Blog #4

~ The total of my future expenses each year are $68,710.  I know this is logical because my sources for information are:

1. https://secure.californiacolleges.edu/Financial_Aid_Planning/Financial_Aid_101/how_much_does_college_cost.aspx
2. http://interactive.taxfoundation.org/propertytax/
3. http://thelawdictionary.org/article/how-much-does-health-insurance-cost-for-the-average-adult/
4. http://salary.com/

~ According to salary.com I can likely count on making $77,258 each year in my future job as an ultrasound technologist or $197,711 each year in my future job as a pediatrician.  My education/training to get a job as an ultrasound technician or pediation will cost $110,224+

~ I want to save about $5,000 for my rainy day fund each year, and $6,000 for retirement each year.  If I save $6,000 for retirement each year, by the time I am 65 years old I will have $210,000 plus interest.

~ Comparing my future income and expenses makes me think that I need to be smart with my spending in order to be able to live a comfortable life in the future.