Professional Documents
Culture Documents
Project
by Brady Dutton
Where I Live
I am renting an apartment.
The apartment is in the city in Manhattan, New York.
I live with a roommate so the monthly cost for rent will be split in half.
Calculations:
monthly rent found online-$2895
split in half-2895/2=$1447.50 monthly rent
http://www.zillow.com/homes/for_rent/Manhattan-New-York-NY/condo,apa
rtment_duplex_type/2103872234_zpid/12530_rid/0-806469_price/0-3000_m
p/41.050359,-73.408585,40.460531,-74.748917_rect/9_zm/?3col=true
Renters Insurance
When I looked online, I found that a standard renters insurance policy costs
about $300 for $50,000 worth of property.
Online insurance providers websites would not let me get a quote without
calling so I just searched a standard quote.
For my apartment renters insurance I will say the monthly policy is $250.
http://www.dfs.ny.gov/consumer/homeown/homeown_006_renters.htm
Transportation
Because we live in the city me and my roommate do not have a car.
For our transportation we will either take the subway or walk.
Since I can walk to work, Ill say that I take the subway 12 times a month.
12 times multiplied by $2.75 per ride equals $33 a month on transportation.
http://www.huffingtonpost.com/2015/01/22/mta-metrocard-fare-hike_n_65
25462.html
Cell Phone
The provider I will be using is Verizon.
I will be using the large plan which is 6 gb for $60 and
unlimited talk and text.
My roommate and I are both on the plan so we will split the
bill in half.
$60 a month split in half equals $30 a month for phone.
http://www.verizonwireless.com/landingpages/verizon-plan
/
Food
Groceries List:
1.
2.
Food- $32.88
3.
Toiletries- $8.21
Total: $58.66
Dining Out:
Planning on dining out twice a week.
Average spending each time for me- $11 multiplied by twice a week equals $22 multiplied by 4 weeks a month equals $88
per month dining out.
Total:
In all going to spend- 58.66+88= $146.66 per month on food.
Utilities
Since I live in an apartment, my rent covers the cost for
water, sewer, and electricity.
However, I need to pay separately for heat.
The cost per month for gas heating is $300.
http://streeteasy.com/talk/discussion/24629-what-does-i
t-cost-to-heat-a-1-bedroom-apartment
Savings
For my savings, I decided to put in $100 a month just so that
I have a good amount of money in my savings account.
All the expenses listed in the previous slides totaled
$2,674.14, leaving me with an extra $165.19 each month.
2,839.33-2,724.14=$165.19
74.86+1,447.50+250+33+107.12+30+146.66+300+115+
70+100=$2,674.14
Life Happens
For my life happens incident, I chose that I got injured playing basketball and
broke my ankle.
After the $2500 bill, I decided that to adjust my budget, I would spend less
each month on clothing and entertainment since they are not necessary
expenses.
For clothing, I could decide to only order clothes every 2 months or even 3
months.
For entertainment I would try to find ways to exercise that dont cost a gym
membership, like a basketball court at a park or just working out at home.