Virtual Future & Family, Day 3

7. Do you want to go to college? Find the average loan/debt accumulated for a 4-year bachelor's degree. Find what your monthly payment would be.
- military
8. Do you think your potential spouse will have gone to college? Double your college loan/debt amount. Double your monthly payment.
- No
9. Do you want your kids to go to college? Look up how college rates are expected to climb in 25 years. How much money should you save per month to have a college fund for your child? Multiply this by the number of kids you want to have.
- military
10. Do you want a cell phone? Cable? Internet? Look up the average monthly cell phone bill. Look up the average cable bill. Look up the average wireless internet bill.
- 30 dollars for everything
11. Do you want to cook at home every night? Go out every night? A combination of both? Consider your family size (your spouse, the number of kids you want to have, and yourself). Find the average grocery bill. Then, look up how much people spend on just going out/eating out each month. Add those totals together.
- 450 dollars a month
12. Do you want to go on vacations? Consider one place that you want to go. Where is it? Look up the ticket price. Look up the hotel rate and multiply it by the number of days you'd want to go on vacation for.
- 4,000 dollars
13. Do you want a savings account for "rainy days?" Look up the percentage of money that you should save each month from your paycheck.
- 40 dollars