Money Matters: Where Does It Go?

This Money Matters: Where Does It Go? lesson plan also includes:

Does Bob make enough to live on his own? Given a hypothetical scenario, pupils determine whether Bob should continue to live at home, share an apartment, or live on his own. They determine Bob's take-home salary and build a budget for each of the three living scenarios. Scholars find out which living option gets Bob the most out of his income.

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Instructional Ideas

  • Have classmates determine the percentage of each category in the budget
  • Lead a brainstorming session on the costs associated with living alone, sharing an apartment, or living at home
Classroom Considerations

  • Individuals should understand the idea of budgets
Pros

  • Provides expense categories and costs
  • Includes suggestions for assessment strategies
Cons

  • Does not contain an answer key or samples answers