gas estimate: $150 Yearly inspection: $30 | My Car

3: My House | I hope to have a simple, reasonably priced middle-class family home. By the time I buy a house, I will probably be married. Both of our jobs can help with the down payment, and we will take out a loan for the rest. Price: $300,000 Monthly mortgage: $1,836 Electric bill: $200/m Water bill: $50/m

4: My Vacations | Because I want to live in the mountains of NC, I will probably want to take family vacations to the beach. Hotel: $80/night Gas: $200 Food: $80/day

5: Sources: http://www.nea.org/home/2011-2012-average-starting-teacher-salary.html

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  • By: Meredith L.
  • Joined: about 6 years ago
  • Published Mixbooks: 1
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About This Mixbook

  • Title: Financial Literacy
  • Success 101
  • Tags: None
  • Published: almost 6 years ago