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    This document provides an estimate of the weekly, monthly, and yearly costs of living independently. It outlines expenses such as car payments ($266.86/month), car insurance ($60.50/month), gas ($250/month), rent or mortgage ($500/month), utilities like internet and cell phone ($100/month combined), groceries ($250/month), and miscellaneous costs like laundry, entertainment, and clothing. The total estimated yearly costs are $23,888.32 in expenses versus the suggested minimum net yearly income of $33,443.65 to live independently. It also provides details of a 5-year car loan for $12,500 at 10% interest with monthly payments of $266.

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    This document provides an estimate of the weekly, monthly, and yearly costs of living independently. It outlines expenses such as car payments ($266.86/month), car insurance ($60.50/month), gas ($250/month), rent or mortgage ($500/month), utilities like internet and cell phone ($100/month combined), groceries ($250/month), and miscellaneous costs like laundry, entertainment, and clothing. The total estimated yearly costs are $23,888.32 in expenses versus the suggested minimum net yearly income of $33,443.65 to live independently. It also provides details of a 5-year car loan for $12,500 at 10% interest with monthly payments of $266.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views2 pages

    Excel

    Uploaded by

    api-300241947
    This document provides an estimate of the weekly, monthly, and yearly costs of living independently. It outlines expenses such as car payments ($266.86/month), car insurance ($60.50/month), gas ($250/month), rent or mortgage ($500/month), utilities like internet and cell phone ($100/month combined), groceries ($250/month), and miscellaneous costs like laundry, entertainment, and clothing. The total estimated yearly costs are $23,888.32 in expenses versus the suggested minimum net yearly income of $33,443.65 to live independently. It also provides details of a 5-year car loan for $12,500 at 10% interest with monthly payments of $266.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Item:

    Auto:

    How much does it cost to live on your own?


    Weekly cost:
    Monthly Cost:
    Car Insurance
    Gas/Fuel
    Car Payment

    Yearly cost:

    $
    $
    $

    15.13 $
    62.50 $
    66.72 $

    60.50 $
    250.00 $
    266.86 $

    726.00
    3,000.00
    3,202.32

    $
    $
    $
    $

    25.00
    15.00
    17.50
    15.00

    $
    $
    $
    $

    100.00
    60.00
    70.00
    60.00

    $
    $
    $
    $

    1,200.00
    720.00
    840.00
    720.00

    $
    $
    $
    $
    $
    $

    2.50
    5.00
    2.50
    5.00
    20.83
    7.50

    $
    $
    $
    $
    $
    $

    10.00
    20.00
    10.00
    20.00
    83.33
    30.00

    $
    $
    $
    $
    $
    $

    120.00
    240.00
    120.00
    240.00
    1,000.00
    360.00

    62.50 $

    250.00 $

    3,000.00

    Healthcare:
    health insurance:

    25.00 $

    100.00 $

    1,200.00

    Rent/mortgage

    125.00 $

    500.00 $

    6,000.00

    personal care:
    hair
    laundry

    $
    $

    2.50 $
    5.00 $

    10.00 $
    20.00 $

    120.00
    240.00

    $
    $
    $

    5.00 $
    6.25 $
    6.25 $

    20.00 $
    25.00 $
    25.00 $

    240.00
    300.00
    300.00

    Bills/Utilities
    internet/cable/phone
    natural gas
    electric
    cell phone
    entertainment/hobbies
    going out to movies
    dvds/cds
    tickets
    dinning out
    hockey
    games
    food:
    groceries

    shopping:
    Books/education
    clothing
    electronics/software

    $ 23,888.32 net pay


    $ 33,443.65

    car

    intrest rate per year


    principal
    term
    monthly payments

    10%
    $ 12,500.00
    60 months
    ($266.86)

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