https://padlet.com/jruby128/jntjhsr6b21r en-us 2018-02-08 15:28:27 UTC 2024-08-26 03:51:37 UTC hello@padlet.com jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/229626977 2018-02-08 15:38:05 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/229626977 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/229627295 During this project, I researched 2 different places I see myself living in the future. After weighing out the pros & cons of each I decided to pick Sarasota because it related to my life more. I created a Canva and inserted the Pros, facts, and testimonials for Sarasota!! ]]> 2018-02-08 15:38:32 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/229627295 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/229627560 2018-02-08 15:38:51 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/229627560 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/229627881 2018-02-08 15:39:15 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/229627881 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257677423 2018-05-03 14:33:19 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257677423 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257677849 Plan:
Start by 2022
1. Get a job
2. Find a job that supports a 401k account.
3. Start off slow by putting in a small % (5-10%) of my paycheck into my 401k 
4. Put in more each month to increase savings
5. Check my 401k every month to watch how much it grows and to see if I need to put more in
6. Ensure I have enough money for basic needs before putting money into 401k
7. If I have left over money, keep it for later use with 401k


]]> 2018-05-03 14:34:08 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257677849 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257690286 Plan:
Start by 2018
1. Work over the summer
2. Take $5 away from every paycheck
3. Place money in savings account or account that has interest for not touching the money.
4. Don't touch the money
5. Continue this until college is over or until I need a new car.

]]> 2018-05-03 14:54:13 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257690286 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257690453 Plan:
Start by 2018
1. Work over the summer
2. Put $5 in savings account every other month
3. Continue this through college
4. Left over money from what parents give me, place in savings account
5. Check account regularly, if I get lots of money for a holiday put in more money
6. Continue to save until I graduate college and need the money for a house, fun activities, wedding, etc
7. If I'd rather invest in stocks sometime in my life, invest in stocks instead of other activities. ]]> 2018-05-03 14:54:24 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257690453 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257690600 Plan:
Start by 2022
1. Get a steady job after college
2. Offer to do internships overseas
3. Try to get scholarships to study abroad to get a cheaper rate
4. Save $10 from each paycheck after graduating college 
5. Place into savings account
6. Continue to grow this money until I have enough to take a desired vaction

]]> 2018-05-03 14:54:38 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257690600 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/257696699 Plan:
Start by 2018
1. Have a job
2. Take $5 from each paycheck into savings
3. If you think you have enough money in account, it's okay to skip months
4. Pay attention to how much accumulated in savings account
5. Continue to grow money and don't touch it unless there is an emergency. 
6. If nothing is used and you need it for something else, take it out if it's essential.  ]]> 2018-05-03 15:05:15 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/257696699 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259297242 BCU Bank
Location= BCU bank is very close to me there is one in Round Lake, Gurnee, Libertyville, Vernon Hills, etc. This is important to be because I want to have easy accessibility to my bank just in case I need anything.
Services Offered= BCU offers checking accounts, savings, and other banking. I would take advantage of the checking ans savings at this bank because I want to keep both of my accounts at the same bank. With the accounts, I can deposit check directly from my phone without having to go to the bank. I can also do direct pay to people through my phone.
Perks= Scholarship opportunities, all accounts are free, no minimum balance in accounts, lows rates for loans, several credit card options, etc.
Interest Rates= Low interest rates .25-2%
ATM Fees= No fee when using any type of ATM, even if it's not a BCU ATM, they won't charge you a fee. If you're in a foreign country, they won't charge you a fee for using their ATM either. ]]> 2018-05-09 14:27:41 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259297242 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259298397 Cost of Home= $245,000
20% down payment= $49,000
Property Taxes= $3,049
Loan Amount (Amount financing) = $196,000
Monthly payments= $922.23/month for 30 years
What am I actually paying? The principal payment (what I am borrowing) is $196,000 and then I pay an additional  $136.001.12 in interest just for borrowing money.

Reflection

No this house isn't less than 30% of my average salary. My average salary as a Midwife/Nurse is $107,460. Although this is a lot of money it is less than half of what my house is making it a little harder to afford this house. I will make sure to save up for a couple years and live in a smaller condo, or with my parents before buying this house right out of college. I will save up my money until I am comfortable and financially stable to put down $49,000 then start paying my monthly payments with interest on my house. I will try my best to pay more than I have to each month just so I can pay off the house faster and avoid some of the accumulating interest. ]]> 2018-05-09 14:29:57 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259298397 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259300283 Type=Quick Silver Capital One Visa
Benefits/Information: Earn 1.5% cash back on ALL purchases. No foreign transaction fees. If you spend $5000 in a month, you'll get $900 back. Shopping discounts, auto collision coverage, travel upgrades and savings, emergency card replacement, etc
(Default interest rate)
APR= 0% APR for the first 9 months. 14.49% - 24.49%  APR after 9 months.
Annual fees= No annual fees
Penalties= If you make a late payment the fee can be up to $38
Rewards= Earn additional $150 once you spend $500 within the first 3 months. Rewards never expire.

Reflection

I chose the Quick Silver Capital One card because it fits me the best. I shop A LOT and it gets me discounts everywhere I shop, while also receiving 1.5% cash back on EVERY purchase I make with my card. I love to travel so its essential to have a card that doesn't require any foreign fees. I like how there aren't any annual fees because that is the last thing I want to see on my bill at the end of the year. Although I am a good driver, if I use this card when purchasing a car I can have coverage on any possible auto collisions. Overall, this is the best card for me because I can get discounts, and get money back just for using my card. ]]> 2018-05-09 14:33:25 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259300283 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259302136 I want to make sure I have insurance in everything that I own because I want to be covered just incase anything happens. That includes car insurance, homeowners insurance, health insurance, and life insurance. Once I have children, I will get them insurance as well. It's important to have insurance in all aspects of my life because anything could happen and it could cost me tons of money if I didn't have insurance. ]]> 2018-05-09 14:37:17 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259302136 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259302257 I would want to have PPO Health Insurance because then I can go see whatever doctor I want without having to have a referral from a physician. With PPO I would have more flexibility than HMO, but it might cost me a little more. It's important to have Health Insurance because I go to the doctors at least once and year and the dentist twice a year and that is just for checkups. If I were to get sick, or injured they would charge me to be seen by a doctor. This can pay for surgeries or anything that would bring me into the doctors office. I might still have to pay a little of the cost but no where near the total. ]]> 2018-05-09 14:37:31 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259302257 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259302572 I would get liability insurance or collision coverage because it covers my car and their car and also medical expense. It's important to have car insurance because it's illegal to drive without it and because if I were to get into an accident and it be my fault, I 'd have to pay for my car, their car, and all the medical expenses. I wouldn't have anywhere near enough money to cover all of that so it's important to have insurance on your car. I would rather pay every month than have to pay the exact amount out of pocket towards the accident expenses. ]]> 2018-05-09 14:38:07 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259302572 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259302734 I would have a level term life insurance so the death benefit stays the same every year. It's important to have life insurance because I have no idea what is going to happen to me in life and just incase something bad happens, I want it to be covered. If I were to die, my beneficiary would get my money. I have a worth and it would go to my husband or my kids or just someone in my family when I die because I wouldn't be able to support them anymore.]]> 2018-05-09 14:38:27 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259302734 jruby128 https://padlet.com/jruby128/jntjhsr6b21r/wish/259302869 I would get HO-2 or HO-5 because it basically covers me on everything that I need if anything were to happen even if had to do with pets, or weather. It's important to have homeowners insurance because when I buy a house, I want to make sure I am insured and covered. Having homeowners insurance can cover the cost of damage to my house caused by storms, snow, fires, floods, etc. Having this also covers me if any accidents happen in my home so I don't have to be liable for them. ]]> 2018-05-09 14:38:43 UTC https://padlet.com/jruby128/jntjhsr6b21r/wish/259302869