Charlottes Personal Timeline

  • Period: to

    5 year mark

  • Started Kindergarten

    Youth
    Estimated Cost- $100(school supplies).
    Years of Saving- 0
    Importance- This is an important milestone because it marks the start of my education.
  • Period: to

    5 year mark

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    5 year mark

  • Get First Job

    Youth
    Importance- This is a big milestone in my life because it will be the first job in which I have a stable income and develop more responsibilities when having to go to school and report to work.
  • Get My First Car

    Youth
    Estimated Cost- $4,000
    Years of Saving- 1
    Importance- This is an important milestone because it marks me gaining more independence by being able to travel on my own
  • Graduate Highschool

    Youth
    Estimated Cost- $0
    Years of Savings- 0
    Importance- This is an important milestone since it marks the end of my education and leads into my next milestone (college).
  • Period: to

    5 year mark

  • Graduate College

    Graduate College
    Young adult
    Estimated Cost- $50,000
    Years of Savings- 4 (saving and seeking scholarships in earlier years).
    Importance- this is an important event because it marks the end of my college education which should help me to find a job and financially support me in later years.
  • Get first job out of college

    Young Adult
    Importance- this is an important milestone because this will be my first job I could get with my college education and past experiences. This could possibly also be a job I keep for many years.
  • Rent First Home

    Rent First Home
    Young Adult
    Estimated Cost- $1500 a month
    Years of Savings- 8 years (savings spanning from my first job).
    Importance- This is a major milestone in most peoples lives and marks me as becoming more independent. This may also be the place I live for years.
  • Period: to

    5 year mark

  • Get Married

    Adult
    Estimated Cost- $5,000
    Years of Savings- 1
    Importance- This is an important milestone because it marks me settling down and starting to make a plan with not just me, but also my partner.
  • Have my First Child

    Adult
    Estimated Cost- $200,000 (from birth to 18yr).
    Years of Savings- 10
    Importance- This is important because it is a huge and rewarding responsibility to raise a child and bond with this child.
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  • Retire

    Retire
    Senior
    Years of Saving- The years since I started working
    Importance- This is important because retirement marks the end of my career and the start of getting to fully pursue any passions I wish.