1. Julias rent is $650 per month, her utilities are $100 per month, and her car payment is $210 per month. Julia is currently paying $150 per month to her orthodontist for her braces. If Julias groceries cost $60 per week and she estimates her other expenses to be $150 per month, how much will she have left each month to put toward savings to reach her financial goals?
2. Her new car payment would be $325 per month, and her insurance cost would increase by 60 per month. Julia determines that her other car-related expenses (gas, oil) would stay about the same. What is the opportunity cost if Julia purchases the new car?
3. Mias monthly cash inflows are $2,000, and she has monthly expenses of $1,650. What is Mias net worth?