Claire Tracey 5/3/2013 Description of Job: I will be work full time from 9:00 to 5:00 Monday through Friday.

As a paralegal I will assist the attorney with administrative needs and draft documents for closings. Starting salary: 47,000 Amount of money I pay in taxes is $5,179. Which means I will be bring home $41,821.

Total Spent Per Month:$1,823.61 Total Spent Per Year: $ 21,883.32 Total After-tax Income per Month:$3,485.08 Total After-tax income per Year: $41,821 Housing: I am sharing an apartment with Conner in Decatur, Georgia. We will split the cost each of us will pay $279.50 each month. The apartment includes a dishwasher,garbage

disposal,washer and dryer. The building features cable or satellite t.v. The community features a pool, playground and a laundry facility. Car: I am going to buy a 2003 Ford Escape Limited. The total cost of my car is $3,943 and I will be paying $110 a month for 36 months. Insurance: My insurance is through Progressive. My insurance coverage will cover bodily injury and property damage liability collision, comprehensive,and rental car reimbursement for $224.95 a month with a starting payment of $368.25 every 6 months. The total pay in insurance is $1345.00. Student Loans: The Federal Stafford loan, Perkins Loans and Federal Plus student loans is between 5% and 7%. Loan Balance: $20,000.00 Adjusted Loan Balance: $20,000.00 Loan Interest Rate: 6.80% Loan Fees: 0.00% Loan Term: 10 years Minimum Payment: $50.00 Enrollment Status: In Repayment Degree Program: Master's Degree Total Years in College: 4 years Average Debt per Year: $5,000.00 Monthly Loan Payment: $230.16 Number of Payments: 120 Cumulative Payments: $27,619.31 Total Interest Paid: $7,619.31

Cell Phone: My cell phone is a trac phone it will have unlimited everything because you pay as you go. I would set aside $40 for my phone and minutes. Credit Card: I owe $189 on my credit card with an interest rate of 17.9%.By only making minimum payments it will take 11 more payments or 0.9 years to pay off the remaining balance. I will pay $16 dollars a month and pay it off in 11 more months.

Food and Gas: A family of four to six with an annual income of $75,000 would set aside $500 per month for groceries. Since there is only one of me I will set aside $200 dollars a month for gas and groceries. Conner and I will car pull when we can. Entertainment: I will set aside $300 a month for entertainment and other items. Clothing: I would set aside $250 for clothing and hygiene items. Savings: Bank of America would charge a $25 opening fee. You must maintain a minimum daily balance of $300. For with drawls, if you have more than 3 a month, you must have a minimum daily balance of at least $2,500. The total interest rate they would set is 0.01% for all balances. I would set aside a $300 dollars a month and after 5 years I would have saved $17,729.32.

Work Citied
Job Job : http://www.indeed.com/salary/Real-Estate-Paralegal.html Job description source: my aunt For amount of taxes I pay: http://www.financialcalculators.com/ Housing http://www.homes.com/listing/178716060/Robins_Landing_DECATUR_GA_30032 Car http://www.autotrader.com/cars-forsale/vehicledetails.xhtml?zip=30033&endYear=2007&modelCode1=ESCAPE&sortB y=derivedpriceASC&showcaseOwnerId=3043086&startYear=1997&makeCode1=FO RD&sellerTypes=b&searchRadius=25&maxPrice=5000&bodyStyleCodes=SEDAN% 2CSUV&mmt=%5BFORD%5BESCAPE%5B%5D%5D%5B%5D%5D&listingId=3435 72309&Log=0 Insurance https://mpq.progressivedirect.com/DisplayPage.aspx Student Loans http://www.finaid.org/calculators/scripts/loanpayments.cgi Cell Phone http://www.tracfone.com/?utm_source=Google&utm_medium=cpc&utm_campaign= DR_SEM Credit Card

http://www.calcxml.com/calculators/how-long-will-it-take-to-pay-off-my-creditcard?skn=#calcoutput Food and Gas http://realmoney.areavoices.com/2011/06/17/groceries-how-much-should-youspend/ Savings

https://www.bankofamerica.com/products/deposits/savings-accounts/regular- savings-account
http://www.ally.com/bank/online-savings-account/calculator.html