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Adults and teenagers living on their own have some minimum expenses before they can start working on financial stability goals and personal development.
| Item | Cost |
| Rent | $800-$900 |
| Food | $275-$345 |
| Utilities | $175 |
| Car Insurance | $95 |
| Health Insurance | $115 |
| Minimum Income | $1460-$1630 |
| 10-15 hours per week at $40 per hour | |
To add an additional adult living in the same location, there are some additional expenses. This does not include budgets for children or taking care of family members yet.
| Item | Cost |
| Rent | $975-$1260 |
| Food | $475-$570 |
| Utilities | $215 |
| Car Insurance | $190 |
| Health Insurance | $260 |
| Minimum Income | $2115-$2495 |
| 15-16 hours per week at $40 per hour | |
The suggested work week for professional workers is 25 to 32 hours per week. This is due to automation and workplace efficiencies.
The suggested income for those with college degrees is suggested at up to $160k to $285k per year. They are unlikely to work every year of their lives and have loans to pay. Most college graduates are projected to earn $60k to $85k. This is on work timelines of 3-5 years with break periods of 1-2 years and up to 3 years.
The rest of the economy will likely standardize on a $20 per hour income with less than $1000 rent. The economy is then projected to stabilize and have ongoing assessments for financial abuses. This will bring average incomes to $20 to $35 per hour. Rent is normally 20% to 25% of take home income for 1 individual or less in financially stable areas. It is rarely less than 12% of take home income.
From this point of basic necessities, adults budget for many things. Personal development is normally prioritized first. This is followed by socialization, earth development activities, and then professional development.
Socialization includes birthdays, gifts, holidays, get togethers, shopping, events, concerts, and sports games. It can also include remodeling and community development which is part of earth development activities.
Once an adult has reached this level of financial competency, the next step to financial stability is mortgages and retirement accounts.
Taxes are normally built into the basic expenses formulas and people budget off of take home pay only. Most adults no longer expect a tax refund and will only accept a very minimal amount of deductions or write offs.
A budget for a college educated couple might look like this
IT and Communications or Legal Services and Nursing
| Item | Cost |
| Basic Expense | $2k to $3k |
| Cars | $1500 |
| Car Insurance | $900 |
| Health Insurance | $900 |
| Travel Budget | $1250 |
| Holidays, Birthdays | $1000 |
| School Tuition | $754 |
| Savings | $5000 |
| Professional Networking | $117 |
| Work Equipment | $1000 |
| Monthly Income | $14k-$15.5k |
The mortgage deposit would be paid from savings and part of the living expenses would be paid from basic expenses. The birthday and gift amounts would likely need to be more depending on family size. There is also additional expenses for day care, elderly care, and shopping. Eventually incomes might go up or prices would go down or be adusted. Single income couples are projected to make $25k to $40k a month in the future to start a 1-2 child family.
It is unlikely that there will be extensive welfare services in the future.