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# MyLife Junior - page 6 / 8

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## Page 6 of 8

8. Other: Please consider other monthly expenses, make a decision on all your choices, and write your total monthly cost for

each option in the space provided below. Then add all monthly cost together to determine the total monthly cost for other expenses.

Hair Maintenance: You may want to add the cost of monthly hair maintenance including cuts, coloring and styling. Since this is different for each individual, please include the amount you expect to spend each month in the space provided below:

Monthly Cost

Please write in the Monthly Cost for Hair Maintenance:

\$

Please write in the Total Minimum Monthly Payment for any Credit Cards you have:

+\$

Student Loan Payments: To estimate the cost of your future student loan payments, plan on \$10 per month payment for every \$1000 borrowed. Example: If you borrowed \$40,000.00 in student loans, this would be equal to a \$400.00 per month Student Loan Payment. (\$10.00 x 40 = \$400.00)

Please write in the Total Monthly Cost for any Student Loan Payments:

+\$

Credit Card Payments: Visa, Mastercard, JC Pennies, American Express, etc.

Monthly Cost

Monthly Cost

### Other:

Monthly Cost

Please write in the Monthly Cost for any other entertainment activities:

+\$

### Other:

Monthly Cost

Please write in the Monthly Cost for any other entertainment activities:

+\$

### Other:

Monthly Cost

Please write in the Monthly Cost for any other entertainment activities:

+\$

Monthly Cost

=\$

# Total Monthly Expenses

To figure your Total Monthly Expenses, add together all total monthly cost from questions 1-7 above.

Monthly Cost

Question # 1: Total Monthly Housing Cost:

+\$

Monthly Cost

Question # 2: Total Monthly Cost of Owning Your Vehicle:

+\$

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5/30/2014

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