What is angela disposable income

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Q1. Angela's disposable income is $2,015. Angela inspects her checkbook and her credit card bills and determines that she has the following monthly expenses: What is Angela's net cash flow?

Q2. Angela earns $2,120 per month before taxes in her full-time job and $849 before taxes in her part-time job. Her employers withhold about $701 per month from her checks to pay taxes. What is Angela's disposable income? Why is it important to track disposable income?

Q3. Angela's monthly disposable income is $2,198. She has monthly expenses of $1,846 (including recreational expenses of $279) and net cash flow of $352 per month. Angela makes a budget based on her personal cash flow statement. In two months, she must pay $457 for tags and taxes on her car. How much can Angela expect to save in the next 12 months?Part 2In the next 12 months, the amount Angela can expect to save is (Round to the nearest dollar.).

Q4. Mason selected a private university to attend. His tuition, room and board, and other costs were $44,000 per year for four years. His brother Kage attended a public institution and elected to live at home with their parents. Kage's total tuition costs were $9,100 per year. Compare the debt loads of Mason and Kage after completing their degrees, assuming they borrowed to cover all costs. Ignore interest charges.

Q5. Mia has $3,240 in assets, a finance company loan for $614, and an outstanding credit card balance of $254. Mia's monthly cash inflows are $2,202, and she has monthly expenses of $1,724. What is Mia's net worth Mia's net worth is?

Q6. Julia brings home $2,200 per month after taxes. Julia's rent is $757 per month, her utilities are $149 per month, and her car payment is $319 per month. Julia is currently paying $211 per month to her orthodontist for her braces. If Julia's groceries cost $102 per week and she estimates her other expenses to be $194 per month, how much will she have left each month to put toward savings to reach her financial goals? Given Julia's expected expenses, the amount she will have left each month to put toward savings to reach her financial goals is?

Reference no: EM133104730

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