Assignment 10

WISH LIST

Housing

HousingTwo-Bedroom Trailer

Good condition, garden in place, deck, playground, close to major highways. Excellent school in neighborhood. Located in rural area.

Cost: $55,000

Rent: $400/Month

Mortgage: $470/Month

Six-bedroom Rambler – built on a half-acre lot, gorgeous landscaping. Located 45 minutes from downtown in a rural area, upgraded kitchen, sprinkling system, 2 ½ baths

Cost: $400,000

Mortgage: $2,200/month

The Fixer-Upper

Small “fixer-upper” in a run-down neighborhood with higher levels of crime and on a busy road. Very close to city. 2 bedrooms, 1 bath, hardwood floors, air-conditioning.

Cost: $150,000

Rent: $750/month

Mortgage: $900/month

Cutie Patootie

Cute but small three-bedroom house only 20 minutes to city limits in desirable area, close to the University. Built in 1925, needs repairs. Highly valuable area.

Cost: $250,000

Rent: $1,100/month

Mortgage: $1,500/month

Basement Apartment

Small studio apartment (one-room) in semi-restored older home. Hot plate and fridge, shared bath, laundry in basement. 20 minutes to downtown.

Rent:$520/month

Comfortable Mid-Size House

Midsize house in good area, in a quiet area. Needs some work, three bedroom. On road with higher traffic.

Cost: $219,000

Rent: $1,000/month

Mortgage: $1,300/month

Stylish Executive Home

Nestled near the mountains in an exclusive neighborhood, close to ski resorts, and far from the nearest grocery store. 6 bedrooms, 4 baths.

Cost: $620,000

Mortgage: $3,500/month

Grandma’s House

Small, cute, and a little fussy. Located on a busy road in an unpopular area of town. Landscaped, 2 car garage, 4 bedrooms, 2 baths, more than 50 years old.

Cost: $120,000

Rent: $550/month

Mortgage: $700/month

Restored House

Restored four-bedroom century home in the heritage district. Original moldings, tow working fireplaces, hardwood floors, modernized kitchen and baths. Close to capital city.

Cost: $360,000

Rent: $1,700/month

Mortgage: $2,000/month

Apartment Suite

One-bedroom-plus-den high-rise suite. Washer-dryer, dishwasher, two bathrooms. Skyline view, club room and weight-room facilities.

Cost: $112,000

Rent: $1200/month

Mortgage: $1500/month

Condo

Three-bedroom, two-bath end unit in ten-year old subdivision. Five appliances, mature trees, close to school, excellent condition. Pay HOA fees.

Cost: $190,000

Rent: $950/month

Mortgage: $1,100/month

HOA Fees: $50.00/month

Duplex

Three-bedroom, 2 ½ bath in a renovated midtown duplex. Ten-foot ceilings, no yard, quiet street.

Cost: $180,000

Rent: $900/month

Mortgage: $1,000/month

Upscale 4-Bedroom House

Four bedroom, 3 bath, in upscale area. Close to good schools, about 20 minutes from metro area. Shopping nearby, but in a nice neighborhood. Not on a busy road.

Cost: $300,000

Mortgage: $1,703/month

Inner City Home

4 bedroom, 2 bath, in less popular part of town. Beautiful home, but a more dangerous neighborhood. On a quiet street.

Cost: $207,000

Rent: $1,050

Mortgage: $1,250/month

Midsize Apartment

Two-bedroom walk-up apartment in midtown. Close to shopping, transit, and theaters.

Rent: $450/month (live with roommate)

Rent: $850/month (live by yourself)

Rent: $250/month (share room w/ roommate)

Living at home with parents/family

Rent: $50/week, $200/month

Mansion

8-Bedroom, 5-bath mansion in private area. Great view, horse property, recent upgrades and remodeling, separate apartment downstairs.

Cost: $1,099,000

Mortgage: $6,300/month

YOUR PARENT’SHOUSE HERE

Transportation

If you are married, you must choose a transportation option for EACH of you.

Volkswagen Beatle

New: $24,000 = $450/month

Used: $13,000 = $250/month

Ford Explorer

New: $32,000 = $600/month

Used: $20,000 = $400/month

Hyundai Accent

New: $10,000 = $180/month

Used: $5,000 = $100/month

Mini Convertible

New: $21,000 = $400/month

Used: $11,000 = $200/month

Chevrolet Silverado

New: $28,000 = $550/month

Used: $18,000 = $350/month

Porsche Boxster

New: $50,000 = $950/month

Used: $18,000 = $650/month

Chrysler Town and Country

New: $27,000 = $500/month

Used: $19,000 = $350/month

10-year-old Volvo Turbo

Used: $7,000 = $150/month

Oldsmobile Intrigue

Used: $4,500 = $100/month

Piece of Crap Car

Used: $1,200 = $100/month

More used: $700 = $50/month

Dodge Viper

New: $86,000 = $2000/month

Hummer

New: $120,000 = $2500/month

Bicycle

New: $800 = $65/month

Economy: $200 = $20/month

Bus Pass

$50/month

Motorcycle

New: $6,000 - $275/month

Used: $95/month

Taxi

1 to 5 times a week: $40 to $240/month

10 to 20 times a week: $400 to $800/month

Pickup

New: $15,500 = $295/month

Used: $4,500 = $150/month

Groceries

Budget: The bare necessities like bread, milk, eggs, etc.

Cost: $150.00/month for 1 or 2 adults, $50 per child

Homestyle: Comfortable amount, ready to cook at home.

Cost: $250.00/month for 1 or 2 adults, add $50 per child

Gourmet: Fancy foods, high-end, cooked for you and served

Cost: $350/month for 1 or 2 adults, add $50 per child.

Clothing

Discount: Basics from stores like K-Mart, Wal-Mart, Ross, Kid to Kid and the D.I.

Cost: $50.00 for 1 or 2 adults, $20 per child

Casual: Casual wear like jeans and t-shirts from mid-level stores like Sears, Mervyn’s, Babies R Us, etc.

Cost: $75.00 for 1 or 2 adults, $25 per child

Professional: Suits, ties, dresses from high-end stores like Dillard’s Nordstroms, Gymborie, Baby GAP, etc. Necessary if you have a professional job.

Cost: $100.00 for 1 or 2 adults, $50 per child

Media Services

Standard Plan

Unlimited Minutes

Average Phones

One Adult: $60.00/mo

Two Adults: $120.00/mo

Economical Plan

700 minutes

Average Phones

One Adult: $40.00/mo

Two Adults: $80.00/mo

Land Line

Home Land Line—use alone or in addition to cell phone

$30.00

Advanced Plan

Unlimited Minutes

iPhones/Blackberry

One Adult: $120.00/mo

Two Adults: $180.00/mo

Phone Service

Cable/InternetBasic Cable

Basic channels only

$20.00

Average Cable

100 Channels

$60.00

Deluxe Cable

400 Channels

$120.00

Internet Service (average speed)

$40.00

Internet Service (fast speed)

$60.00

Entertainment & Extras

Eating Out

Fast food: $50 - $100 per adult

Dining: $100 - $200 per adult

iPod

$20/month

Professional Sports Season Tickets

Cost: $50.00/month

Bowling

Cost: $10.00

Movies

Cost: $10.00 per month per adult

Ski/Snowboarding

Season Pass: $110.00 per person

Run: $40.00

Computer System

Cost: $2,500

Monthly: $125/month

Netflix

2 DVD’s at a time - $18.00/month

Entertainment Options

X Box 360

Cost: $350.00

$50/month

Including Games & Controllers:

$500.00

$75/month

Pets

Cost: $30.00 monthly

$10 for each additional pet.

Digital Video Camera

Cost: $600.00

$100/month

High-End Photo Camera

Cost: $600.00

$100/month

Entertainment OptionsMotor Home

New: $55,000 - $600/month 10 years

Used: $18,000 - $175/month 10 years

Sound System

Decent: $1,800 = $80/month/2years

Discount: $900 = $45/month/2 years

Transportation Extras

Horseback

Purchase & Upkeep = $300/month

4-Wheeler

New: $8,000 = $250/month

Sea-doo

Brand New: $25,000 $600/month

Used: $11,000 $250/month

Speedboat

New: $20,000 = $350/month

Snowmobile

New: $10,000 = $300/month

Used: $2,800 = $125/month

Harley Davidson

New: $30,000 = $600/month