Planning for the future
By: Natalie Montandon
Occupation: Nurse Practitioner
Annual Income: 102,070
Degree needs: Master’s degree
College attending: Texas A&M University
Tuition per semester: 22,470
Total tuition to obtain degree: 89,880
School loan terms: total-89,880 interest rate- 4.6 % years-10
Additional interest for 2 year deferment:1871.68
School loan payment after deferment: 935.84
Address: 4208 Bowser Ave Apt 1
Loan terms: 4 years, total-216,900 intrest-3.79
Monthly payment: 1,009.43
Total interest over the life of the loan: 216,900
Terms of the loan: 10 years total-29,610 intrest-3%
What was your biggest learning experience throughout this project? Why?
That you don’t just buy things you want you have a budget and things to pay off
What adjustments did you have to make throughout the project to stay within budget and why?
Give things up that I would won’t but couldn’t afford, because I wouldn't stay on budget
How does this compare your initial ideas of beginning adulthood?
I thought that stay on budget was easy and not a lot of work but this showed me it was a lot of math and hard work to stay within budget