Something to think about . . .
Just imagine . . .
It’s the day after graduation, you walked
the stage in your cap and gown, everyone
SO proud of you, you celebrated with your
family and friends, and now . . .
The party is over.
You are ON YOUR OWN NOW.
You must imagine that this is your reality in order to play
the “Game of Life” today.
is
Average Annual Earnings—
Different Levels of Education
Professional Degree $109,600
Doctoral Degree $89,400
Master's Degree $62,300
Bachelor's Degree $52,200
Associate's Degree $38,200
Some College $36,800
High School Graduate $30,400 (2,533)
Some High School $23,400
Source: U.S. Census Bureau, Current Population Surveys, March 1998, 1999, and 2000.
Income
Employer
Minimum Wage
Taco Casa and Michaels
Walmart (after one year)
Wage
$7.25
$7.50
$8.30
Sam’s Club
UPS
Sam’s Club (after one year)
$9.00
$9.50
$10.20
Federal State Medical Board
$15.00
Monthly Income
Multiply wage by 35 hours a week.
Multiply that number by 4 weeks in
a month.
($7.50 x 35 x 4= $1050)
Taxes and Deductions
15% Federal Taxes of income
4.2% Social Security of income
1.45% Medicare of income
20.65% total deductions
Multiply monthly wage by 0.2065 then subtract
from monthly wage
$1050 x 0.2065=$216.825 (you pay $216.82 in
taxes a month)
$1050-$216.82= $833.18 (you take home $833.18)
Car Option A- 2008 BMW 335xi Sedan
Low milage (29,000 miles), still under factory warranty
Highly desirable titanium silver/metallic exterior
300 Horsepower turbocharged engine,
Premium package, navigation, cold weather package
Premium CD and DVD player, iPod adapter
Always garaged, never wrecked, lovingly cared for
$29,495
@ 12% for 6 years= $460
a month
Car Option B- 2008 Nissan 350z
I'm selling my 2008 350z. It has the nismo v2 body kit on it with the front bumper
having canards on it. The car is in great condition.
-black leather interior
-38,000 miles
-nismo v2 body kit (with carbon fiber wing)
-carbon fiber hood
- AAM test pipes
- 6 speed manual
$16,000
@12% for 6 years
= $250 a month
Car Option C- 1994 Chevy Lumina Sedan
Car has over 175k miles new A/C in the last year. Has signs of transmission
trouble. Has current inspection and tags. Cargo basket not included.
$400
Insurance
$50 for Liability only
Add $10 for males (sorry boys ;)
Another $50 for Full Coverage (more if you drive a
nice car)
You must have full coverage insurance, if you are
making payments on the car.
Apartment Option AThe Ranch at Fossil Creek
One Bedroom-$755
Two Bedroom, Two bath-$885
Apartment Option BHaltom Oaks
One Bedroom-$485
Two Bedroom-$595
Apartment Option CDesert Sands
Efficiency- $400
2 Bedroom- $699
Utilities
Electricity: $100-$150 a month for a one bedroom or
efficiency
Home phone and Internet: $40
Water and Sewer: $70
Cell Phone: $50 to $75
Cable Television: $40
Netflix: $8
Gas for Car: $80-120 a month
Total of $380-$495 for utilities
Total Up Amounts- What’s Missing?
•Car repairs or emergencies
•Car registration and inspection
•Oil changes
•Medical expenses (Must have medical insurance or you pay $1000 in taxes)
•Toiletries (toilet paper, toothpaste, shampoo, etc.)
•Clothes
•Makeup
•Haircuts
•FOOD
Who has ANY
money left?
Career Options (Associate Degree)
Computer Programmer
Starting
$40,000
Experienced
$80,000
Nurse
Respiratory Therapist
Paralegal
$30,000
$40,000
$30,000
$55,000
$70,000
$77,000
Radiology Technician
Graphic Designer
Dental Assistant
$35,000
$27,000
$23,000
$75,000
$76,000
$47,000
Pharmacy Technician
$20,000
$40,000
Massage Therapist
Minimum Wage
$17,000
$12,180
$68,000
Other High Paying Options
•Air Traffic Controller
•Construction Manager
•Management
•Plumber
•Industrial Production Manager
•Network IT Manager
•Law Enforcement
•Court Reporter
•Nuclear Power Reactor
Operator
•Pilot
•Sales Representatives for
Technical Equipment
•Home Care Aid Supervisor
•Electrical Repair
•Elevator Installers and Repairers
•Real Estate Brokers
•Fire Chief
No Degree
Required!
Tarrant County College IS PAID FOR!
Ogle Hair School $17,000
Remington $13,000-$20,000
Kaplan starting at $14,000
Westwood $35,000-$63,000
ITT Tech $47,328
• Many of these colleges will encourage you to take loans to pay for college and
expenses.
• They will tell you that you do not have to pay anything while you are in school,
but when you get out you have $40,000 in debt then can’t get a job because
you didn’t go to a traditional university.
Info to know for College Classes
• One college class is generally 3 hours.
• Science classes are usually 4 hours (3 hours in class, 1 hour lab)
• A full time student takes 15 hours of classes (5 classes), you
generally have to get approval to take more than 18 hours a
semester (7 classes)
• 15 hours a week in class + 15 hours a week studying=30 hours a
week doing college
• Spread out your courses so that you have a variety each semester.
You don’t want to get stuck having 3 English classes in one
semester, you will be writing 3 times the essays.
College or University
Cost per year based upon 15 hour semesters
(One class is usually 3 hours a week, So you would take
about 15 hours a semester)
Texas Christian
University (private)
$46,200 a year (30 hours)
University of North
Texas
(public)
$20,110 a year (30 hours)
Tarrant County
College (public)
$1,650 a year (30 hours)
www.tccd.edu
The 1st Year of
Tarrant County College is PAID FOR!
Ogle Hair School $17,000
Remington $13,000-$20,000
Kaplan starting at $14,000
Westwood $35,000-$63,000
ITT Tech $47,328
• Many of these colleges will encourage you to take loans to pay for
college and expenses.
• They will tell you that you do not have to pay anything while you are in
school, but when you get out you have $40,000 in debt then can’t get
a job because you didn’t go to a traditional university.
Career Options (Associate Degree)
Computer Programmer
Starting
$40,000
Experienced
$80,000
Nurse
Respiratory Therapist
Paralegal
Radiology Technician
$30,000
$40,000
$30,000
$35,000
$55,000
$70,000
$77,000
$75,000
Graphic Designer
Dental Assistant
Pharmacy Technician
$27,000
$23,000
$20,000
$76,000
$47,000
$40,000
Massage Therapist
Minimum Wage
$17,000
$12,180
$68,000
Other High Paying Options
•Air Traffic Controller
•Construction Manager
•Management
•Plumber
•Industrial Production Manager
•Network IT Manager
•Law Enforcement
•Court Reporter
•Nuclear Power Reactor
Operator
•Pilot
•Sales Representatives for
Technical Equipment
•Home Care Aid Supervisor
•Electrical Repair
•Elevator Installers and Repairers
•Real Estate Brokers
•Fire Chief
No Degree
Required!
Military
•$29,380 yearly salary ($2448 per month)
•Low cost of living
• Housing
• Utilities
• Food
Info to know for College Classes
• One college class is generally 3 hours.
• Science classes are usually 4 hours (3 hours in class, 1 hour lab)
• A full time student takes 15 hours of classes (5 classes), you
generally have to get approval to take more than 18 hours a
semester (7 classes)
• 15 hours a week in class + 15 hours a week studying=30 hours a
week doing college
• Spread out your courses so that you have a variety each semester.
You don’t want to get stuck having 3 English classes in one
semester, you will be writing 3 times the essays.
Surviving in College
•Make a friend! Exchange phone numbers/email
addresses
•Go to your professors’ office hours
•Keep a calendar (copy dates from syllabus)
•Find out where the writing lab/math lab/free
study rooms (kind of like HHS tutorials)
•Be confident and ask for help when you need it
•Be nice!
Don’t be a statistic.
76092 versus 76117
http://www.unitedstateszipcodes.org/
Explore these categories:
• Race
• Family vs Single
• Housing Occupancy
• Household Income
• Annual Induvial Earnings
• Education
How much will a zip code “define” you and the
future YOU CREATE for yourself?