Money Management
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Transcript of Money Management
Money Management
Krishna Polasani
Money You Earn
• If you earn $35,000 a year, you make $2916.66 a month.
• If you earn $50.000 a year, you make $4166 a month.
Expenses and IncomeIncome Expenses
March $0000 $350.00
April $0000 $550.00
Monthly earning and expenditure by men and women
www.daveramsey.com
www.daveramsey.com
• On the website www.daveramsey.com use the Savings Calculator to find out how much savings you would have after 30 years if you Had $1,000 and put in an additional $300 a month with 5% Interest vs 12% Interest
• This person will have like almost $200,000
Assets
• Home• Cell phone• Car• Furniture
Liabilities
• House• Car• Loans• College Fees
Net Worth Chart
• The average net worth of the U.S is 93,000. It has slow down in the recent years because of the economy