Session Date
Lesson Topic
6-month budget assignment: Written exercise of a personal budget fora College student who has both fixed and variable expenses as well as a few income sources. Monthly income from a College student loan and part-time lab assistant job. The intent of the 6-month budget is to provide experience with how to balance a budget and also create a savings plan.
Lesson Outline
6-month budget assignment: Written exercise of a personal budget for a College student who has both fixed and variable expenses as well as a few income sources. Monthly income from a College student loan and part-time lab assistant job. The intent of the 6-month budget is to provide experience with how to balance a budget and also create a savings plan. Expense items include College tuition, room rent, food, health insurance, gasoline, discretionary/leisure expenses etc.
Assignment
Work on developing and completing the 6-month personal budget and generating monthly results for surplus or deficit.
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
During today's Financial Literacy lesson, Aiden was presented with a Personal Budget assignment for a College student who has expected expenses such as tuition, room, health insurance, food, gasoline etc. The purpose of the 6-month budget exercise was to demonstrate how to balance a budget (calculations of surplus/savings or deficit/debt) using both fixed(recurring) and variable expenses.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)