My Life Board by Mason Farmer https://padlet.com/mfarm198/zfq1ugve8om1 by: Mason Farmer en-us 2018-02-08 16:25:46 UTC 2018-05-16 18:10:40 UTC hello@padlet.com SAVING AND INVESTING mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/257708795
I'm getting a 2nd job.Over time i'm going to add to my savings for a down payment on an apartment. ]]> 2018-05-03 15:27:30 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/257708795 RETIREMENT mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/257709385 Through my employer i'm to set up a 401k. Even though right now I cant. When I start my career i'm going to add every year to the percentage I want in my 401k.  ]]> 2018-05-03 15:28:41 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/257709385 Protecting against risk mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/259330100 2018-05-09 15:35:04 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/259330100 Banking https://padlet.com/mfarm198/zfq1ugve8om1/wish/260894375 First Midwest bank
Student checking along with a savings account. 

  • Investments – Build and help protect your wealth throughout your lifetime with products from today's leading providers.
  • Insurance – Manage life's risks by providing for the unexpected.
  • Advice and Planning – Balance short-term and long-term goals in one all-encompassing plan.
  • Banking1– Solutions that integrate your spending, saving, and borrowing in a way that has them all working together.
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I chose a student account so I cant overdraw 
I chose this bank because its local and there's easy access. 

]]> 2018-05-15 15:24:54 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/260894375 Credit https://padlet.com/mfarm198/zfq1ugve8om1/wish/260895915 Chase freedom
They give 1% cash back
No annual fee
0% APR for first 15 months 
Rewards: Only purchases for internet, cable, satalite television, etc. Includes transactions made using your Chase Freedom card with PayPal for purchases or sending money. Eligible transactions only qualify for a total of 5% Cash Back.  
Variable APR; 16%-25%.
Default APR:1) You do not pay at least the minimum payment when due; 2) You exceed your credit limit; 

It's a standard credit card with cash back and 0% APR. Its what I want. ]]> 2018-05-15 15:28:42 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/260895915 Health Insurance https://padlet.com/mfarm198/zfq1ugve8om1/wish/260897405 Blue cross Blue shield. 
I'm on my father's plan currently. But I plan to stay with them later on as well. ]]> 2018-05-15 15:32:10 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/260897405 Buying goods and services-home buying https://padlet.com/mfarm198/zfq1ugve8om1/wish/260898483 Cost of home=$129k
Cost of down=$4.4k
Property tax=$6442
Loan amount= $125k
15 year=$694 
30 year=$358
I want to stay in grayslake. And homes are somewhat cheap. The average salary for my career is $47,890. 
30% of my salary is $1199.50.  Therefor this is under 30% of the average salary. 
This house is affordable because the monthly payment is less than 30 percent of my salary. ]]> 2018-05-15 15:34:28 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/260898483 Honda Civic mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/261293828 Save 40% from each paycheck until I have enough to buy a used Honda civic. ]]> 2018-05-16 16:39:29 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/261293828 Car insurance mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/261295904 All State
All State has been my families insurance for years and they have never done anything wrong. They also offer several other types of insurance. ]]> 2018-05-16 16:44:15 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/261295904 Life Insurance mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/261329132 Select 10, 20, or 30 years of coverage and a guaranteed benefit. Coverage starts at $100,000, and the affordable premiums are level for the initial policy term. Once past the level premium period, premiums will increase annually. The policy is guaranteed to renew up to age 95 and is convertible to a permanent policy regardless of health, subject to age limits.
If anything were to happen to me for my family to still have some sort of income. ]]> 2018-05-16 17:54:25 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/261329132 Emergencies mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/261332992 Rainy day fund: I have a safe at home with 200 dollars in cash inside. 
Every paycheck Put away at least 50 dollars.
Over time as I make more money Put more per check in. ]]> 2018-05-16 18:02:07 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/261332992 Education mfarm198 https://padlet.com/mfarm198/zfq1ugve8om1/wish/261334730 Save: 20% of every check to put towords going to collage
While at collage ill study to become a social worker. 
Over time open up a savings account: So no one but me can touch the money until I need it. ]]> 2018-05-16 18:05:15 UTC https://padlet.com/mfarm198/zfq1ugve8om1/wish/261334730