You Win Some, You Lose Some:The Story of Keesha Hernandez

Narrated by: Olivia Neumann, Stephanie McClain, Lauren Earle

Meet Keesha

• 26 years old• Working two jobs- 60 hrs a week• Young child

Jobs and WelfareMonthly Yearly

Roche Brothers $800 $9,600

Clydes $1,600 $19,200

Welfare $50 $600

Total $2,450 $29,400

TaxesTaxes Monthly Yearly

Federal Social Security $308.33 $3,700

Federal Medicare $35.53 $426.30

MA State Income $129.85 $1,558.20

• Gross Income: $23,715.50/year• Child Tax Credit: $ 1000/year

• Total Income After Taxes: $24,715.50

Rent/Household

• Appleton Mills in Lowell, MA• 2 bedroom• Rent: $6,072/year• Renters Insurance: $180/year• Internet and Cable (Charter): $239.88/year• Cell Phone (T-Mobile): $360/year• Essentials: $1460/year• Public Transportation (Bus Fare): $480/year

ShoppingGroceries:Sub Total: $95.89Employee Discount: $9.59

Total Weekly: $86.30 Total Monthly: $345.20 Total Yearly: $4,142.40

Clothing:Total Monthly: $203.00 Total Yearly: $2,436.00

Daycare for Dorothy• Bright Horizons at Brookstone• $383/month $4596/year

Health Care

• Blue Basic Saver• $39.03/month $468.36/year

Retirement and College

• No retirement plan• Save $200/month for college for Dorothy ($2,400/year)

Yearly Expenses

Total income Before Taxes

Taxes Rent/Household Shopping DaycareHealth Care College Total

Summary

• After all necessary expenses, Keesha has $1880.86 left.

• Very little for savings/investments if any • Most likely impossible to achieve financial

success or even basic financial security

The End(with special thanks to Jessica Alba)