Thursday, October 17, 2013

Homework: Financing My Dreams Patch

Fill out the worksheet that we started at the last meeting.  When you are done, turn it in to me and I will get you the patch.  This patch will go on the front of your vest.

1.  Explore dream jobs - pick 3 jobs (hopefully at least one will not be a "fantasy job").  Find the typical salary for that job - here is a website that might help from the Bureau of Labor Statistics.

2.  What is your dream home and where is it?  Find out how much it will cost - here is a website that might help from Redfin.

3.  Where would you go on your dream vacation?  Figure out how much it will cost (with hotel, airfare, rental car, food, tickets to attractions, spending money, etc.) - here is a website that might help from Travelocity.

4.  Who would you donate money to if you got to make the choice?  Pick a charity and how much you would donate a month.  If you would make 1 big donation per year, just divided that number by 12 so that you know how much you would spend per month.

5.  Figure out your additional living expenses.  You can ask your parents to help you with those numbers - they can be based on living in Seattle, even if your dream is to live in New York.

Does your salary cover all of the expenses that you would have living your dream life?

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