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Group 6: Leaving your heart in California… or not?

Octavio is deciding between two job offers in California and Montana. This article explores the factors to consider, such as standard of living, commuting costs, benefits, and regular advances, to help Octavio reach his $100k savings goal.

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Group 6: Leaving your heart in California… or not?

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  1. Group 6: Leaving your heart in California… or not? Group members: David Baldonado Christian Kouttjie Henry Phung Rafael Ruiz

  2. Southern California vs. Montana

  3. Scenario • Octavio and his dog, Rex, are saving up $100k for a down payment on a house in California.

  4. Options • Two job offers are available: • In CA: $70k /year salary, with a raise of 3% every 2 years • In MT: $55k /year salary, with a raise of 3% every year

  5. Considerations • Standard of living • Commuting Costs • Benefits • Regular advances

  6. Decision • Which location will let Octavio reach his savings goal the fastest?

  7. Resources • www.google.com

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