how much was your average salary? take your average salary and divide by 12. you now have your gross...
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![Page 1: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/1.jpg)
How much was your average salary?
• Take your average salary and divide by 12. • You now have your gross annual income (This
does not include taxes.)
![Page 2: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/2.jpg)
How many children do you want?
• Child-rearing expenses vary considerably by household income level.
Child, husband-wife family, annual expenses ranges an average of about from $10,000 per year.
Decide how many children you want and figure out how much it will cost per month.
![Page 3: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/3.jpg)
Examples of Household Expenses for Children
Housing expenses• consist of shelter (mortgage payments, property taxes,
or rent; maintenance • and repairs; and insurance), utilities (gas, electricity,
fuel, cell/telephone, and water), and house • furnishings and equipment (furniture, floor coverings,
major appliances, and small appliances). • Mortgage payments included principal and interest
payments. Overall, principal payments • constituted 15 percent of overall housing expenses.
![Page 4: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/4.jpg)
Examples of Household Expenses for Children
Food Expenses
• consist of food and nonalcoholic beverages purchased at grocery, convenience,
• and specialty stores, including purchases with Supplemental Nutrition Assistance Program
• (formerly called the Food Stamp Program) benefits; dining at restaurants; and household
• expenditures on school meals
![Page 5: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/5.jpg)
Examples of Household Expenses for Children
Food Expenses
• consist of food and nonalcoholic beverages purchased at grocery, convenience,
• and specialty stores, including purchases with Supplemental Nutrition Assistance Program
• (formerly called the Food Stamp Program) benefits; dining at restaurants; and household
• expenditures on school meals
![Page 6: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/6.jpg)
Examples of Household Expenses for Children
Clothing expenses• consist of children’s apparel such as diapers,
shirts, pants, dresses, and suits; • footwear; and clothing services such as dry
cleaning, alterations, and repair.
![Page 7: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/7.jpg)
Examples of Household Expenses for Children
Health Care Expenses
• consist of medical and dental services not covered by insurance,
• prescription drugs and medical supplies not covered by insurance, and health insurance
• premiums not paid by an employer or other organization. Medical services include those
• related to physical and mental health• .
![Page 8: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/8.jpg)
Examples of Household Expenses for Children
Child care and education expenses• consist of day care tuition and supplies; baby-
sitting; and • elementary and high school tuition, books,
fees, and supplies. Books, fees, and supplies may be
• for private or public schools
![Page 9: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/9.jpg)
Examples of Household Expenses for Children
Child care and education expenses• consist of day care tuition and supplies; baby-
sitting; and • elementary and high school tuition, books,
fees, and supplies. Books, fees, and supplies may be
• for private or public schools
![Page 10: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/10.jpg)
Examples of Household Expenses for children
Transportation expenses
• consist of the monthly payments on vehicle loans, downpayments,
• gasoline and motor oil, maintenance and repairs, insurance, and public transportation
• (including airline fares)
![Page 11: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/11.jpg)
Examples of Household Expenses for children
Miscellaneous expenses
• consist of personal care items (haircuts, toothbrushes, etc.),
• entertainment (portable media players, sports equipment, televisions, computers, etc.), and
• reading materials (nonschool books, magazines, etc.)
![Page 12: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/12.jpg)
Home Prices In Hicksville
![Page 13: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/13.jpg)
Apartments for Rent in Hicksville
![Page 14: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/14.jpg)
Apartments for Rent in Hicksville
![Page 15: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/15.jpg)
Apartments for Rent in Hicksville
![Page 16: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/16.jpg)
Apartments for Rent in Hicksville
![Page 17: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/17.jpg)
Apartments for Rent in Hicksville
![Page 18: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/18.jpg)
Apartments for Rent in Hicksville
![Page 19: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/19.jpg)
Apartments for Rent in Hicksville
![Page 20: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/20.jpg)
Apartments for Rent in Hicksville
![Page 21: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/21.jpg)
Groceries
• The U.S. Department of Labor estimates that the average American family of four spends $8,513 per year on groceries. That averages out to $709 per month in 2008!
Click below to read the article• https://www.longislandexchange.com/family/
glazing-over-the-grocery-bills/
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Heating
• About two-thirds of Long Island homes are heated with oil. The average home uses about 880 gallons a year, according to the Oil Heat Institute of Long Island. The average cost now to fill a typical homeowner's 275-gallon tank is $1,195.
• Delivery every 1-2 months depending on the weather.
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Clothing…
• Questions to ask yourself…• Where do you shop? Are you frugal and shop
at Target or must you buy designer clothes?
• How much will you need to spend on work clothes? The average cost for one suit (male or female is $250.00 each)
![Page 24: How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)](https://reader038.vdocuments.site/reader038/viewer/2022103023/56649db65503460f94aa806f/html5/thumbnails/24.jpg)
Transportation
• Will you own a car? What type of car?• A Honda Accord’s average cost per month is
$300.00
• The average cost to and from work in gas is $200.00 a month. That is not including gas for extra travel or maintenance such as oil change.
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See the statistics for the costal areas!
• http://www.bls.gov/ro2/ce9805.htm