A Brief Note On The Financial Situation Of Your Family

2328 WordsMar 31, 201610 Pages
1. Describe the financial situation of your family from birth to college entry. Please include sources of income, income estimates, number of household wage earners, and number of dependents. Please describe any unusual expenses. From the time I was born until I started college, my family and I relied solely on my father’s income since my mother was a stay at homemaker. Below is the breakdown of my family’s financial situation from my birth to college entry. 1994: I would classify my family as pertaining to the working class. When I was born, my parent’s income was not very stable and their earnings were barely sufficient to cover our basic expenses. My father was the only one working at the time. He was working as a warehouse stocker.…show more content…
His employer did not provide him with health care or any other benefits. I was my parents’ only dependent at the time. Estimated Income: $8,400 # of Dependents: 1 1998: My father was the only one working at the time. He was working as a warehouse stocker. His employer did not provide him with health care or any other benefits. I was my parents’ only dependent at the time. Estimated Income: $9,660 # of Dependents: 1 1999: My father was the only one working at the time. He was working as a warehouse stocker. His employer did not provide him with health care or any other benefits. I was my parents’ only dependent at the time. Estimated Income: $9,660 # of Dependents: 1 2000: My father was the only one working at the time. He was working as a warehouse stocker. His employer did not provide him with health care or any other benefits. My brother was born on March 19, 2000. My parents had 2 dependents at the time, me and my brother. Estimated Income: $9,660 # of Dependents: 2 2001: My father was the only one working at the time. He was working as a warehouse stocker. His employer did not provide him with health care or any other benefits. My brother and I were my parents’ dependents. Estimated Income: $10,500 # of Dependents: 2 2002: My father was the only one working at the time. He was working as a construction worker. Due to weather conditions he did not work all year round. His employer did not provide him with health care or
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