The Game of Life by Eleanor Kriebel

The Game of Life by Eleanor Kriebel https://padlet.com/2114571/hu8ouw9e8rrk P2 Economics en-us 2019-12-03 16:41:00 UTC 2025-11-08 08:09:05 UTC hello@padlet.com 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/419161081 PERSONAL BUDGET PORTFOLIO ]]> 2019-12-03 16:45:17 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/419161081 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/419181096 College Choice and Loans: ]]> 2019-12-03 17:12:39 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/419181096 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/420340423 College: Seoul National University- There were many colleges I looked at and thought about for this project, including schools in the USA, but finally I picked SNU. SNU is located in Seoul, South Korea, and offers many academics in Korean and English. A dream of mine is to travel and study in Seoul for college, and possibly live there for a few years after. SNU has a considerably diverse program for fashion, which includes fashion business. Fashion business provides knowledge in marketing, consumer behavior, and retailing, etc. The school also provides Korean language classes for foreigners so they are able to participate in Korean spoken lessons and activities in Seoul. Loans: The tuition for international students for an undergraduate program is $6,000 a year. Since an undergraduate program takes four years, the tuition for four years would be $24,000 not including textbooks, but because of the scholarship, the total I would have to pay would be $12,000. Including textbooks, spending money, meals, and dorm fee the total price would be about $35,800 for the four years of college. I set my loan to be payed off in twenty years, which puts me at 240 monthly payments of $252.37, with an interest rate of 5.8%. (https://www.finaid.org/calculators/scripts/loanpayments.cgi) ]]> 2019-12-05 16:58:08 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/420340423 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/420341347 Future Job:]]> 2019-12-05 16:59:27 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/420341347 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/420343427 Job Title: Fashion Business Manager My Career Choice: The field I have chosen is fashion and text tiles, and the profession is business management. This job includes researching and determining consumer behavior, retailing, fashion cycles, etc. This attracts me because I do enjoy the trends and fashion industry, but I also love marketing, helping to style clothes, and everything else that comes with the job. The growth outlook for this job is excellent, as the earning potential is a generous amount. Starting off in the industry, around 37,500 can be made in a year. Though, up to 80,000 can be made a year with enough experience and a good job. For a management job, the amount of experience required is about 2-3 years. (https://www.glassdoor.com/Job/seoul-fashion-jobs-SRCH_IL.0,5_IC3021489_KO6,13.htm)]]> 2019-12-05 17:02:18 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/420343427 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/420371704 Ad and Residence:]]> 2019-12-05 17:44:00 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/420371704 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/420378286 Ad: Lululemon Athletica, Store Manager, $64,624 per year Residence: Seoul, South Korea ]]> 2019-12-05 17:53:47 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/420378286 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421690240 Gross and Net Income:]]> 2019-12-09 16:25:40 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421690240 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421696865 Gross Income: $55,095 (https://www.salary.com/research/salary/benchmark/retail-tire-store-manager-salary) Net Income: $20,952 (https://smartasset.com/taxes/paycheck-calculator#pDYvb9oqxC)]]> 2019-12-09 16:35:46 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421696865 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421703579 Taxes:]]> 2019-12-09 16:45:57 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421703579 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421704577 Federal Taxes (for foreigners in South Korea): 17% (link below) State Taxes: None Social Security Taxes (includes medical care): 6% (https://www.activpayroll.com/global-insights/south-korea) ]]> 2019-12-09 16:47:16 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421704577 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421717979 Personal Retirement: ]]> 2019-12-09 17:06:53 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421717979 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421718096 Percent: 8.6% Amount Saved (per month): $150]]> 2019-12-09 17:07:05 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421718096 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421732144 Medicare:]]> 2019-12-09 17:28:28 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421732144 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421734383 Price of Healthcare (in South Korea): On average $2,531 (http://apps.who.int/gho/data/view.main.HEALTHEXPCAPKOR?lang=en)]]> 2019-12-09 17:32:00 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421734383 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421734786 Student Loan and Projected Student Loan:]]> 2019-12-09 17:32:40 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421734786 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421742113 Monthly Student Loan: $252.37 Projected Student Loan: $45,196]]> 2019-12-09 17:42:15 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421742113 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421742638 Monthly Rent and Car:]]> 2019-12-09 17:42:55 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421742638 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/421747802 Apartment Ad: "Cozy place in the center on Gangnam" w/ roommate Monthly Apartment Rent: $299 (including utilities) Car: No car needed, city transportation will be used]]> 2019-12-09 17:49:36 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/421747802 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422803638 Phone, Cable, and Internet Plan:]]> 2019-12-11 16:15:21 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422803638 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422806112 Phone Payment: $25 for first month, $40 regular Cable Payment: $34.99 per month Internet Payment: Included with apartment ]]> 2019-12-11 16:18:34 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422806112 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422807491 Gas and Transportation:]]> 2019-12-11 16:20:25 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422807491 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422810094 Gas: Not needed (No car) Alternate Transportation: Subway and city bus, about $100 per month]]> 2019-12-11 16:24:10 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422810094 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422810496 Groceries: ]]> 2019-12-11 16:24:46 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422810496 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422811738 Grocery Store Name: Gmarket Grocery List: Bulk Cheerios- 557g ($5.94), Whole Milk- 1/2 gallon ($2.39), Ground Coffee- 900g ($3.26), Dried Strawberries- 14g ($4.38), Dried Blueberries- 14g ($1.40), Honey Nut Granola Bars- 10 ($10.21), Hamburger Buns- 6 ($5.28), Lemon Hummus- 227g ($2.99), Cucumber- 3 ($2.07), Red Pepper- 2 ($2.99), Red Onion- 1 ($0.99), Chicken Breast- 3lbs ($12.16), Spinach- 454g ($1.69), Cherry Tomato- 454g ($2.50), Lemon Juice- 907g ($1.09), Graham Crackers- 4 packs ($8.43), Juice Boxes- 6 ($1.33), Green Tea- 10 pack ($0.21), Instant Ramen- 4 ($1.66) Weekly Grocery Bill: $70.91 Monthly Grocery Bill: $283.88 ]]> 2019-12-11 16:26:30 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422811738 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422842228 Activities:]]> 2019-12-11 17:08:02 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422842228 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422851486 Activity One: ATEEZ Concert $99.00 Activity Two: Coin Karaoke $0.25 (per song) Activity Three: Dinner with Friends $21.08]]> 2019-12-11 17:22:14 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422851486 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/422851871 Ledger:]]> 2019-12-11 17:22:53 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/422851871 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423879581 Date, Description, Deposit/Withdrawal, Balance 1.3.29: Weekly Groceries; -$70.91, -$70.91 1.5.29: Coin Karaoke; -$2.83, -$73.74 1.10.29: Weekly Groceries; -$70.91, -144.65 1.12.29: Paycheck (after taxes); +2692.66, $2548.01 1.16.29: Dinner w/ Friends; -$21.08, $2526.93 1.17.29: Weekly Groceries; -$70.91, $ 2456.02 1.20.29: Apartment Rent (including utilities); -$299, $2157.02 1.23.29: Personal Retirement; -$150, $2007.02 1.24.29: Weekly Groceries; -$70.91, $1936.11 1.25.29: Medicare; -$210.92, $1725.19 1.26.29: Paycheck (after taxes); +$2692.66, $4417.85 1.27.29: School Loan; -$252.37, $4165.48 1.28.29: Phone Plan; -$40, $4125.48 1.28.29: Cable Plan; -$34.99, $4090.49 1.30.29: Weekly Groceries; -$70.91, $4019.58 1.31.29: Transportation Fees; -$100, $3919.58 1.31.29: ATEEZ Concert; -$99, $3820.58 Monthly Earnings: $3820.58]]> 2019-12-13 16:24:55 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423879581 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423921840 Alternative Lifestyles:]]> 2019-12-13 17:31:34 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423921840 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423923485 Family of Four: If I had a family of four, monthly expenses would be much more due to the need of more supplies and food. If my partner was working, they would also bring in money, but it can not be certain because they may stay home and take care of the children. Single Mother: Being a single mother would be a lot more work, since I would have no partner to either bring in more money or help with the children. Expenses would be mostly the same as a family of four, but minus a father. ]]> 2019-12-13 17:34:24 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423923485 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423924234 Food Stamps and Children:]]> 2019-12-13 17:35:41 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423924234 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423927313 Requirements for Food Stamps: Household assets of $2,250 or less, income of $1,287 or less. If employed, not allowed to quit job, must show proof that you are unemployed if that is the case. Need to be actively looking for a job, and can not intentionally reduce hours of work if employed. Children: Chose to not have children.]]> 2019-12-13 17:41:03 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423927313 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423927516 Reflection:]]> 2019-12-13 17:41:25 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423927516 2114571 https://padlet.com/2114571/hu8ouw9e8rrk/wish/423931722 Like you said even before we started the project, is that we wouldn't want to grow up. I do agree with that. I'm afraid of trying to find a job and even getting into a college I want to be in. I want to have a good income and live in a nice apartment without being in debt. Even though there are many obstacles after high school, I am a bit excited to finally do my own thing. It will be hard, that is one thing I have learned from this project- paying off loans, renting an apartment, buying enough food- but I am still excited. But then again, at the same time I am excited but also don't want to grow up. I think traveling and going to other cities and countries and grocery shopping without my parents will be fun, but the parts where I have to pay taxes and an apartment won't be too fun. I think graduating from high school and going to college will be a great life experience, and that have lots of fun doing it but I'll also be really stressed and worried all the time. ]]> 2019-12-13 17:48:36 UTC https://padlet.com/2114571/hu8ouw9e8rrk/wish/423931722