Assignment 3: Algebra With Application

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Financial Planning By Hilary B Gross Hyacinth Irons Algebra with Applications May 29, 2013 Throughout our marriage, my husband and I, with our ever-growing family, have lived in Georgia twice, South Carolina, Texas and Virginia. We weren’t able to buy a home anywhere because we never knew if we would be in one spot for more than two years. It is hard to find and keep a job because of the constant moving, not to mention that when we would have to pay day care expenses from three to four children. It would have eaten up any paycheck I earned and then some, so the budget has always been tight. Then, five years ago, we had a run in with fate. My husband was relocated to Redstone Arsenal in Huntsville, Alabama. He had been an E4 since 2003 and although he was promotable, no one would give him a chance at promotion. This was his last chance to make Sargent and if it didn’t happen, then he would not resign. Since we knew that it would more than likely be our last move, we purchased a home for $171,000 and put down $30,000. That left a $141,000 loan…show more content…
In my house, internet is a necessity because of online classes, but having a house phone isn’t necessary so we could cut that out. I made my own laundry detergent and have saved over $25 so far. We won’t be able to go out to eat, cutting down to basic satellite, not going many places or doing a whole lot that costs money. The job market is also terrible right now, and it doesn’t help that I have been a stay at home mom for thirteen years. You can’t be hired without experience, but you can’t get experience if you don’t get hired. We wouldn’t need daycare because all the kids are in school. If I could get a job, then we would be able to pay more on the mortgage, pay off other bills, and put money away. As of now though, there is no way that we could afford to put any extra money into the

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