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mcecon2008	Mr. McGrath
Horlick High School	Be sure to fill in your financial plan information on the quiz link. You will need to save all your information and links on your quia page as well.
http://www.quia.com/pages/htmlexample.html
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Building Your Financial Plan

Link to articles concerning future financial plans.

In today's knowledge-based economy, a college degree is a necessary qualification for entry to the middle class. Over the last 30 years, as real wages for workers with only a high school diploma have fallen, the life outcomes for those with college degrees have diverged from those with only high school degrees.First find out what College is going to cost you, then choose what your major will be.
Useful Links for the College section:

College Search

Major Profile
Loan Repayment Plan
Loan Repayment Plan

HELPFUL CALCULATORS
Career

Deciding on your career

If you already have a career in mind, great! If not, try visiting CollegeBoard's major profiles, to see what you can do with your chosen major. You must choose something

Major Profile
Also look at this site.

careervoyages

Figuring out your salary

Salary Wizard

Go to the SalaryWizard link below to find what you can make in your career, where you are living
On your profile, click paycheck to see your monthly paycheck, as well as calculate deductions from that check, such as healthcare, and your 401k plan.
You need to participate in a 401k plan
Provide a breakdown of your paycheck, as well as biweekly total, and yearly total before deductions on your financial plan

Useful Links for the Careers Section

You must also choose where you want to live. If you do not know, then use Racine, WI. Keep in mind that some areas may have less or more demand for your career than another area

Zip Code Lookup
Starting your own business

Life Buying a house

Head to a real estate site in the links below to find a home
Keep in mind what you are making. You won't be able to afford the mansion if you only bring home 4000 a month. The monthly payments will have to fit into a buget you will create, so plan accordingly!
Pick out an actual home that you would 'buy', and list the specs for that.
Include the monthly payment cost of the house in full, interest rate, payment time, and down payment as the information is available
You may also want to add pictures or other details about your house

Real Estate at Yahoo
REALTOR.COM
How much house can you afford.
How much can you afford on based on income
Buying a car

Head to a car buying site in the links below to find a car

When choosing a car, keep in mind what you're going to be making. You're not going to be able to get that Porsche when you only make 1000 dollars a week. This will have to fit into a budget you will be creating, so plan accordingly!

Put the cost of the car on your page, as well as the make and model. You may wish to add pictures or other details such as optional equipment as well.

List all transportation you plan on buying. Again, keep in mind your budget, and gas prices!

Use an auto loan calculator (link below) to help you figure out what this car is going to cost you per month.

Include in your financial plan the amount of the loan, the interest rate, how long the loan is for, and your monthly payments.

Cars at edmunds.com
How much car can you afford.
CAR FINANCING HELP.com
Budgeting

Visit the budget calculator (link below) and input as many values as you can. If you are not sure, ask your parents what they spend on that in a month, and use that number
Be sure to add your monthly college loan expenses in the 'other' category!
List both your budget summary, and expenses breakdown on your financial plan. Add the graphs and charts provided for you if possible
If you have a deficit, you're going to have to change something - most likely your house and car. If you can't lower the monthly payments, you will have to find something cheaper.

inflation caculator
Budget Calculator
Budget Calculator
Budget msn
Useful Links for the Life Section
- Credit scores make a difference in your loan rate
- Real Estate at Yahoo
- Cars at edmunds.com
- Auto payment calculator
- Credit payment calculator
- Budget Calculator
- investment portfolio
  Inflation Calculator
  Inflation Calculator
- Useful caculators for car,house,retirement, and misc.
- Tax brackets
  
  > Retirement
- Go to the retirement planner in the links below to help you plan for your retirement! You will need your salary and budget information from before
Useful Links for Retirement

Retirement Planner

Median Salary by Employer Type - Country: United States (United States)
Compare your salary: Get a free Salary Report
http://www.payscale.com/research/US/Country=United_States/Salary/by_Employer_Type

List of sites in order

Financial Calculator

Future savings

financial plan handout

drug report 2007 - Upload a Document to Scribd

<p>Link to Cnn news.</p>

My Quia activities and quizzes

Personal Financial Plan -For CP Economics Classes

http://www.quia.com/quiz/1184636.html

Economics Final for Financial planning

http://www.quia.com/quiz/1409099.html

Useful links

Last updated 2009/06/16 19:19:32 CDT

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