The Lewandowski’s are a family that lives in Monmouth Junction, New Jersey. There are 5 members in the Lewandowski’s and those people are as follows, Christian, 50; Addy, 49; Loyal, 16; Olivia, 15; Owen, 13. Christian works as an anesthesiologist and has an annual income of $357,273 and Addy works as a psychiatrist making an annual income of $182,700. Both of the parents are highly qualified for their jobs and are both extremely hard workers. Olivia and Loyal are both high schoolers both are sophomores, Owen is an 8th grader. Christian and Addy both pay taxes, they pay $12,779.39 in federal income tax and are paying $4,036.30 in state income tax. They are paying $652.47 in social security and are also paying for retirement at around $2,249.89 …show more content…
The family bought a bundle for $105 a month the Lewandowski’s also bought a cell phone plan for $383 a month. This bundle provides AT&T’s second fastest internet and cable, and the cell phone plan we bought gives our phones 4G data and unlimited call and text as well as 2GB of data for each phone. The Lewandowski’s spend roughly $1,200 on groceries a month and other household items. They spend most of their grocery money on meats and vegetables which are a vital part of a balanced diet. They also spend portions on the grocery bill on various fruits which are extremely important for staying healthy and awake. Some of the money also goes toward toilet paper and other hygiene items. The Lewandowski’s spend $550 on clothes during the month, this means that the children are supplied with fresh new clothes to start of the year. They also pay $450 for dental and medical bills a month. There is $200 put aside for special occasions like birthdays and parties. The Lewandowski’s pay $300 on auto and home repairs in case something goes wrong. For entertainment and household items there is a combined cost of $900. Finally the Lewandowski’s spend $200 a month on
How about compared to what an average high school teacher makes? How about compared to what a fast food worker makes? Write at least a paragraph to answer all four questions
Ella earns $77,985 annually. Her gross monthly income is $6,498.75. Each month, she pays $1,061.74 for federal income tax, $280.35 for state income tax, $420.94 for Social Security, and $94.24 for Medicare. In addition, she pays $324.95 for retirement. Her deductions per month total $2,164.22, and her net monthly income is $4,334.53.
They make 60,000 dollars annually as a graph teacher, and 5000 dollars monthly. For our Federal Income Taxes we pay them $378.13. Then our medicare $72.50 a month. Finally our family pays $310 for our Social Security.
Director & Secretary). $17,000.00. Fringe Benefits (Stipend) $1,000.00. Travel Expense (5%) $1,000.00. Equipment (Computers/Copier/Fax Machine) $2,300.00.
The three essays that I read range widely in the amount of effort put into them. I read Lorenny Infante’s, Joana Benitez’s, and Matthew Busarello’s essays. To start, both Lorenny and Joana put a lot more effort into their essays than Matthew. Matthew wrote very little and what he wrote doesn’t have great grammar. In the last sentence alone there is multiple mistakes.
Share this article on Pinterest Expert Author Maria T. Miller Strategic debt management and figuring out how to save money while you are paying off debt, is crucial for succeeding with your personal finances. The key to it all is creating and implementing an effective spending plan for your monthly income. Knowing exactly how much money you have coming in each month isn 't typically the hard part -- it 's figuring out where it 's all going and why there 's sometimes nothing left at the end of the month that typically causes consternation. If someone is just starting to get serious about personal financial management, the first step is to track expenses -- where and how you spend money -- for a month. Once you have recorded your daily expenses and set bills for 30 days, as well as looked at bank account history to recall bi-monthly bills and quarterly
It’s very unusual for a child this age to control the money for the family expense. According to the text, “ Before Mom left, she gave me two hundred dollars… I did the math. It came out to twenty dollars a week, or a little three-fifty a day. I worked up a budget and calculated that we could indeed squeak by if I made extra money babysitting... I brought food and made meals for Brian, Maureen, and me (131).”
Author Ron Lieber writes an eye-opening article about why parents should inform their kids how much money they make. The central idea or thesis of this article would be that children have a right to know how much their parents make, and by teaching this to them they are more aware of the expenses it takes to run their household. In summary, the article goes into detail about the many ways parents show and explain the monthly expenses their family goes through. Lieber also presents tips and examples of families who involve their children in this matter. The quote “Every decision mattered,” from the passage by Lieber, holds a lot of potential to be evaluated and thought about.
Earlier in the play he made it clear they had no excess spending money. Another way he shows they are more stress free is they gave gifts to Mama. In the stage noes it is indicated, “It is the first presents in her life without it being Christmas.” (hansberry
Abstract "Tony, do not get Johnny in trouble.” The first order given to Tony Denardo by the sergeant is going to be the most important, life changing order that was given; unfortunately for Johnny the order was ignored. Throughout the scenario there are instances where Tony takes Johnny under his wing and teaches him by instilling his own corrupt morals. Why would the sergeant have to order Tony not to get Johnny in trouble? Within this paper I will discuss and examine the ethical dilemmas Johnny is confronted with and repercussions he faces.
Problem Solving. KB and PB make choices and solve their problems together. They often look to each other to provide advice when needed. They both respect each other enough that they feel it is important to include one another in their decisions. Individually they feel comfortable making their own choices but out of respect for the other they often work together to solve a problem.
In order to live a modest life style postal employees had to seek second jobs to make ends meet. The income needed to live unpretentiously was near $11,000.00 annually (Shannon). Without pay increases for 2 years as assured by union leaders, most of the staff was not going to be able to afford to live and feed their families under these circumstances. Working conditions at the post office during this time frame were much different than they are today in the mail industry (Rubio). There was a lack of growth and career opportunities within the organization.
The taxable income rate for more than $464,851 is $129,996.50 plus 39.6% the amount over
Anarely Rodriguez Per.3 30 Day Expense Reflection The challenges that I have encountered during this assignment was remembering to record my expenses every day. It was pretty interesting seeing how much I spent in a day. The expenses that I purchased with my money was honestly not a lot. But if I had to pay for the things that supported my well being, I would have spent more than I bargained for.
Furthermore, on average, it was reported that the middle class made, “$4 to $20 a day”, for a total annual income of about $5,500 or more. In the area of the