Question

After completing this chapter, you should have come up with a monthly total (ballpark

estimate) of how much money you would need each month to live a lifestyle you want.
Be sure to look at your research to make sure your top career choices fall in line with the
salary needed to maintain your budget.

What was the monthly amount for you?

Do your top choices fall in line with your budget?

Answer 1

I can suggest some tips that can help you come up with a monthly amount you would need to maintain your desired lifestyle. Firstly, consider your monthly expenses like rent/mortgage, utilities, groceries, transportation, entertainment, and other discretionary spending. Next, estimate how much each of these expenses would cost you in a given month. You can also use online budgeting tools or calculators to help you estimate your monthly expenses.

As for your top career choices, it is essential to research and find out the expected salary range for those professions. This information can help you determine whether your desired lifestyle is feasible with those career choices. If the expected salary does not match your budget requirements, you may need to reevaluate your choices and consider alternative career paths.