Budget Project

By Eli Miller

Education

University Of North Texas, Bachelors Degree

Tuition per semester: $2,595.24

Total Tuition to obtain degree: $20,761.92

School Loan Terms: $40,084.83

Additional Interest for 2 year deferment: $45,721.72

School loan payment after deferment: $45,721.72

Employment

Interior designer located in London, UK.

Requirements: Bachelors degree, no experience

Hourly Pay

Yearly Income: $73,180 Gross Monthly Income: $6098.33

Income taxes: $14,636

Net Monthly Income: $4878

How will math be used in your career?: Area, Perimeter, Measurements, writing equations.

Transportation

(I would have to live in London if I wanted to work there, so I would be able to take advantage of the London Underground and not have to own a car or car insurance.)


Monthly cost of public transportation (if you were to take the underground every day): $210.21

Total spent per month on transportation: $210.21

Home

Monthly Rent: $1,500

Electricity

Company Name: N/A (Provided by apartment complex)

Price Per Kilowatt Hour: Cost included in rent

Estimate of average monthly cost: $241

Internet

Is it a bundle with cable?: Yes Company Name: Centurylink

Monthly Cost: $19.95

Insurance

Company name: Progressive

Covered in plan: Theft & Fire

Monthly cost: $116


Total spent per month on housing: $1,676.95

Living

Average spent monthly on groceries: $456.23

Phone

Company Name: Sprint

Plan: Unlimited Talk Text & Data

Monthly cost: $75

Clothing

Average spent per month: $125

Entertainment

Television: $45/mo

Video Games: $120/mo

Average monthly cost: $165

Total spent per month on living: $715.40

Family

Married: No

Children: No

Child care: N/A

Health Insurance

Company name: Tricare

Monthly cost of Insurance for family: $47.90/mo

Total cost spent per month on family: $47.90