SW 2000 : Poverty Budget Cutting Exercise (DO NOT COPY SHE WILL KNOW)
Document Summary
Mel & sue smith live a comfortable middle class lifestyle in anywhere usa. Mel makes ,000 working for an electronics manufacturing company. Sue makes ,000 in sales working for a large toy company. The family has 3 kids--peter attends a private university where tuition is ,000 per year. Some of this is paid by a scholarship. The rest is paid for by an ira and the rest by the family at tuition time. The family pays for peter"s car, car insurance, and spending money. Lynette is a th junior in high school and erin is in the 8 grade. Both attend private school where tuition is ,000 per child per year. The family pays per month in house/mortgage payments. Dad loses his job because the economy has tanked and is looking for another job, but nothing seems promising. Mom"s salary is all they have to live on.
