Expand mobile version menu
  Skip to main content

Home Health Aide

salary graphic

AVG. SALARY

$24,680

education graphic

EDUCATION

High school preferred +

job outlook graphic

JOB OUTLOOK

Increasing

Real-Life Activities

Real-Life Math -- Solution

Write everything down in a proper budget. That way, your client can see exactly what his or her monthly costs are.

Rent$375
Telephone service$11.75
Long-distance phone call$4.50
Electricity bill$20.91 ($41.82 divided by 2)
Gas bill$34 ($68 divided by 2)
Groceries$150
Prescription$13
Laundry$5
Home care fees$175

Total monthly expenses = $789.16

Income: $850 per month to spend
Expenses: $789.16

This leaves: $60.84

Cost of the gloves:$19.99
Cost of the scarf:$9.99
Cost of the hat:$24.99
Total purchase price:$54.97

But don't forget the taxes!

$54.97 x 0.05 = $2.75
$54.97 + $2.75 = $57.72

Can she afford to buy these winter items?

$60.84 - $57.72 = $3.12

Yes! It will be tight, but Mrs. Billsloe can afford to buy the gloves, scarf and hat.

"You don't need higher math or anything like that," says home support specialist Kevin Martin. "You need basic, common sense math -- OK, so you get this much money a month, this is how much your rent is, this is how much your bills are, and this is how much you have left over. So this is how much you have to spend. It's just basic budgeting."


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.