Scenario: You are $30$ years old and feel like you are getting nowhere with your financial goals. At the end of each month, you have a

hard time understanding where all your money went. You have decided it is time to take a hard look at your current financial status.

You currently have $$80$ of cash on hand, a checking account with a balance of $$600,$ and a savings account containing $$1,500.$ You own

a small condo currently worth $$120,000$ with a mortgage on which you still owe $$100,000,$ and on which you pay $$600$ per month. You

own personal property $($furniture$,$ television, computer, etc.$)$ worth $$8,000.$ You have inherited Treasury bonds from your late aunt worth

$$12,000.$ You participate in a $401(k)$ retirement plan, now worth $$30,000,$ in which you are $100\%$ vested. You own a car originally

valued at $$28,000,$ now worth $$12,000,$ on which you still owe $$1,200,$ and make monthly payments of $$250.$ Finally, you have credit

card debt of $$2,500$ on which you pay a constant $$125$ per month.