Financial Algebra

Period 2
 Budget Profiles Project

Budget Requirements:

1.) Occupation & Job Description

2.) Average Salary (Per Week/Month & Annually)
3.) Fixed & Variable Needs
4.) Variable Wants
5.) A monthly/annual living budget (one or two slides)
After teacher, slides are listed in alphabetical order of first names!
Mr. Pace

Grocery Clerk
Monthly Salary $ 2,500.00 40 + hrs/week

# Job Description

1. Stock shelves. Stock some more. Keep stocking!

2. Make the produce look nice & pretty

3. Ring that register.

4. Mop, mop, mop all day long.

 Mr. Pace Grocery Worker Budget Example . . .
1.) Fixed Needs
a.) Rent $600/month
b.) Food $100/month (grocery worker discount)
c.) Car Payment + Insurance + Gas $400/month
d.) Clothes ~ $480/year
e.) Internet/Phone $50/month
2.) Variable Wants
a.) Books/Etc. - $25.00/month
b.) Investments $200/month
c.) Dining-Out/Fun Activities $100/month
3.) Monthly Budget: $ 2,500
-$600 Rent
-$100 Food
-$40 Clothes
-$400 Car
-$325 Extra Activities
= $1,035 Left over
 Student 1
Line Cook 0-1 year experience $2,158.4 monthly average
1.) Monthly Salary
a.) 2,158.40 3-5 years experience $2,380

5+ years experience $2,568

2.) Description:
a.) Will work in a restaurant, hotel, or corporate cafeteria
b.) A member of typically a group of cooks whos job is
to prepare food for consumption by customers.
c.) Under command by the head chef
d.) Be overcome with stress when a group of 20 orders
all at once
e.) Time all the meals you make so the customers get their
food when it's hot.
f.) Have good time management as well as communication
with others.
 Budget Slide
1.) Fixed Needs
a.) Rent $1291 downtown Loveland apartment
b.) Food $250 groceries a month
c.) Clothes $200 every 6 months (2 6 packs of white and black shirt, pair of
shoes, 2 shorts and dickies pants
d.) Work outfit $50
e.) Gas $40 a month
2.) Variable Wants
a.) Car $3000 one time fee ($110 a month for 30 months) 10% interest one
time rate
b.) Fortnite V-bucks $20 a month
c.) Wifi $60 a month
d.) Iphone 12 $26.67 a month
3.) $2,158.40
-$1291 -$40 -$26.67
-$250 -$110 Total: left $277.4 (to put in a savings account and stocks)
-$33.33 -$20
-$50 -$60
Student 2

Job Description: Judges overlook trials, instruct juries, and gather

Information and give a verdict based on the information and what they
See fit (if the judge makes the final decision) And More!!!

For administrative law judges, adjudicators, and hearing officers:

Median Annual Salary: $99,850 ($48 /hour)

Top 10% Annual Salary: More than $169,640 ($81.56/hour)
Bottom 10% Annual Salary: Less than $45,120 ($21.69/hour)

For judges, magistrate judges, and magistrates:

Median Annual Salary: $133,920 ($64.38 /hour)

Top 10% Annual Salary: More than $193,330 ($92.95/hour)
Bottom 10% Annual Salary: Less than $34,790 ($16.73/hour)

11,160 monthly (According to here!)

Budget Slide

Needs:
Rent: 1,201
Food: 277
Clothes: 150

Wants:
Car: 500
Caffeinated drinks: 100
Eating out: 50

Left Over: 8,882

Saving, In case Cash

Investing
 Student 3
Job Description/Occupation :
- Restaurant Waiter/Waitress Average Weekly Hours : 40 or more
Average Salary :
- Weekly : $554.64 a week.
- Monthly : 2,218.56 a month.
- Yearly : 29,867 a year.
Fixed and Variable Needs (per month) :
- Food - Cost: $ 150
- Health Insurance - Cost: $ 456.67
- Car Payment - Cost: $ 477.33
- Car Insurance - Cost: $ 133
- Gas - Cost: $ 72.10
- Utilities - Cost: $ 82.47
- Rent - Cost: $ 1,025
- Clothing - Cost: $ 134
 Budget Slide

Variable Wants (monthly)

Left Over - $ 3.25 I will put that into
- Netflix - Cost: $ 8.99
- Disney + - Cost : $ 7.99
savings
- Hulu - Cost: $ 64.99
- Xbox Game Pass Ultimate - Cost: $ 14.99
- Car and Driver Magazine - Cost: $ 19.99 (for one year)

Monthly Annual Living Budget = 2,218.56

- Food - $ 150 - Hulu - $ 64.99
- Rent - $ 1,025 - Xbox Game Pass Ultimate - $ 14.99
- Utilities - $ 82.47 - Unlimited Phone plan - $ 135
- Health Insurance - $ 456.67
- Car Insurance - $ 133
- Gas - $ 144.20
- Netflix - $ 8.99
 Student 4
Head Chef - is a highly skilled cook who oversees the the operations of a restaurant or dining facility. They
are responsible for the food that comes out of the kitchen
Duties are controlling and directing the food preparation process, approving and polishing dishes before they
get to the customer, creating food items and recipes, and determining food inventory.
60 hours worked per week
Average salary
Year 88,728.00$
Month 5,791.00$
Week 1,336.00$
Fixed needs variable needs variable wants
rent - 1,468
Water bill - clothing - 161.00 phone - 750.00
Heat bill - 82.47 groceries 345.00
Electricity bill - dentist - 200.00
Vehicle insurance - 397.00 gas- 72.10 brownies - 3.65
Health insurance - 456.00 doctor visits - 300.00 netflix - 17.99
Car - 523.00
 Budget Slide

Monthly Annual living Budget = 5,791.00

- Rent - Cost: $ 1,468.00
- Utilities - Cost: $ 82.47
- Car Payment - Cost: $ 523.00
- Vehicle Insurance - Cost: $ 397.00
- Gas - Cost: $ 72.10
- Health Insurance - Cost: $ 456.00
- Clothing - Cost: $ 161.00
- Groceries - Cost: $ 345.00
- Dentist - Cost: $ 200.00
- Doctor - Cost: $ 300.00
- Phone - Cost: $ 750.00
- Brownies - Cost: $ 3.45
- Netflix - Cost: $ 17.99
Putting 1097.25 $ into savings
Student 5 ANA CHAVEZ ……………...

FORENSIC SCIENTIST

https://www.youtube.com/watch?v=xL A Forensic Scientist processes evidence to

_RyEyE3ms assist prosecution in criminal cases
Budget Slide 1
2.) Description
1.) Salary
● $67,072 per year
● $5,589.33 per month
● $34.93 per hour
a.) Take photographs of the
crime scene and evidence.
b.) Make sketches of the crime
scene.
c.) Record observations and
findings, such as the
location and position of
evidence.
d.) Collect evidence, including
weapons, fingerprints, and
bodily fluids.

Average hours: 40
hours/week
1.) Fixed Needs
a.) Rent $1488.525 Budget Slide 2
b.) Food $ 400 per month
c.) Clothes $1200 a year
d.) Gas $100
2.) Variable Wants
a.) Car $500 per month
b.) Eating out $400
c.) internet $40 per month
d.) Phone $30
e.) Makeup $50 per month
3.) 5,589.33
-500 Car
-400 eating out
-40 internet
-30 phone
-50 makeup
-1488.525 rent
-400 food
-100 clothes
-100 gas

= 2,480..805 Left over