Finance
Where Do Our Taxes Go?
Social Security Taxes goes to retiring benefits, worker benefits,children and spouses of deceased workers, and disabled workers. (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)Medicare Taxes goes to provide health care to people. (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)
Federal Taxes goes to the government for them to spend it for the country (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)
State Taxes goes to education (schools, colleges, libraries), police and fire departments, emergency teams (emergency medical technicians and paramedics), hospitals, prisons, roads, bridges, street lights, prisons, public transportation, social services, etc. (http://www.ehow.com/how-does_4704339_do-state-taxes.html).
Finding the Take Home Pay of a Criminal Investigator
Starting Salary of a Criminal Investigator is $65,860.
Medicare: .0145(65,860)= 948.38
Social Security: .062(65860)=4083.32
Federal: .0955(65860) - 2269.80=4002.64
State: .25(65860) - 3970=12495
Total Amount of Taxes: 21529.34
Take Home Pay: 65,860 - 21529.34
=$44330.66
Budget
1)I have to budget $44330.66 annually
2) a) Rent: $910-$950 Cedar Shores Apartment: Studio A (http://www.rent.com/california/san-diego-apartments/cedar-shores-apartments-4-482485?sp=1&searchrank=2&page=3&rank=4&fl=0)
b) Utilities Included:
-Cable/Satellite Ready
-Carpeting
-Ceiling Fan
-High Speed Internet Available
-Vaulted Ceiling
-Walk-In Closets
-Dish washer
-Garbage Disposal
-Refrigerator
c) Deposit: $400 Security Deposit and a $25 application fee
d) Address: 2151 Oliver Avenue San Diego, CA 92109
3)Utilities:
-Gas and Electric: $26 a month
-Cable/Internet: $89.99 a month
-Water/Sewage/Trash: $20 a month
4) Cell Phones: $94.99 a month
5) Transportation:
-Car: 2007 Acura TL Type S 4D Sedan $21,599
-Gas: $350 a month
-Insurance: $300 a month
6) Food: Pho $5-$6 2x $10-$12 a day $10x30= $300 $12x30=$360 so about $300-$360 to eat fast food twice everyday for a month or I could go with $200 for home cooked food
Social Security Taxes goes to retiring benefits, worker benefits,children and spouses of deceased workers, and disabled workers. (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)Medicare Taxes goes to provide health care to people. (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)
Federal Taxes goes to the government for them to spend it for the country (http://www.cbpp.org/cms/index.cfm?fa=view&id=1258)
State Taxes goes to education (schools, colleges, libraries), police and fire departments, emergency teams (emergency medical technicians and paramedics), hospitals, prisons, roads, bridges, street lights, prisons, public transportation, social services, etc. (http://www.ehow.com/how-does_4704339_do-state-taxes.html).
Finding the Take Home Pay of a Criminal Investigator
Starting Salary of a Criminal Investigator is $65,860.
Medicare: .0145(65,860)= 948.38
Social Security: .062(65860)=4083.32
Federal: .0955(65860) - 2269.80=4002.64
State: .25(65860) - 3970=12495
Total Amount of Taxes: 21529.34
Take Home Pay: 65,860 - 21529.34
=$44330.66
Budget
1)I have to budget $44330.66 annually
2) a) Rent: $910-$950 Cedar Shores Apartment: Studio A (http://www.rent.com/california/san-diego-apartments/cedar-shores-apartments-4-482485?sp=1&searchrank=2&page=3&rank=4&fl=0)
b) Utilities Included:
-Cable/Satellite Ready
-Carpeting
-Ceiling Fan
-High Speed Internet Available
-Vaulted Ceiling
-Walk-In Closets
-Dish washer
-Garbage Disposal
-Refrigerator
c) Deposit: $400 Security Deposit and a $25 application fee
d) Address: 2151 Oliver Avenue San Diego, CA 92109
3)Utilities:
-Gas and Electric: $26 a month
-Cable/Internet: $89.99 a month
-Water/Sewage/Trash: $20 a month
4) Cell Phones: $94.99 a month
5) Transportation:
-Car: 2007 Acura TL Type S 4D Sedan $21,599
-Gas: $350 a month
-Insurance: $300 a month
6) Food: Pho $5-$6 2x $10-$12 a day $10x30= $300 $12x30=$360 so about $300-$360 to eat fast food twice everyday for a month or I could go with $200 for home cooked food
How to Calculate Credit Card Interest
1. Previous Balance Previous payments owed calculates the interest. 2. Ending Balance Balance at the end of the current month. 3. Adjusted Balance Previous balance minus the payment we paid off 4. Average Daily Balance The current balance divided by the number of days in the billing cycle 5. Two-Cycle Average Daily Balance The current balance and the previous balance divided by the number of days in the billing cycle 6. Grace Period Have no interest if paid within the due date |
How is Credit Score Determined?
A person's credit score is based on the good and bad spending history on their credit report. The main five categories credit scores look at is, a person's payment history (35%), amounts owed (30%), length of credit history (15%), type of credit in use (10%), and new credit (10%). 1) A Person's Payment History: Whether a person has paid past credit accounts on time 2) Amounts Owed: Having credit accounts and owing money on them 3) Length of Credit History: In general, the longer the credit history, the higher the score 4) Type of Credit in Use: Mix of credit cards, loans, and other financial accounts 5) New Credit: More accounts in little time risks scores |
College Tuition
The college I researched and want to go to California State University of Stanislaus and graduate with a B.S. in Forensics
The tuition annually is $5472
For a full 4 years my tuition alone costs, $21888
The college I researched and want to go to California State University of Stanislaus and graduate with a B.S. in Forensics
The tuition annually is $5472
For a full 4 years my tuition alone costs, $21888