Jackson Mississippi is trying to determine his financial situation by analyzing his assets, liabilities, expenses and income. He has a stable job from which he receives a monthly salary of $28,000. He has a one-month T-bill investment for $18,000 that pays him a $800 interest that he receives each month. He lives in a house with a value of $1010,756 and drives a car with a value of $120,000. He is still paying for the house mortgage, for which he still owes $750,600, and the car credit for which he still owes $32,000. He owns some other assets, like a $25,000 computer and a $10,000 T.V. He has some short-term stock investments from which he sold $3,000 this month, leaving only $4,000 invested. This month, he spent $1,500 on his phone and electricity bills, $3,200 on his car payment and $8,000 on his mortgage payment. On food, gas and entertainment, he spent $8,000. He has a credit card with a $5,500 balance and an Elektra credit with a $2,200 debt. He made payments to his credit card for $450 and to his Elektra credit for $300. He has a savings account with a $4,000 balance and has $5,000 in cash.