Microsoft PowerPoint - IRPC Student Affairs 2017

Disposable Income: The Case of Two Graduates

$110,000 $35,200 $74,800

$95,000 $30,400 $64,600 $4,800 $21,600 $8,400 $7,200 $3,000 $ 4,104 $49,104

Salary

Taxes/Payroll Deductions (32%)

Net Salary

Health Insurance

$4,800

Rent ($1,800/month)

$ 21,600 $ 8,400 $7,200 $ 3,000 $4,104 $49,104

Groceries/

Entertainment Transportation

Personal Expenses

Other Costs

Salary Balance

$25,696

$15,496

Loan ($1,468*12)

$17,616

$17,616

Disposable Income

$8,080 $673.33

$ (2,120) $ (176.67)

Monthly Disposable Inc.