“My Future Life” Budget Simulation
My Future Life: Real-World Budgeting Simulation
Overview:
This project helped me imagine and plan for my future life as a successful professional — in my case, a lawyer. I had to create a complete budget based on my chosen career, including salary, taxes, living expenses, and savings. It taught me how to manage money, understand the cost of living, and make realistic decisions based on income.
🧠 Key Learning Goals:
● Understand financial responsibility by calculating monthly and yearly expenses.
● Learn to balance income vs. lifestyle choices like housing, cars, and leisure.
● Develop budgeting skills for real-world scenarios like taxes, insurance, rent, and savings.
📊 My Budget Plan Highlights:
● Career: Lawyer (with a degree from Harvard)
● Annual Salary: $150,000
● Post-Tax Monthly Income: $8,542
● Monthly Expenses: $7,245.41
● Leftover Monthly Balance: $1,296.59
🏠 Living in New York City:
● Home: Apartment in the Financial District, NYC
● Monthly Mortgage: $2,841
● Property Tax: $958.33/month
● Homeowners Insurance: $145/month
● URL: 75 Wall St Apt 27I, NYC on Zillow
🚗 Car of Choice:
● Make & Model: BMW Z4
● Purchase Price: $41,971
● Monthly Loan Payment: $850
● Car Insurance: $184.41/month
This project made me realize how many expenses adults have to consider. I learned that even with a high-paying job, budgeting is crucial. I also saw how taxes, insurance, and bills can quickly add up. This experience will help me in the future when I start managing my own finances. And yes — I still had enough left over for fun and savings!
🚀 Featured Project:
Glowsense – A Shark Tank Innovation
Overview:
As part of a Shark Tank-style innovation challenge, my team and I developed Glowsense — a cutting-edge product designed to redefine self-care. By blending AI technology with personalized skincare analysis, Glowsense aims to make professional-grade beauty tools accessible to all women, helping them achieve healthier, radiant skin in their everyday lives.
🌟 Our Vision:
At Glowsense, our mission is to empower women with innovative, AI-driven skincare solutions that seamlessly integrate into their busy routines. Through smart analysis, lifestyle tracking, and tailored product recommendations, Glowsense helps women glow — from the inside out.
💡 Key Product Features:
● AI-powered skin analysis via smart sensors and image recognition.
● Personalized skincare plans based on user skin type, habits, and goals.
● Real-time recommendations for products, hydration, nutrition, and rest.
● Compact, easy-to-use, and designed with modern women’s needs in mind.
💰 Shark Tank Pitch:
We presented Glowsense to a panel of student investors with confidence and vision. We asked for:
● $2,583,227 in exchange for 40% equity in Glowsense.
● Our pitch included:
◦ Market opportunity in the $200B global skincare industry
◦ A clear target demographic: health-conscious, tech-savvy women
◦ Projected growth through digital channels and influencer marketing.
◦ A plan for subscription-based revenue and product bundling.
This project showed me how technology, creativity, and empathy can come together to solve real-world problems. I learned to pitch like a CEO, think like a product designer, and dream like an innovator. Most importantly, I realized how business can be a tool to uplift and empower people — in this case, women around the world.
🚀 Featured Project:
Voices of Change
Podcast
Title: Voices of Change: Breaking Barriers in Baseball and Beyond
