Reality Check Project
Scenario
It is 2019! You are graduating soon and your parents just informed you that you must move out after graduation. Thankfully, your parents have given you a $2,000 graduation gift and a loving, good luck wish! You must decide how you will handle this new information while keeping in mind that you only hold a high school diploma and have no work experience.
You will be required to complete this project, which will be worth test grades and several daily grades, to learn about budgeting.
You will have to:
You will be totally responsible for all expenses from daily living needs (i.e. laundry and food) to larger fixed expenses (i.e. health and car insurance).
The project will be broken up into "steps" or “checkpoints” and each piece will be turned in when completed.
You will be required to complete this project, which will be worth test grades and several daily grades, to learn about budgeting.
You will have to:
- Land a job (Choose a card from the deck)
- Rent an apartment or house
- Find an acceptable mode of transportation (no accepting/buying cars from family)
- Furnish your apartment or house with necessities
- Create a meal plan & monthly grocery list
- Outline your income and expenses
- Develop a monthly budget chart
- Discuss your new life with a friend or adult
- Write a reflection letter
You will be totally responsible for all expenses from daily living needs (i.e. laundry and food) to larger fixed expenses (i.e. health and car insurance).
The project will be broken up into "steps" or “checkpoints” and each piece will be turned in when completed.
Essential Question
How do we, as adults, manage our finances so that we can fulfill our needs and wants?
Objective
The objective of this project is for you to set up a budget that would allow you to live the type of life you would like, as well as to understand what skills and/or education you need to get there.
This project does involve doing some calculations and setting up a budget, but its main purpose is to allow you to have fun dreaming of the future while realizing what these dreams may cost! I hope you observe certain realities about work and what it takes to be a successful adult in South Texas today. It is definitely not easy and takes a lot of money!
This project does involve doing some calculations and setting up a budget, but its main purpose is to allow you to have fun dreaming of the future while realizing what these dreams may cost! I hope you observe certain realities about work and what it takes to be a successful adult in South Texas today. It is definitely not easy and takes a lot of money!