financial literacy project

by: KOLE PAINTER

Occupation: airline pilot

  • Annual Income: $131,760-

  • Degree needs: bachelor's degree

College attending: the university of texas

  • Tuition per semester: $4,429 per year

  • Total tuition to obtain degree:71,608

  • School loan terms:30

  • Additional interest for 2 year deferment: 78347.458528

  • School loan payment after deferment: 401

address: 431 mae dr. Justin, tx 76247

loan terms:the house is going to be 175,000 dollars

mothly payment:$761.61

total interest over the life of the payment:36.17%

Vehicle:2002 bmw m3 convertible

terms of loans:$11,044

monthly payment:$185

total interest over the life of the loan:$1,049

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Reflection:

What was your biggest learning experience throughout this project? I get to learn what I got to do In the future and I don’t have to stress out when I get to too pick. I get to find out all of the things I’m going to do in the future.

Reflection:

What adjustments did you have to make throughout the project to stay within budget and why? I had to change my car and make sure it was enough to get all of the essentials. I had to do that because I was going to go over my budget and not be able to get all of things I needed.

Reflection:

How does this compare your initial ideas of beginning adulthood? it really change my ideas I wanted to be a football player but I think I want to be a airline pilot.