Virtual Future & Family, Day 2

1. Do you want to get married? If you answered yes to this question, look up the average cost of a wedding in San Diego.
- Church/Officiant Fee: $500,Reception Site Rental: $2,500,Food: $40/plate x 100 = $4,000,Photographer: $2,000,DJ or Band: $1,500,Flowers: $750,Cake: $500,Rings: $5,000 (Read more: How much should an engagement ring cost?),Dress/Tux: $500,Open Bar: $3,500, and the Total: $20,750 for all this.
2. Do you want to have kids? If so, how many? If you answered yes to this question, look up the average cost to raise a child until they are 18 years old. Multiply this number by how many kids you want to have.
- 475,680 for one child
3. Do you want pets? If so, what kind? How many? If you answered yes to this question, lok up the average cost (including food, vet bills, etc.) for the type of pet that you want. Multiply this number by how many kids you want to have.
- 5,ooo dollars
4. Do you want to live in the city or the suburbs? Consider at least two possible locations. For each location that you are interested in, find the TYPE of home (house, apartment) that you want to live in and the average cost for a city or suburb.
- 1065 dollars a month an appt.
5. Do you want to live in a house, apartment, condo? Own or rent? For a house, apartment, or condo (choose if you want to own or rent) find three listings (go to real estate websites or craigslist) for the area you want to live in and those costs. (Price for the home or monthly rent).
- 1065 a month

www.apartmentratings.com/rate/CA-Chula-Vista.html

Virtual family/future

1. Do you want to get married?

- Yeah

2. Do you want to have kids? If so, how many?

- Yes and 3

3. Do you want pets? If so, what kind? How many?

- A pitbull and 1or 2

4. Do you want to live in the city or the suburbs? Consider at least two possible locations.

- Eastlake and Chula Vista

5. Do you want to live in a house, apartment, condo? Own or rent?

- At first I want to appt. then later when I have more money then I'll buy a house.

6. Do you want to own a car? How many? What kind?

- Yeah I want to own a Esclade  and a regal with switches.

7. Do you want to go to college?

- Yeah for 4 years

8. Do you think your potential spouse will have gone to college?

- No I dont

9. Do you want your kids to go to college?

- Hell yeah

10. Do you want a cell phone? Cable? Internet?

- I want all three

11. Do you want to cook at home every night? Go out every night? A combination of both?

- A combination of both

12. Do you want to go on vacations?

- Yeah

13. Do you want a savings account for "rainy days?"

- Yeah

Savings Account

1) What is a savings account?
-A savings account allows you to put money in a bank to earn interest.
2) What are THREE benefits of a savings account?
-One benifit is the longer you keep your money in the savings account you earn more interest.
 -In the bank Your money is also protected.
-You can also use your money to fund loans.
3) What is the FDIC? What is its purpose?
-The FDIC is Federal Deposit insurence corporation. The purpose of them is to protect your money just incase the bank closes.
4) What is compound interest?
-Compound interest  is when the bank is paying you interest on your money
thats in the bank.
5) What are credit unions?
-Credit union are  non profit  organizations that are for specific groups of people.
6) What is the difference between a regular savings account and a Money Market account?
-The basic savings account has no minimum balance requirement or a low one, but will offer a very low interest on your money.
-A Money Market accounts usually pay more money in interest but will  require you to have more money in the account.
7) Do you have a savings account?
-Yes, I do have a savings account.