Maine's University System

Maine's Community Colleges

Occupational Outlook Handbook

 

 

 

 

 

 


 

 

 

Education: Associate degree

Salary: $ 28,000 per year

Your pay: $ 1,750 per month (after you pay taxes!)

Benefits: Full package (can include paid vacation, sick days, and retirement savings)

Vacation: 3 weeks

Can You Afford Your New Life?

Check below what you would like to have in your new life, then submit your choices to find out if you can afford all of your needs and wants based on your income. Feel free to go back and change some of your answers, just click the submit button once again and your budget will be recalculated. (Big Hint: you might find that a college education can help you afford your new life). Ready? Ok, Get a Life!

Choose your Home

roommate(s): $300
$600
$750
$1400

Select your Heat & Electricity Cost based on your above selection




Own your own house:

Choose your monthly payment for transportation




Select your monthly insurance cost based on the selection above





Budget the monthly amount you'll spend on gas






Budget the Amount you want to spend on Food





Choose a monthly telephone and/or wireless phone option:






Choose one clothing expense




Student Loans - based on degree required for your occupation




$300

Choose other optional living expenses






Dial-up Internet service: $20 per month
High-speed Internet service: $45 per month
Owning a pet dog or cat: $25 per month
Credit card balance: $100 per month
New desktop computer: $75 per month
Savings Account: $100 per month

Choose fun monthly expenses

Going out with friends: $100 per month
Going out to dinner once a week: $50 per month
Gym membership: $30 per month
Attending movies: $28 per month
Go to play or athletic game: $25 per month
Purchase movies, CD's, or iTunes $20 per month
Other $
Other $
Other $

What do you make each month $
Total of Expenses $
MONEY LEFT OVER $

1) Can you afford all that you checked with what you get paid each month?                     YES          NO  WAY

2) Remove some of items you can live without so you can live within your financial limits and

your budget again.

3) Are you happy with your choices? What changes would you make?

 

 

 

 

 

   
College Bound Maine! is a website dedicated to assisting Maine students seeking post-secondary opportunities.