Learners gain a realistic understanding of what is required for independent living. They begin by setting up a budget based on needs and lifestyle, and then use worksheets and a presentation to practice such skills as reading a rental agreement or selecting an apartment.

Concepts

budgeting, financial literacy, personal finance, life skills, cost of living

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Additional Tags

math

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Instructional Ideas

• As an extension activity, have learners browse online rental websites and advertisements for a more modern, hands-on look at what this process is like

Classroom Considerations

• This is the fourth lesson in a series of fourteen on developing practical and personal financial skills

Pros

• Excellent life-skills lesson
• All worksheets and answer keys included

Cons

• None

Common Core

W.7.7 W.7.8 W.8.7 W.8.8 MP4