Selena has been working at her first post-college job for almost a year when her company gives her a raise, resulting in a paycheck increase of
$150, for a total of $300 extra in take-home pay every month. She makes a
quick list of possible ways to use that money, along with relevant notes for
each. Provide a detailed plan, including actual dollar amounts, for Selena
to wisely use the extra $300 per month from her raise. For each part of
the plan, briefly describe why you're making this choice. (Be detailed!)
What I can do
Total cost or
outstanding
balance
Interest rate
(when
applicable)
Additional Notes