Reference no: EM133765573
1.) Where is your new job located? Where will you be living?
Provide a name and specify if you are researching a rural community, small town, city (what size?), suburb, etc.
2.) What is the average starting salary for your new job?
Be sure to research salaries for the location of the new job, not national trends.
Estimate your monthly take-home pay.
3.) Which are you going to research - housing or transportation? Pick one.
4.) List the options that would be available in your new location.
If you picked housing, you might rent a house or apartment, purchase a home or condo, buy (or rent land), and put a mobile home or tiny house on it, etc.
If you picked transportation, you might finance a new or used car, buy a used car with cash, arrange a carpool, use public transportation, buy a bicycle, walk, etc.
5.) What are the one-time and/or monthly costs associated with each of your options stated in question 4?
Will there be maintenance costs?
Insurance costs?
Taxes?
6.) How does each option from question 4 fit into your projected monthly budget and desired lifestyle?
Instructions for Part Two
Using all your research and calculations from Part One, write an essay (1 to 2 pages) to discuss your options, projected monthly budget, and the estimated costs associated with each option you are considering.