making the most of the budget exercise

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Making the Most of the Budget Exercise Chapter 4 of Career Choices

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Making the Most of the Budget Exercise. Chapter 4 of Career Choices. The Budget. The first half of Chapter 4 (pp. 74-96) An expanded version is available in the optional Lifestyle Math workbook “Money talks” and this is the point at which the attitudinal shift happens for many students. - PowerPoint PPT Presentation

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Page 1: Making the Most of the Budget Exercise

Making the Most of the Budget Exercise

Chapter 4 of Career Choices

Page 2: Making the Most of the Budget Exercise

The BudgetOThe first half of Chapter 4 (pp.

74-96)OAn expanded version is

available in the optional Lifestyle Math workbook

O“Money talks” and this is the point at which the attitudinal shift happens for many students

Page 3: Making the Most of the Budget Exercise

The PremiseOStudents are asked to

outline a budget for the lifestyle they envision for themselves at a defined point in the future

OFor secondary students – project to age 29

Page 4: Making the Most of the Budget Exercise

Method to the Money Madness

O Idealized budgeting process – starts with what they want

O Fear not, for reality will rear its startling head before too longO Budget figures provide a quantitative

checkpoint when students are asked to determine how big a commitment they are willing to make to education and/or training

Page 5: Making the Most of the Budget Exercise

Your New Best FriendLocate your

Instructor’s Guide,

then hold it close & never

let it go.

Page 6: Making the Most of the Budget Exercise

Review Section 4breaks down each chapter,

activity by activity, for a walk-thru of the entire

Career Choices process.

Page 7: Making the Most of the Budget Exercise

Allow Ample TimeIt may take longer than you expect to get through the budget exercise, especially the first time through.

Page 8: Making the Most of the Budget Exercise

Gather Your ResourcesOChecklist

O Instructor’s Guide, p. 4/52OOpportunities for guest speakers

O Instructor’s Guide, pp. 11/21-11/22OIdeas shared by other instructors

O Throughout the Instructor’s GuideOCareerChoices.com

O Instructor’s Guide, p. 4/51

Page 9: Making the Most of the Budget Exercise

Model the ProcessReview the entire budget as a class first and complete a budget by consensus.

Instructor’s Guide, p. 4/48

Page 10: Making the Most of the Budget Exercise

Let the Dreams BeginOThe process needs to be personalOGive students the latitude to

include [insert insanely expensive luxury item here] in their budgets

ORemember, they will eventually reconcile budget and education or training needed

Page 11: Making the Most of the Budget Exercise

Expanded BudgetSame process

More depthMore math

practice

Instructor’s Guide, pp. 4/49-

4/50

Page 12: Making the Most of the Budget Exercise

Reinforcing Rigor

Page 13: Making the Most of the Budget Exercise

“This class has helped me in realizing that school is actually important. The section that helped me the most is the budget one. At first I was like, ‘It’s okay I can pay whatever.’ Then when we add the totals I was like ‘Dang! This is going to cost a lot.’ That’s when I noticed that school is really important.”

- Juan, Student at Indio High School