Calli is 25 and a recent graduate of MSU. She completed HDFS 238 her senior year and realized there is a lot she hasn’t paid attention to around money. She just got a job and has moved to Battle Creek. She received a signing bonus that she has used to start a savings account. Her gross annual salary is $52,000; gross monthly salary is: $4,333 and her net monthly salary is $3,200. What is the overall balance of Cali's tangible assets? Here’s her situation: Assets: Car $ 2,000 Checking Account/Savings Acct $ 3,000 Grandma’s Diamond Ring $ 2,000 Cash $ 500 Liabilities: Car Loan Balance $4,000 Credit Card Balance $11,000 Student Loan Balance $15,000 Monthly Expenses: Rent $1000 Car Loan Payment $200 Food $200 Utilities $100 Insurances $100 Phone $100 Student Loan Payment $200 Credit Card Payments $400 Entertainment/Gas $200
Calli is 25 and a recent graduate of MSU. She completed HDFS 238 her senior year and realized there is a lot she hasn’t paid attention to around money. She just got a job and has moved to Battle Creek. She received a signing bonus that she has used to start a savings account. Her gross annual salary is $52,000; gross monthly salary is: $4,333 and her net monthly salary is $3,200.
What is the overall balance of Cali's tangible assets?
Here’s her situation:
Assets:
Car $ 2,000
Checking Account/Savings Acct $ 3,000
Grandma’s Diamond Ring $ 2,000
Cash $ 500
Liabilities:
Car Loan Balance $4,000
Credit Card Balance $11,000
Student Loan Balance $15,000
Monthly Expenses:
Rent $1000
Car Loan Payment $200
Food $200
Utilities $100
Insurances $100
Phone $100
Student Loan Payment $200
Credit Card Payments $400
Entertainment/Gas $200
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