Selena has been working at her first post-college job for almost a year when her company gives her a raise, resulting in a paycheck increase of

$150, for a total of $300 extra in take-home pay every month. She makes a

quick list of possible ways to use that money, along with relevant notes for

each. Provide a detailed plan, including actual dollar amounts, for Selena

to wisely use the extra $300 per month from her raise. For each part of

the plan, briefly describe why you're making this choice. (Be detailed!)

What I can do

Total cost or

outstanding

balance

Interest rate

(when

applicable)

Additional Notes