Cory and tisha case study personal financ
WebMar 17, 2024 · Based on record-keeping suggestions in the Money article, Cory and Tisha have put together the following information to help you answer their personal finance questions. 1 . Family: Cory and Tisha met in college when they were in their early 20s. They continued to date after graduation, and 6 years ago got married. Cory is 31 years old. WebPersonal Financial Planning Case Study. Part II: Managing Your Money Cory and Tisha are back asking for your help, only this time the topics are cash management, credit use, and major purchase. Tempting credit card offers continue to come in the mail. Recall that they have Visa, Mastcard, Discover, and American Express credit cards as well...
Cory and tisha case study personal financ
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WebMar 20, 2013 · Personal Financial Planning Case Study. Part II: Managing Your Money Cory and Tisha are back asking for your help, only this time the topics are cash management, credit use, and major purchase. Tempting credit card offers continue to come in the mail. Recall that they have Visa, Mastcard, Discover, and American Express credit … WebCase study: Cory and Tisha Dumont. 1. Dumonts are in the stage of accumulating wealth. In this 1st stage, they mostly need to set their 3 levels of financial goals plan a debt, and …
WebCory is 31 years old. Tisha is 30 years old. Their son, Chad, just turned 4 years old, and their daughter, Haley, is 2 years old. They also have a very fat tabby cat named Ms. Cat. Employment: Cory works as a store manager and makes $45,000 a year. Tisha works as an accountant and earns $53,000 a year. WebCory’s needs = $38,000 x (1 – 0.22) x 12.46 = $369,314 Tisha's needs = $46,000 x (1 – 0.22) x 12.46 = $447,065 Cory currently has $76,000 (2 x $38,000) of term life insurance through his employer. Consequently, Cory should consider purchasing approximately $293,000 of additional life insurance coverage.
Web· Question 23: Based on their gross monthly income of $7,000 and monthly debt repayment of $911, what is the maximum mortgage amount for which Cory and Tisha could … WebCory and Tisha found a used car that costs $12 000. They can finance through their bank at an interest rate of 8 percent interest for a maximum of 48 months. The rate for new car …
WebThe Dumonts’ take-home pay (after deductions for taxes and benefits) is approximately $5,175 monthly. Current nonmortgage debt payments equal $911 (i.e., $405 auto, $100 …
Web1. Taxes: Cory and Tisha have been surprised at the amount of federal, state, Social Security, and Medicare taxes withheld from their pay. They aren't sure if the tax 2. and … michelle tapley simplotWebTisha has indicated that she thinks a single life annuity will be her choice when she begins to receive retirement pension benefits. She thinks this is the best payout structure because (a) she has earned the entire benefit, (b) she can control the investment of the funds, and (c) Cory will receive his own pension. michelle tanner in fuller houseWebTisha: 52.000 per month up to 6 months; premium paid by employer . Cory: None . Homeowner's/Renter's Insurance . HO.4 renter's insurance policy with $25.000 of actual cash value coverage on personal property and an annual premium of 5600. Cory's been on the Internet again, this time to read about universal life and variable life Insurance. michelle tanner full house real nameWebCory and Tisha Dumont recently read an article on personal financial planning in Money. The article discussed common financial dilemmas that families face throughout the life cycle. After reading the article, Cory and Tisha realized they have a lot to learn. the night driver janineWebCory and Tisha are able to reduce their monthly credit card expenses as well as other miscellaneous expenses. The couple is able to afford a maximum of $300 a month for an auto loan. However, this does not count for the increase in their insurance premium if they do purchase a new car. fQuestions: 1. michelle tanner bedroom wall hanging barnabyWebBe a Financial Planner – Continuing Case: Cory and Tisha Dumont (Page 280-281) · Question 18: Cory and Tisha found a used car that costs $12,000. They can finance through their bank for 5.75% interest for a maximum of 48 months. What is the monthly payment? The rate for new-car financing is 4.50% for 60 months or 4.35% for 48 months. michelle tanner full house editCory and Tisha Dumont recently read an article on personal financial planning in Money. The article discussed common financial dilemmas that families face through the life cycle. After reading the article, Cory and Tisha realized they have a lot to learn. They are considering hiring a financial planner and have compiled the following information: michelle tanner season 1