*Insert Clever

Project Name
Here*
Ms. Bermudez
Math Teacher - 2029
● Industry: Education
● Company name: Buena Park High School
● Does this company fit your own goals in life:
Yes, this school fits the demographics of
students I want to help and teach. I want to
give back to my community and inspire
young minds to dream big and follow their
dreams.
- Gross Salary: $62,303
- Income Tax: $14,032
- Net salary: $48,271
Team FCU!
Schools First
● Pros: Better offers on loans. No spending fees.
● Cons: Not as well known. Lack of ATMs.
● Savings account: .20% APY
● Personal Loan: 6.70 - 18%
● Car Loan: 2.44 - 18%
● credit cards: 7.50 - 17.90% APR
Things I learned about credit:
1. You can’t finance, rent, or lease things without
a credit score history.
2. Banks and brokers use credit scores as a way to see
If they can trust you with paying borrowed money back.
3. Credit Cards are not bad if you use them properly and
make monthly payments on them
Budget
● Basic needs: $600 Net Salary: $48,271
● Insurance: $400
Monthly net income: $4,023
● Phone Service: $50
● Rent: $1,000
● Wifi service: $40
● Streaming services: $20
● Gym Membership: $22
Money Left-over monthly:
● Savings: $1000
● Miscellaneous/travel: $300 Income - Expenses= 4,023-3,432

= $591

Total monthly expenses: $3,432

Tesla Model 3
1. Full electric, 263 miles per charge, Red paint, 19” sport
wheels, black interior, Tesla Arcade
2. Total Loan amount: $36,118
a. Sale Price: $33,690
b. Sales Tax (8.75%): $2,948
c. DMV Registration fees: $3,718
d. Extended Warranty: $1,500
e. Gap insurance: $500
f. Dealer fees: $500
g. Downpayment (20%): -$6,738
3. Monthly Cost: $582
i. Fits in budget!!