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)