This activity allows students to get a taste of the real world! Students are financial advisors and are given a list of a client's wants and needs. Students research and find each and then create a budget for their client.
Part 1 - Cost of College
Part 2 - Find a Career and Calculate Net Pay
Part 3 - Buy an Automobile & Find Auto Insurance
Part 4 - Find an Apartment & Cost of Utilities
Part 5 - Create a Budget
There are 5 different clients included with the lesson. There is also a completed example included with the lesson.
This is a great activity for students. The lesson walks them through detailed steps so they can work at their own pace. They enjoy the realistic knowledge they are gaining. Many students thanked me afterwards because they learned so much about the reality of how expensive college can be, how to find the fair purchase price before you buy a car, creating a budget, etc!