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okayyyyy. so here's the deal
i plan on moving to long beach, california
in 3 years and i need about
25,000 dollars in my bank account
before i move out there
if i start working at a minimum wage
job now, and im only a student
so i can only work about 20 hours a week
will i have anywhere near the much money
by the time i move out there?

2007-02-03 12:48:20 · 2 answers · asked by Anonymous in Business & Finance Careers & Employment

2 answers

1010 times the minimum wage times three years gives you barely enouugh to eat. you won't save anything, and will not make anywhere near the amount you want to save. you would have to earn seventy five thousand to have sufficient left to save a third of it over three years. by working 3 years at minimum wage only twen ty hours a week you'll only earn about 18000 total so you do the math. you will still be 7-8 thousand short. get a good job at 20 an hour for three years and you may make enough to save what you need.

2007-02-03 12:59:40 · answer #1 · answered by de bossy one 6 · 0 0

no, thats only 16,068
unless the wage is increased
then it may be 19-21,000 but not 25,000

2007-02-03 12:57:32 · answer #2 · answered by rockydriver22 5 · 0 0

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