money management
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![Page 1: Money Management](https://reader035.vdocuments.us/reader035/viewer/2022081413/546f75ceaf79594d0c8b457f/html5/thumbnails/1.jpg)
Money Management
Krishna Polasani
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Money You Earn
• If you earn $35,000 a year, you make $2916.66 a month.
• If you earn $50.000 a year, you make $4166 a month.
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Expenses and IncomeIncome Expenses
March $0000 $350.00
April $0000 $550.00
Monthly earning and expenditure by men and women
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www.daveramsey.com
• On the website www.daveramsey.com use the Savings Calculator to find out how much savings you would have after 30 years if you Had $1,000 and put in an additional $300 a month with 5% Interest vs 12% Interest
• This person will have like almost $200,000
![Page 6: Money Management](https://reader035.vdocuments.us/reader035/viewer/2022081413/546f75ceaf79594d0c8b457f/html5/thumbnails/6.jpg)
Assets
• Home• Cell phone• Car• Furniture
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Liabilities
• House• Car• Loans• College Fees
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Net Worth Chart
• The average net worth of the U.S is 93,000. It has slow down in the recent years because of the economy