Blog #4

• The total of my future expenses each year are about $70,000.  I know this is logical because my primary source for information is http://www1.salary.com/registered-nurse-Salary.html
• According to http://www.payscale.com/research/US/Job=Registered_Nurse_(RN)/Hourly_Rate I can likely count on making $82,000 each year in my future job as a registered nurse. My education/training to get that job will cost roughly around $20,000 to $30,000 total for all years of training.
• I want to save $10,000 for my rainy day fund each year, and $20,000 for retirement each year.  If I save $20,000 for retirement each year, by the time I am 65 years old I will have around $600,000 plus interest.
• Comparing my future income and expenses makes me think about how important it is to know my expenses and know how to budget my money wisely in the future.