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Living In America

Decent Essays

As a college student it’s difficult to get a job that pays enough to support yourself. Earning $800.00 a month may seem like a lot to certain people but in reality it isn’t. Living in America means that you have to obviously pay taxes. 30% of my paycheck goes towards taxes leaving me with $560.00. However since I am a college student I will have to buy textbooks for my classes therefore I will place $100 in my savings account each month leaving me now with $460.00. Since I don’t live near my school I am forced to buy a metro card to get to school then one to get to work. It’s more expensive to buy individual metro cards then buying a monthly metro card. A monthly metro card is $116.00 and buying separate metro cards comes out to be $154.00. Therefore the smartest chose is to go with a monthly metro card. Now I’m left with $344.00 to cover other expenses I may encounter over the month. …show more content…

Obviously being the fact that I’m working I would help my mom with rents and since we live in the same house I would help her buy food and laundry. For rent I would give my mother $100 to help her out. Now I’m left with $244.00 laundry is usually $30 so I’m left with $214.00. My mom tends to buy food at wholesale stores like B.J’s and ends up spending $150 but the food tends to last us for the whole month. In order to make it fair we would split the costs down the middle in half. I would pay $75 for food. Leaving me with $139.00. However since I would want to plan ahead I would place an extra $10 away each month to make it possible for me to have money saved for a rainy day. Leaving me with $129.00 for the rest of the month in order to go out when I have the time. The money left over will allow for me to buy lunch from outside or to hang out with my

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