Financial Assignment This assignment is a three part assignment. Be sure to complete all three parts of this assignment. You may submit one or two separate documents. Part I: Time for a Reality Check [1] Click Here to visit the Texas Reality Check website. Look into the future and consider what your life will be like after you have nished your studies. Answer all of the questions, taking into account how you would like to live in the future. when you are working in your chosen eld. Once you complete the Lifestyle Calculator. you will have a Budget that provides an estimate of the amount you will need in order to maintain the lifestyle you desire. [2] Next, scroll through the career options the system lists for you. The options listed will all pay you enough to maintain your desired standard of living. [3] Then write a one paragraph reection addressing the following: {a} State the amount of money you will need to earn in order to maintain the lifestyle you desire to live in the future. [b] Describe the lifestyle you intend to live and explain whether the expected annual salary {local or national} for your career will allow you to live that lifestyle. {c} If it does not, describe what steps you will take to deal with this situation. If you will have excess income, discuss what this will mean for your future. Part II: Location. location. location! Consider how the cost of living differs by location. Once you know what it will cost to live in Houston. Texas; do some research and nd out what it would cost to live elsewhere. Remember. you are not comparing what yourjob will pay; you are comparing the annual salary you will need to live in Houston to the salary you would need to live the same lifestyle in two other cities. [1] Using the CNN Money Calculator, rst. select Houston, Texas as the city where you live. Next. slide the black dot left or right to the salary amount that best represents the Annual Salary Needed amount listed on your Texas Reality Check Budget report. [$93K = $95K]. Finally. select the state and city you would like to consider moving to once you begin your career. [2] Record "how far your salary will go" or the salary you would need to liye in that city as shown on the Calculator. Do this for at least two cities. [3] 1ll'lrite a one paragraph {Tl10 sentences} reection. la] Report the cost of living for all three cities. Discuss the specic differences in the cost of living