Minimum monthly payment 2% of balance, not less than $15
Interest cost over loan period $6,650
Years to pay off 30 years
PAYMENT DUE DATE 01/20/20xx Sale Date Post Date Reference Number Activity Since Last Statement Amount -22.00 12/09 14481030 PAYMENT – THANK YOU * DRIVER’S EDGE CHARTER MEMBER REBATES * TOTAL Last Month’s Balance 0 Earned this Month 0 Redeemed/Expired 0 Current Balance 0 * FORD REBATES SUMMARY * TOTAL Current Balance 109 HAPPY HOLIDAYS FROM ALL OF US AT CITIBANK! We’d like to take a moment to thank you for being a Citibank cardmember and let you know that we appreciate your business. Warmest wishes for the upcoming year. FREE GIFT WITH ENROLLMENT! 30 DAYS RISK FREE! Save today on dental, vision, pharmacy, hearing and chiropractic services. Signature Dental Plan & More – the 5-in-1 health savings plan. ENROLL TODAY! Call 1-800-448-1725 and ask for offer #0410027003. Driver’s Edge Visa With NO ANNUAL FEE Account Number For Customer Service, call or write 1-800-967-8500 BOX 6000 THE LAKES, NV 39163-6000 To report billing errors, write to this address, calling will not preserve your rights. Statement Closing Date 12/28/19xx Total Credit Line $1200 Cash Advance Limit $400 New Balance $1089.22 Available Credit Line $110 Available Cash Limit $110 Account Summary Amount Due Previous Balance (+) Purchases & Advances Purchases 1089.62 22.00 21.60 1089.22 Advances Total 1089.62 22.00 21.60 1089.22 (-) Payments (-) Credits (+) Finance Charge (+) Late Charges (=) New Balance Purchases Minimum Due 22.00 Advances Minimum Due Amount Over Credit Line Fees Past Due Minimum Amount Due 22.00 Rate Summary Number of days this Billing Period 34 Calculation Method Daily Daily Daily Periodic Rate .05863% . 05178% .05178% Nominal Annual Percentage Rate 21.400% 18.900% 18.900% Annual Percentage Rate 21.400% 18.900% 18.900% Balance Subject to Finance Charge 1055.52 31.65 Purchases Before 06/25/1997 Purchases After 06/25/1997 Advances CK 2647 $22.00 Sent 1-4-xx $ .40 towards principal!
Step 2: Monthly Plan for Spending, Bill Paying, & Saving Spending Allowance Bills Savings This Month’s Spending Allowance: = 433 This Month’s Net Income: $1,785 Less This Month’s Bill & Saving Total - 1,352 Divide above figure by 4 for weekly spending allowance = $108
An apartment requires less time and physical labor to maintain.
Low upkeep costs.
Some people invest at a greater rate of return by saving the difference between the monthly cost of rent and the true cost of home ownership. Your Money or Your Life , by Dominguez and Robin, Viking Books