Question
Based off the following info answer the questions at the bottom: (Questions are bold ) jessicas Net (After-Tax) Salary (Real Estate Property Manager) ......................$ 78,000
Based off the following info answer the questions at the bottom: (Questions are bold )
jessicas Net (After-Tax) Salary (Real Estate Property Manager)......................$ 78,000
Jeremys Net (After-Tax) Salary (Videographer)..............................................$ 42,000
401k annual contribution rate (for both, from net Salary).............................. 3%
401k balances......................................................................................$ 12,482
Sams Annual Income from Winnings (Axe Throwing Pro)............................$ 6,000
Current Monthly Rent..........................................................................$ 1,800
2019 Ford F150 Trade-in Value.............................................................$ 26,500
Jewelry Value (Engagement Ring, Earrings, Custom Axe Bling)............................$ 27,700
Checking Account Balance....................................................................$ 1,500
Savings Account Balance......................................................................$ 21,500
Car Fund Money Market Account Balance.............................................$ 6,500
Sams Custom Axe Set..........................................................................$ 3,400
Roth IRA Account ($12,000 are contributions from 2015)..................................$ 17,500
Schwab Brokerage Account (Apple 200 shares @ $129.93/share on Dec 31)........$ 25,986
F150 Loan Balance, Ford Motor Credit..................................................$ 15,978
Current BOA Credit Card Balance (They want to pay it off in 9 months).............$ 16,490
Groceries HEB, Specs, Whole Foods (Monthly).......................................$ 1,800
Dining out (Monthly)...............................................................................$ 1,500
Renters Insurance (Annual)....................................................................$ 380
Auto Insurance (Monthly).......................................................................$ 310
Minimum BOA Credit Card Payment (Monthly)........................................$ 495
Gasoline (Monthly).................................................................................$ 350
Auto Maintenance, Tolls, and Tags (Monthly)...........................................$ 150
Entertainment (Peacock/Netflix, Axe Throwing, Clubbing, WinStar monthly)...........$ 2,000
Kay Jewelrys Account Balance..............................................................$ 26,850
Kay Jewelry's Monthly Payment............................................................$ 584
New Home Monthly Savings ................................................................$ 1,500
Annual Vacations ................................................................................$ 12,000
Average Water/City Utilities/Waste Services (monthly).............................$ 285
Monthly Cell Phones, Internet, and TV..................................................$ 515
Annual charitable.................................................................................10% (total income)
Student loan balance...........................................................................$ 14,430
Monthly Student loan payment............................................................$ 370
Monthly Auto loan Payment.................................................................$ 462
Car Savings (monthly).............................................................................$ 50
Crypto (Bitcoin 1 coin $16556/coin, Ethereum 10 coins $1201/coin on 12/31)........$ 28,566
Miscellaneous Expenses (just-in-case, Monthly)...........................................$ 500
Enter the total monetary assets:
Enter the total non-retirement investment assets:
Enter the total retirement assets:
Enter the total automobile and personal property assets:
Enter the total assets:
Enter the total Current Liabilities:
Enter the total amount for Long-Term Liabilities:
Enter the amount for total liabilities:
Enter the amount for Net Worth:
Enter the amount for total liabilities and net worth:
Enter the Emergency Fund (Liquidity) Ratio (to the nearest 2nd decimal 0.00):
Enter the debt ratio (round to the nearest 2nd decimal, 0.00):
(Convert your answer to %. Example: 0.62 = 62%. Enter 62 as your answer):
Enter the amount for the debt to income ratio:
(Round to the nearest 2nd decimal, convert your answer to %. Example: You get 0.2155 as your answer. 0.2155 = 21.55%. Enter 21.55 for 21.55%):
Enter the amount for the savings ratio:
(round to the nearest 2nd decimal, convert your answer to %. Example: enter 21.55 for 21.55%)
Enter the amount for the investment assets to total assets ratio (round to the nearest 2nd decimal, convert your answer to %. Example: enter 21.55 for 21.55%):
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