Title: Understanding Your Paycheck!
This lesson is for students to understand forms to be filled out when beginning their first job. Further it is an analysis of the paycheck. Systematic deductions will be analyzed to gain an understanding of the purpose from the perspective of the employee.
Standard(s): [BMA] BA06 (9-12) 8: Critique components of national and international sales and consumer law.
Title: My Future Life: Let's Get Real
This lesson requires students to select a career and explore the requirements for their potential job. They will work with a reality life situation of married versus single, number of children and challenge events. Students will determine earnings, purchase a home, car and figure monthly living expenses. Students are to create a digital photo presentation to share their future life with classmates. There is a financial aid component embedded in this lesson, also this is a unit of instruction which will take approximately one week for completion.
Standard(s): [MA2015] ALC (9-12) 7: Use analytical, numerical, and graphical methods to make financial and economic decisions, including those involving banking and investments, insurance, personal budgets, credit purchases, recreation, and deceptive and fraudulent pricing and advertising. (Alabama)
Title: How much will this lifestyle cost?
Students will create a detailed monthly budget using a spreadsheet. The budget will depend on an individual’s earning potential as determined by career choice and education. This is a project-based, Commerce and Information Technology lesson plan.