He plans to el oul more in Austin, so he budgets $600 in food. In Lubbock he budgets $400 His health His housing in Lubbock will be $950. In Austin it will cost $250 inaurance is He will spend $350 on a car in either city. nol dependent on his locolion. Il is $300 per month. He will spend $150 on utilities in either city. more. 1. If Paul is wanting to be able to set the most amount of money aside for savngs, then which job offer is the better choice? Explain why. 2. Explain why it is not always best to take a job that offers the most amount of money.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Budgets
Independent Prastice
Paul is considering two dirferent job offers. Use the clues to help nim derermine which is the
best fil financialy in order lo meet his basic neecs.
AUSTIN, TX
$44,000 PER YEAR
LUBBOCK, TX
$39,000 PER YEAR
ITEM
EXPENSE
ITEM
EXPENSE
Rent
Rent
Food
Fooc
Transportation
Transportation
Ulilies
UThies
Insurance
Insurunce
Taxes
$400
Taxes
$350
Monthly Total
Annual Expenses
Monthly Total
Annual Expensos
Transcribed Image Text:Budgets Independent Prastice Paul is considering two dirferent job offers. Use the clues to help nim derermine which is the best fil financialy in order lo meet his basic neecs. AUSTIN, TX $44,000 PER YEAR LUBBOCK, TX $39,000 PER YEAR ITEM EXPENSE ITEM EXPENSE Rent Rent Food Fooc Transportation Transportation Ulilies UThies Insurance Insurunce Taxes $400 Taxes $350 Monthly Total Annual Expenses Monthly Total Annual Expensos
国圈國
He plans to eat
out more in
His housing in
Lubbock will be
$950. In
Austin it will
cost $250
His health
insurance is
nol dependent
on his locolion.
It is $300 per
Austin, so he
budgets $600
in fooc. In
Lubbock he
budgets $400
He will spend
$150 on utilities
in either city.
He will spend
$350 on a car
in either cily.
more.
month.
1. Ir Paul is wanting to be able to set the most amount of money aside for sav'ngs, tnen which
job offer is the better choice? Explcin why.
2. Explain why it is not always best to take a job that offers the most amount of money.
Transcribed Image Text:国圈國 He plans to eat out more in His housing in Lubbock will be $950. In Austin it will cost $250 His health insurance is nol dependent on his locolion. It is $300 per Austin, so he budgets $600 in fooc. In Lubbock he budgets $400 He will spend $150 on utilities in either city. He will spend $350 on a car in either cily. more. month. 1. Ir Paul is wanting to be able to set the most amount of money aside for sav'ngs, tnen which job offer is the better choice? Explcin why. 2. Explain why it is not always best to take a job that offers the most amount of money.
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