3. Location
Rhode Island (Warwick)
Rh d I l d (W
i k)
• Capital: Providence
• Population: 1,048,319 (2000)
• Warwick is the 2nd largest city in
terms of population.
f
l i
• Nickname: “The Ocean State”
• Weather is erratic and quick to
change
Things to do and places to go:
hi
d
d l
• Beaches
• Sailing
g
• Skiing
• Museums
• Art Galleries
• Ice Skating
Horseback Riding
• Horseback Riding
4. Housing
$1,200
$1 200
$400
On site Laundry
On site Laundry
Free Fitness Center
Pool
Basketball and
Tennis courts
• Elevator
•
•
•
•
Monthly Budget
-Monthly Rent
g
g
Remaining Budget
$500
$1,400
Villa Del Rio
One Bedroom
Standard $975/mo.
Furnished
780sq.ft
2 months’ rent
required for deposit
(out of savings)
= $3,216
= $975
= $ ,
$2,241
Beginning Savings = $5,000
+ Deposits
0
$ ,
$1,950
- Withdrawals
Ending Savings
= $3,050
19. Financial Goals
• Short Term (1‐6 months)
(
)
– Part time job to earn more money.
– Save an extra $100 per month.
• Medium Term (6 months – 3 years)
Medium Term (6 months 3 years)
– Work on getting a promotion by acquiring additional skills either
on the job or through additional learning.
– Keep saving an extra $100 per month to have a total of $4,000 in
savings.
i
– Take a vacation to The Bahamas for $1,400
• Long Term (3+ years)
– Have a 20% down payment to buy a condo in 5 years by:
– Continuing to save an extra $200 per month.
– Saving any extra money earned through pay raises.
22. Banking
g
•
•
•
•
•
SAVINGS
Online Savings 0.84%
Online Savings 0 84%
Excessive Transaction(s) Fee$10.00
Overdraft Item Paid or Overdraft Item
O erdraft Item Paid or O erdraft Item
Returned (maximum 1 fee per day)$9.00
Returned Deposit Item$7.50
Returned Deposit Item$7 50
Delivery for items: overnight checks,
etc.$15.00
etc $15 00
Account Research Fee$25.00 per hour
23. Credit Card
•
•
•
•
•
•
•
•
•
•
•
Real Cash Rewards
R lC hR
d
5% cash back in categories that change throughout the year, up to the quarterly
maximum. Signing up each time is free and easy. See 5% Cashback Calendar
Unlimited 1% cash back on all other purchases*
Cashback Concierge
Call your Cashback ConciergeSM any time for a 1‐on‐1 online tour that helps you
get the most out of your rewards based on how you use your card.
More Welcomed Than Ever
Accepted Where you Shop at over 8 million merchants1 nationwide.
The Rate
No Annual Fee
12.99% – 18.99% Standard Variable Purchase APR
12 99% 18 99% Standard Variable Purchase APR
*Terms and Conditions
24. Mad Money
y
• I will spend $200 of the tax rebate check on a
I will spend $200 of the tax rebate check on a
spa day and save the other $300 towards my
financial goals.
financial goals
