Financial Literacy - Family Budget

What does the future hold for you? In the future, you will be establishing a career, beginning a family, and even purchasing a house. Throughout life you will face numerous personal finance choices and decisions. In today’s complex world, you need to be more financially savvy than ever. Analyzing a situation, identifying different choices, and making informed decisions are processes that can be learned and practiced.

This project is designed to engage you in learning some of the personal finance skills you need to succeed in life after high school. Along the way, you will learn more about buying cars and houses, downpayments, credit, loans and mortgates, expenses, children, and taxes, as well as yourself. As you work through the steps, you can take a peek into the future to see what it could be like.

 

 Learning Targets

1. Make a folder in your Google Drive named: Family Budget and share it with your partner and your teacher.

2. Make a copy this Family Budget Presentation and place it in your Family Budget folder

3. Make a copy this Google Budget Sheet and place it in your Family Budget folder

4. Review this Rubric

  Unit Vocabulary
Step 1 Choose a Career
Step 2 Children
Step 3 Getting Hired
Step 4 Taxes and Net Pay
Step 5 Dream House
Step 6 The Family Chariot: New or Used?
Step 7 Paying for Your New Wheels
Step 8 Children: Precious but Pricey!
Step 9 Getting a Pet
Step 10 Tracking Expenses
Step 11 Getting a Grip on Your Spending - Report