Living in Indianapolis<br />By Zach Hall and Eddie Dinh<br />
Taxes and Income<br />
Eddie Dinh<br />Annual cost: $1,062.60<br />Monthly cost: $88.55<br />Deductible: $3,500<br />Lumenos:<br /> HSA Plus 0% (...
Housing and Utilities<br />6512 Bridge Crossing Drive<br />City: Indianapolis<br />Zipcode: 46217<br />Amenities: <br />1 ...
Housing and Utilities<br />Utilities Total:<br />$2,870 annually<br />Amenities included: Heat, Gas, AC<br />Electricity: ...
Food and Household Goods<br />Assumed cost of household supplies/ toiletries: $50 dollars/monthsplit between both roommate...
Transportation<br />Indianapolis Bus System<br />IndyGo<br />Extensive bus system that has one  bus at each stop every fiv...
Savings:<br />Eddie:<br />$12,000 (20% income)<br />CD (certificate of deposit) at Bank of America: $10,000<br />$10,000 m...
Entertainment<br />Shared devices/costs<br />Home entertainment<br />NetFlix: $96 annually<br />XBox360: $300<br />Games: ...
Totals:<br />Eddie<br />Taxes: 17, 368<br />Healthcare: 1,062.60<br />Housing: 12,067<br />Food/supplies: 11,300<br />Tran...
Upcoming SlideShare
Loading in...5
×

Living in indianapolis

174

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
174
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Living in indianapolis

  1. 1. Living in Indianapolis<br />By Zach Hall and Eddie Dinh<br />
  2. 2. Taxes and Income<br />
  3. 3. Eddie Dinh<br />Annual cost: $1,062.60<br />Monthly cost: $88.55<br />Deductible: $3,500<br />Lumenos:<br /> HSA Plus 0% (single)<br />0% coinsurance<br />Individual coverage<br />Available funds: <br />$42,632 - $1,062.60 = $41,569.40<br />Annual Cost: $1,309.08<br />Monthly Cost: $109.09<br />Deductable: $2,500<br />Anthem Blue Cross: <br />Lumenos HSA Plus 0%(Single)<br />0% Coinsurance<br />Individual Coverage<br />Available funds: <br />$39,384.5 - 1309.08 = $38,075.42<br />Health insurance <br />Zach Hall<br />
  4. 4. Housing and Utilities<br />6512 Bridge Crossing Drive<br />City: Indianapolis<br />Zipcode: 46217<br />Amenities: <br />1 story apartment<br />2 bedrooms<br />2 bathrooms<br />2 baths<br />Free garage parking<br />Furniture cost: $9,000<br />Housing Costs: <br />Total: <br />First year: $21,264<br />$12,264 annuallyLease Term: 1 year<br />Deposit: $250<br />Rent: <br />$1,000 monthly$12,000 annually<br />Size: 1034 sq. ft<br />Renter's insurance: <br />$264 / year (State Farm)<br />
  5. 5. Housing and Utilities<br />Utilities Total:<br />$2,870 annually<br />Amenities included: Heat, Gas, AC<br />Electricity: $50 - $75 monthly<br />Avg: $62.50 monthly, $750annually<br />Water: $50 - $70 monthly<br />Avg: $60 monthly, $720 annually<br />Telephones: <br />Approx: $50 monthly from Verizon, $600 annuallyUnlimited texting. video, and picture messaging, web browsing $35$.40/ minute, assuming approximately 30 minutes<br />Internet: $100 annually each, using a USB 4G Verizon modem<br />Housing and Utilities overall cost:<br />Total:<br />$15,134 annually<br />$1,261.17 monthly<br />$7,567 annually per person<br />$630.58 monthly per person<br />First year: <br />$12,067 per person<br />$1,005.58 monthly per person<br />Eddie:<br />Available Funds:<br />$41,569.40 - $12,067 = $29,502.40<br />Zach:<br />Available Funds:<br />$38,075.42 - $12,067 = $26,008.42<br />
  6. 6. Food and Household Goods<br />Assumed cost of household supplies/ toiletries: $50 dollars/monthsplit between both roommates, $300 each.<br />Microwave and Refrigerator included with home.<br />Daily cost of food: <br />$30<br />Annual cost of food:<br />$11,000<br />Total food and supplies:<br />$11,300 per person<br />Eddie:<br />Available funds:<br />$29,502.40 – 11,300 = $19,202.40<br />Zach: <br />Available funds:<br />$26,008.42 – 11,300 = $15,708.42<br />
  7. 7. Transportation<br />Indianapolis Bus System<br />IndyGo<br />Extensive bus system that has one bus at each stop every five minutes (approximately)<br />31-day pass: $60<br />Annual cost: $720<br />Eddie <br />Available funds:<br />$18,202.40 – 720 = $17,482.40<br />Zach<br />Available funds:<br />$15,708.42 – 720 = $14,988.42<br />
  8. 8. Savings:<br />Eddie:<br />$12,000 (20% income)<br />CD (certificate of deposit) at Bank of America: $10,000<br />$10,000 minimum to open a Featured CD<br />A locked 0.60% APY<br />Short 12-month term<br />FDIC Insured<br />Checking account at BoA: $2,000<br />Available Funds: <br />$17,482.40 – 12,000 = $5,482.40<br />Zach:<br />$11,000 (20% income)<br />CD (certificate of deposit) at Bank of America: $10,000<br />$10,000 minimum to open a Featured CD<br />A locked 0.60% APY<br />Short 12-month term<br />FDIC Insured<br />Checking account at BoA: $1,000<br />Available Funds: <br />$14,988.42 – 11,000 = $3,988.42<br />
  9. 9. Entertainment<br />Shared devices/costs<br />Home entertainment<br />NetFlix: $96 annually<br />XBox360: $300<br />Games: 4 games per year, $50 per game, $200 annually<br />Samsung Ln40A550 40-inch 1080p LCD HDTV: $1,313<br />Total: <br />$1,909 total<br />$954.50 each<br />Eddie:<br />Clothes: <br />$30 weekly, $1,560 annually<br />Gym membership included with community fitness center<br />Travel and vacations: $2,000<br />Available funds: <br />$5,482.40 – 4,515.50 = $967.90<br />Zach: <br />Clothes: <br />$30 weekly, $1,560 annually<br />Gym membership included with community fitness center<br />Travel and vacations: $1,400<br />Available Funds:<br />$3,988.42 - $3,914.50 = $73.92<br />
  10. 10. Totals:<br />Eddie<br />Taxes: 17, 368<br />Healthcare: 1,062.60<br />Housing: 12,067<br />Food/supplies: 11,300<br />Transportation: 720<br />Extracurricular: 4514.50<br />Savings: 12,000<br />Remaining: $967.90<br />Zach:<br />Taxes: 15,616.50<br />Healthcare: 1309.08<br />Housing: 12,067<br />Food/supplies: 11,300<br />Transportation: 720<br />Extracurricular: 3914.50<br />Savings: 11,000<br />Remaining: 73.92<br />
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×