- The total of my future expenses each year are $65,000. I know this is logical because my primary sources for information are many different online resources including glassdoor.com.
- According to glassdoor.com I can likely count on making $101,375 each year in my future job as a business development manager. My education/training to get that job will cost $0 because my parents will pay the total for all years of training.
- I want to save $20,000 for my rainy day fund each year, and $20,000 for retirement each year. If I save $20,000 for retirement each year, by the time I am 65 years old I will have $900,000 plus interest.
- Comparing my future income and expenses makes me think that I'm confident in the field I want to join and hope to be able to prosper there. If I can really succeed I think I can live the kind of life style that I want to live.
Tuesday, July 15, 2014
Blog Down For What? Part 4
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Hey Andy,
ReplyDeleteDon't forget that you have to take into account the amount of taxes you will pay on your income. You are very lucky to have parents who are willing to cover your academic expenses, but I'm sure you will be thinking about scholarships and other ways to contribute yourself.
btw- great title...
Sounds like a pretty good plan! Be sure to thank your parents and maybe pay them back later in life if you can!
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