Ilana ZelenyLizzy Ward

Raichel Topale

Background Info

Sally Benson is a 23 year old woman with a 3 year old son, Ben.

Works as a cashier at local Shaws 20 hours a week

Is a waitress at Fridays 40 hours a weekLives in BrocktonHas a high school diploma, never graduated

college

Salary/Taxes

Shaws 20 hours a week: $9.28 per hour. Friday’s 40 hours a week: $7.64 per hour.

Tips per hour $15.00

Gross income $56, 742.40

taxesNet income: $40,430.27

Childcare

Brockton Area Childcare$28 per day $8,736 per year

HousingBrocktonMulti family home2 bedrooms, 1 bathroom$850 per month-utilities included $10200 per year

Transportation

BAT-Brockton Area Transit busesDiscount pass-$35 per monthPer year-$420Children under 5 ride free

Healthcare

Commonwealth care- $77 per month

Office visit co pay- $15Prescription drugs- $18Estimated total- $1007 per year

Food

Shopping per week-mostly perishable foods

$41.94Shopping per month-mostly items in

bulk$43.76

Per year about $2706.00

THE BIG PICTURE

Cost of everything together: $30,969.84

THE BIG PICTURE

Weekly monthly annually$41.94 $43.76 $16311.73

groceries groceries/supplies taxes$196 $77

childcare healthcare$30,969.84$35

transportation$850

housing + utilities

What’s Left

The amount left, yearly: $9460.43

Realistically, $5,000 per year can go into a savings account

About 8% of income for retirment fund/college savings

conclusion

Can save $ but gives up a lot of luxuries

Lives simplyPoverty line for family of 2-

$15,130We are well above the poverty lineCan afford basics but not luxuries