"My Future Life Plan" – 5-Day Financial Literacy Project by Adan Espinosa

Section 1: Where Do You Want to Live?

aespinosa26 — 2025-05-20 15:56:27 UTC

Beaumont, CA

Population (2025): 61,902
Overview: Beaumont is a growing city in Riverside County, known for its family-friendly atmosphere and more affordable living compared to larger California cities.
Why People Live Here: Residents appreciate the small-town feel, proximity to nature, and lower housing costs

Los Angeles, CA

aespinosa26 — 2025-05-20 15:57:40 UTC

Population (2023): 3,820,914
Overview: Los Angeles is a bustling metropolis famous for its entertainment industry, diverse culture, and beautiful beaches.
Why People Live Here: Opportunities in film, music, and arts, along with a vibrant lifestyle and scenic landscapes, attract many to LA

San Diego, CA

aespinosa26 — 2025-05-20 15:58:17 UTC

San Diego, CA

Population (2023): 1,388,320
Overview: San Diego offers a laid-back coastal lifestyle with beautiful beaches, a strong military presence, and a thriving biotech industry.
Why People Live Here: The pleasant climate, outdoor activities, and job opportunities make San Diego an attractive place to live.

Orange County, CA

aespinosa26 — 2025-05-20 16:13:24 UTC

Population (2023): 3,135,755
Overview: Orange County encompasses several cities, including Anaheim and Irvine, and is known for its upscale communities and theme parks.
Why People Live Here: Residents enjoy high-quality schools, family-friendly neighborhoods, and attractions like Disneyland.

Redlands

aespinosa26 — 2025-05-20 16:26:52 UTC

🏡 Living in Redlands, CA

📍 About Redlands

Population: Approximately 73,168 residents as of the 2020 Census.
Location: Situated in San Bernardino County, Redlands is known for its historic downtown, cultural events, and proximity to the San Bernardino Mountains.
Why People Love It:
- Charming historic architecture and tree-lined streets.
- Home to the University of Redlands and several cultural institutions.
- Offers a mix of suburban comfort with access to outdoor activities.

🏠 Section 2: Housing & Utilities Costs

aespinosa26 — 2025-05-21 00:34:37 UTC

💡 Monthly Utility Costs by Home Size

Home Size Utilities Estimate (Electricity, Water, Internet)

600–1,000 sq ft $150–$200/month

1,001–2,200 sq ft $200–$300/month

2,201–3,000 sq ft $300–$400/month

🍽️ Eating Out Costs

aespinosa26 — 2025-05-21 00:38:01 UTC

🏠 Eating at Home Costs

aespinosa26 — 2025-05-21 00:39:11 UTC

🚘 Monthly Car Costs by Budget

aespinosa26 — 2025-05-21 00:46:35 UTC

Other Car Costs to Consider

aespinosa26 — 2025-05-21 00:47:59 UTC

💰 Monthly Entertainment Costs

aespinosa26 — 2025-05-22 16:05:12 UTC

It is important to me to have _______($costs), _______($costs), ______($costs), _____($costs), ______($costs).

My total is _______ per month.

EX:

It is important to me to have Netflix and Disney+ ($20), Gym $30, the movies 1x/week ($60).

My total is $110 per month.

My total costs!

aespinosa26 — 2025-05-22 16:50:11 UTC

I have _____ per month for my house/appt. I have _____ per month for my eating habits. I have _______ per month for my car. I have ______ per month for my fun and entertainment.

My total lifestyle costs is $_______ per month.

I have $3450 per month for my house/appt. I have $590 per month for my eating habits. I have $750 per month for my car. I have $209 per month for my fun and entertainment.

My total lifestyle costs is $4,999 per month.

Choosing a career

aespinosa26 — 2025-05-23 16:30:04 UTC

https://rcoe-cte-engagement.nepris.com/app/career-explorer/ip/questions?guid=f4ec7d72-3fe6-4b85-b8ba-df1fcaeb562dI'm interested in the career _______. It does/doesn't require a college degree. The median salary is $_______. I like this career because ________.

Does it fit your life style?

aespinosa26 — 2025-05-23 17:30:35 UTC

My dream life style costs $______. My career ____ has a median salary of $_____, which is $_____ per month.

My current life style does/doesn't match my current career choice.

If it doesn't

I'm going to update my lifestyle/career so I can afford my lifestyle.

💸 Where Does All My Money Go?

aespinosa26 — 2025-05-27 17:44:46 UTC

My gross pay is $___ per month but with a tax rate of 30% my net pay is $___ (70% of total Net $).

After taxes I do/don't have enough for my lifestyle.

convert 70% into a decimal -> 0.70

Gross pay x 0.7 (net pay) = Net pay

🏦 Saving for Retirement – What Does That Mean?

aespinosa26 — 2025-05-27 17:47:16 UTC

Retirement is important because I can stop working and still have money to live. If I have 20 years after retirement I need $__ and that means I need to save $___ per month for retirement.