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Julee's Monthly Financial Profile Monthly Pay (before taxes) 2,000.00 Monthly Expenses: Monthly rent Monthly auto loan payment Monthly credit card payments @ 4% Other monthly
Julee's Monthly Financial Profile Monthly Pay (before taxes) 2,000.00 Monthly Expenses: Monthly rent Monthly auto loan payment Monthly credit card payments @ 4% Other monthly loan payments (hospital debt) Monthly living expenses Monthly savings Total expenses 725.00 178.00 150.00 125.00 450.00 100.00 1,728.00 272.00 Leftover Money (Discretionary Income") Emergency Savings Fund Julee's Credit Card Balances 1,200.00 3,750.00 Assess Julee's Finances 1. What percentage of her income does Julee pay in rent? 715/2,000 - 36,25% 2. What percentage of her income does Julee need to satisfy her credit card payments, car loans and hospital debt? 32.65 150 *178 + 125/2000 - 22.65% 3. Does Julee have enough money in her emergency savings fund? Why?_NO hae 3-6% GT 4-6 thoustand Must 4. How do you assess Julee's overall financial picture? SUSSIA 5. What advice would you give Julee about her finances? total debt - 58.9%
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