Assignment 10
WISH LIST
Housing
HousingTwo-Bedroom Trailer
Good condition, garden in place, deck, playground, close to major highways. Excellent school in neighborhood. Located in rural area.
Cost: $55,000
Rent: $400/Month
Mortgage: $470/Month
Six-bedroom Rambler – built on a half-acre lot, gorgeous landscaping. Located 45 minutes from downtown in a rural area, upgraded kitchen, sprinkling system, 2 ½ baths
Cost: $400,000
Mortgage: $2,200/month
The Fixer-Upper
Small “fixer-upper” in a run-down neighborhood with higher levels of crime and on a busy road. Very close to city. 2 bedrooms, 1 bath, hardwood floors, air-conditioning.
Cost: $150,000
Rent: $750/month
Mortgage: $900/month
Cutie Patootie
Cute but small three-bedroom house only 20 minutes to city limits in desirable area, close to the University. Built in 1925, needs repairs. Highly valuable area.
Cost: $250,000
Rent: $1,100/month
Mortgage: $1,500/month
Basement Apartment
Small studio apartment (one-room) in semi-restored older home. Hot plate and fridge, shared bath, laundry in basement. 20 minutes to downtown.
Rent:$520/month
Comfortable Mid-Size House
Midsize house in good area, in a quiet area. Needs some work, three bedroom. On road with higher traffic.
Cost: $219,000
Rent: $1,000/month
Mortgage: $1,300/month
Stylish Executive Home
Nestled near the mountains in an exclusive neighborhood, close to ski resorts, and far from the nearest grocery store. 6 bedrooms, 4 baths.
Cost: $620,000
Mortgage: $3,500/month
Grandma’s House
Small, cute, and a little fussy. Located on a busy road in an unpopular area of town. Landscaped, 2 car garage, 4 bedrooms, 2 baths, more than 50 years old.
Cost: $120,000
Rent: $550/month
Mortgage: $700/month
Restored House
Restored four-bedroom century home in the heritage district. Original moldings, tow working fireplaces, hardwood floors, modernized kitchen and baths. Close to capital city.
Cost: $360,000
Rent: $1,700/month
Mortgage: $2,000/month
Apartment Suite
One-bedroom-plus-den high-rise suite. Washer-dryer, dishwasher, two bathrooms. Skyline view, club room and weight-room facilities.
Cost: $112,000
Rent: $1200/month
Mortgage: $1500/month
Condo
Three-bedroom, two-bath end unit in ten-year old subdivision. Five appliances, mature trees, close to school, excellent condition. Pay HOA fees.
Cost: $190,000
Rent: $950/month
Mortgage: $1,100/month
HOA Fees: $50.00/month
Duplex
Three-bedroom, 2 ½ bath in a renovated midtown duplex. Ten-foot ceilings, no yard, quiet street.
Cost: $180,000
Rent: $900/month
Mortgage: $1,000/month
Upscale 4-Bedroom House
Four bedroom, 3 bath, in upscale area. Close to good schools, about 20 minutes from metro area. Shopping nearby, but in a nice neighborhood. Not on a busy road.
Cost: $300,000
Mortgage: $1,703/month
Inner City Home
4 bedroom, 2 bath, in less popular part of town. Beautiful home, but a more dangerous neighborhood. On a quiet street.
Cost: $207,000
Rent: $1,050
Mortgage: $1,250/month
Midsize Apartment
Two-bedroom walk-up apartment in midtown. Close to shopping, transit, and theaters.
Rent: $450/month (live with roommate)
Rent: $850/month (live by yourself)
Rent: $250/month (share room w/ roommate)
Living at home with parents/family
Rent: $50/week, $200/month
Mansion
8-Bedroom, 5-bath mansion in private area. Great view, horse property, recent upgrades and remodeling, separate apartment downstairs.
Cost: $1,099,000
Mortgage: $6,300/month
YOUR PARENT’SHOUSE HERE
Transportation
If you are married, you must choose a transportation option for EACH of you.
Volkswagen Beatle
New: $24,000 = $450/month
Used: $13,000 = $250/month
Ford Explorer
New: $32,000 = $600/month
Used: $20,000 = $400/month
Hyundai Accent
New: $10,000 = $180/month
Used: $5,000 = $100/month
Mini Convertible
New: $21,000 = $400/month
Used: $11,000 = $200/month
Chevrolet Silverado
New: $28,000 = $550/month
Used: $18,000 = $350/month
Porsche Boxster
New: $50,000 = $950/month
Used: $18,000 = $650/month
Chrysler Town and Country
New: $27,000 = $500/month
Used: $19,000 = $350/month
10-year-old Volvo Turbo
Used: $7,000 = $150/month
Oldsmobile Intrigue
Used: $4,500 = $100/month
Piece of Crap Car
Used: $1,200 = $100/month
More used: $700 = $50/month
Dodge Viper
New: $86,000 = $2000/month
Hummer
New: $120,000 = $2500/month
Bicycle
New: $800 = $65/month
Economy: $200 = $20/month
Bus Pass
$50/month
Motorcycle
New: $6,000 - $275/month
Used: $95/month
Taxi
1 to 5 times a week: $40 to $240/month
10 to 20 times a week: $400 to $800/month
Pickup
New: $15,500 = $295/month
Used: $4,500 = $150/month
Groceries
Budget: The bare necessities like bread, milk, eggs, etc.
Cost: $150.00/month for 1 or 2 adults, $50 per child
Homestyle: Comfortable amount, ready to cook at home.
Cost: $250.00/month for 1 or 2 adults, add $50 per child
Gourmet: Fancy foods, high-end, cooked for you and served
Cost: $350/month for 1 or 2 adults, add $50 per child.
Clothing
Discount: Basics from stores like K-Mart, Wal-Mart, Ross, Kid to Kid and the D.I.
Cost: $50.00 for 1 or 2 adults, $20 per child
Casual: Casual wear like jeans and t-shirts from mid-level stores like Sears, Mervyn’s, Babies R Us, etc.
Cost: $75.00 for 1 or 2 adults, $25 per child
Professional: Suits, ties, dresses from high-end stores like Dillard’s Nordstroms, Gymborie, Baby GAP, etc. Necessary if you have a professional job.
Cost: $100.00 for 1 or 2 adults, $50 per child
Media Services
Standard Plan
Unlimited Minutes
Average Phones
One Adult: $60.00/mo
Two Adults: $120.00/mo
Economical Plan
700 minutes
Average Phones
One Adult: $40.00/mo
Two Adults: $80.00/mo
Land Line
Home Land Line—use alone or in addition to cell phone
$30.00
Advanced Plan
Unlimited Minutes
iPhones/Blackberry
One Adult: $120.00/mo
Two Adults: $180.00/mo
Phone Service
Cable/InternetBasic Cable
Basic channels only
$20.00
Average Cable
100 Channels
$60.00
Deluxe Cable
400 Channels
$120.00
Internet Service (average speed)
$40.00
Internet Service (fast speed)
$60.00
Entertainment & Extras
Eating Out
Fast food: $50 - $100 per adult
Dining: $100 - $200 per adult
iPod
$20/month
Professional Sports Season Tickets
Cost: $50.00/month
Bowling
Cost: $10.00
Movies
Cost: $10.00 per month per adult
Ski/Snowboarding
Season Pass: $110.00 per person
Run: $40.00
Computer System
Cost: $2,500
Monthly: $125/month
Netflix
2 DVD’s at a time - $18.00/month
Entertainment Options
X Box 360
Cost: $350.00
$50/month
Including Games & Controllers:
$500.00
$75/month
Pets
Cost: $30.00 monthly
$10 for each additional pet.
Digital Video Camera
Cost: $600.00
$100/month
High-End Photo Camera
Cost: $600.00
$100/month
Entertainment OptionsMotor Home
New: $55,000 - $600/month 10 years
Used: $18,000 - $175/month 10 years
Sound System
Decent: $1,800 = $80/month/2years
Discount: $900 = $45/month/2 years
Transportation Extras
Horseback
Purchase & Upkeep = $300/month
4-Wheeler
New: $8,000 = $250/month
Sea-doo
Brand New: $25,000 $600/month
Used: $11,000 $250/month
Speedboat
New: $20,000 = $350/month
Snowmobile
New: $10,000 = $300/month
Used: $2,800 = $125/month
Harley Davidson
New: $30,000 = $600/month