Financial Reality

Driving Question:  What is financial health and why is it important?

High school is a critical time for students to develop the personal finance skills they will need to live independently as adults. Mastering the foundations of financial literacy is the best way to set them up for a life full of healthy financial habits, ensuring their future success. **www.opploans.com › ... › Financial Literacy Programs**National Standards K-12 Personal Finance Education**Council for Economic Education National Standards for Financial Literacy

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you're putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses. **Investopedia.com

Like physical health, financial health is fundamentally key to leading a happy and successful life. Creating a sound financial present does more than alleviate current stress – it lays the foundation for a stable and secure financial future. **self.Inc

Learning Targets:

• Understand the importance of financial health and literacy

• Identify the elements needed for a personal budget

• Develop a budget

• What is Financial Health-Project School Wellness 

• Financial Reality Check-***Jumpstart Coalition For Personal Finance Literacy

• Budget Tool-***Consumer Financial Protection Bureau

• How to Read a Paystub-***Consumer Finance Protection Bureau

• Really Simple Budget Template*** Money Under 30

• Budgeting for Teens

• Budgeting for Teens/Envelope System

• Google Sheets Budget Template Tutorial

• My Future Lifestyle-California Career Resource Network

Create a budget (real or fictitious) using the above template, budget tool or using a template in Google Sheets

Salary and Wage Information for a Variety of Careers-***Career One Stop

West Michigan Career Outlook-2026 ***Michigan DTMB