Saturday, May 21, 2005

The situation as it stands...

So This is where I am...

99.9% chance I will not be at Biola next year. I am still in Torrey but with the tacit understanding that I will take a year off to "find my self" where it doesn't cost $26k a year! I have the option of dropping Torrey and continuing at Biola, but this doesnt appeal to me.

Option 1:
I will seek some form of employment, buy my own health insurance and pay off some student loans and make some purchases from my wish list (in no particular order) like this, this, this, this and this.
1A. Living at or near home would put me closer to Mom, Dad, and Amanda. Cost of living is substantially cheaper (Idea of Housing Cost,though this might work!). Downside: Leave community that I have established here at Biola. I would be able to make ends meet for about minimum wage. (Budget with round numbers)

1B. Stay here in La Mirada or the surrounding area. Cost of living higher (Idea of Housing Cost, This might work). Maintain participation and support the Biola Community. Would have to make nearly $11/hour to make ends meet.


Option 2:
Sign an active duty Army contract for three years. I would be able to get farther on the wish list(Active duty E-4 makes about $1695.60/mo with housing and rations) and get added benifits for college (Active duty GI Bill is nearly $25k)

Option 3
Volunteer for deployment with the Reserves. Money is the same as active duty. There is no gaurentee where I would go, but possibly Germany with the rest of the 328th CSH.

Any other Ideas are welcomed.

(Below is a tenative budget, feel free to comment if figures seem wrong)
Nor Cal

Item Per month Cost
Rent 425 5100
Food 200 2400
Insurance 85 1020
Car Payment 350 4200
Utilities 120 1440
Total Gross income needed 14160
Work year in Hours (50wks@40hrs/week)
$/hour needed to meed budget
2000
7.08
So Cal

Item Per month Cost
Rent 795 9540
Food 250 3000
Insurance 85 1020
Car Payment 350 4200
Utilities 200 2400
Total Gross income needed 20160
Work year in Hours (50wks@40hrs/week)
$/hour needed to meed budget
2000
10.08

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