Business Education Classroom
Help your high school students realize what it's like to live on minimum wage in the real world. Students will investigate costs of rent, utilities, transportation, groceries, entertainments, and more. This is a practical project that will have your students engaged from Day 1.
$ This lesson covers a variety of topics including giving students a reality check about how much it costs to live on their own, credit card debt, car and student loans, creating a budget, how to write a check, how banks work, compounding interest and the Rule of 72. The lesson does requires internet access. After students complete the lesson, they complete a spending and earning journal to help them track what they spend and earn.