On November 12, 2014, we started Unit 3: Money Management.
- In class, we brainstormed and wrote about exactly how we want our lives to be at middle age (45-50). Students had fifteen minutes to write about this topic.
- Next, we used the Career Choices textbook, starting on p. 77, to share about our lives (marital status, number of children, etc.).
- Lastly, we moved to a reality check about housing. Students were asked details about the housing they would want to have and estimates of mortgage payments (in today's dollars). Afterward, students readjusted their answers, based on our class discussion about realistic mortgage payments.
Homework to prepare for November 14:
Do the same type of work for Clothing and Nutrition budgeting: what do you estimate to be a reasonable monthly budget for these items for a family the size that you have envisioned?