GEORGIA STUDIES



155050-3061250You have just celebrated your 23rd birthday and you are officially ready to start your career! Congrats! You will now walk through all the steps on becoming an independent human being by getting a job, playing the stock market, moving into your own place, setting a household budget, and going into debt.Directions: You will complete each page of this packet in detail. Follow all directions and make this as realistic as possible. There are daily tasks you must complete. Several items are color-coded to make it easier to find your calculations. This will be completed electronically. You will not be able to move to the next task until your previous one has been completed and checked by your teacher. Tasks will unlock on the scheduled day shown below. Be careful with your calculations and ask if you have questions. The math is important all the way through this project.ScheduleMonTuesWedThursFriApril 13th April 14th April 15th April 16th April 17th*Introduction*Choose Career & Schooling*Complete Career & Schooling*Choose Home & Insurance*Complete Home & InsuranceCatch Up DayApril 20th April 21st April 22nd April 23rd April 24th *Determine “bills” for your household*Complete Bills for your household*Choose your transportation*Complete TransportationCatch Up DayApril 27th April 28th April 29th April 30th May 1st *Buy Furniture for your home*Complete Furniture for your home*Choose a food plan and leisure & entertainment*Complete food plan and leisure & entertainmentCatch Up DayMay 4th May 5th May 6th*Complete “Did you Go for Broke” totals section on last page including wildcards.*Complete all reflection questions.*Check packet to make sure all sections are 100% complete.*DUE TODAY!RubricCareer & Schooling 20 pointsHome15 pointsTransportation5 pointsCell Phone Plan5 pointsFurniture5 pointsFood10 pointsBills15 pointsExtras5 pointsWildcards/Reflection20 pointsMy CareerDirections: Use your Naviance portfolio to start your job search. You can choose a career NOT in your portfolio as long as it’s been approved by the teacher. Fill out all fields located below accurately and detailed. All websites needed for research are located on my website. At 23, you are not yet a Doctor/Lawyer/Veterinarian/Dentist. Unless one of your parents is a celebrity, you cannot be an actor or actress for this simulation. If you believe that you will be an athlete, you need to message me on Remind FIRST.CareerJob TitleJob Description (Use Naviance: Go to , then click on the “parents” tab, then click on “Naviance”.)Reason for choosing careerStarting Salary per year$________________/Yr (To find this information: Go to , then click on the parents tab, then click on “Naviance”. At the top, hover over “careers” and then select “search careers”. Select a career you are interested in. Click on the “wages” tab and find “Georgia”. Write down the salary from the “90% made at least this” column. Work Tasks (2)Work Activities (2)Skills Needed (2)Knowledge needed (3)Health Insurance PlanPlan # ____ Amount per Month $_____________ (use my chart)Monthly net pay$ (Use “Net Pay Calculator” button on my website. Enter in your “Gross Pay” as your starting salary from this chart. Change “Pay Frequency” to monthly. Then hit “Calculate” Write down the “NET PAY”.)SchoolingEducation level Required _______________________________________________________ (On Naviance, under “overview”, scroll to the bottom “Related college majors”. If there is nothing, then choose trade school. “MS” means Masters, PHD means Doctorate)Loan debt amount $ (Use chart on teacher’s website)Monthly debt payment$ (Follow formula on chart)Total Monthly Budget AmountNet Pay per Month from Career $Insurance premium per monthMINUS $monthly debt payment amountMINUS $Total $$$ per month to spendEQUALS $My HomeDirections: Choose an apartment using any of the websites provided in the chart on my blog. You will choose an actual apartment in which to live. Follow the instruction within the chart on this page and keep in mind how much you have to spend. Write down all information requested below. Select an insurance package from the station.ApartmentWebsite UsedComplex NameComplex Street AddressLocation (City)Rent per Month (If there is a range, get the average)(Average: Add the lowest and highest price and divide by 2)$Square footage (take the average)Insurance amount(Use chart on my website)$ /monthBalcony/Patio?Yes/NoCommunity Amenities (list 3 you would use)Pets allowedYes/NoPet Deposit (if it doesn’t say = $150)$ Total cost/month(insurance+ rent) (Do NOT include pet deposit here)$Total Monthly Budget AmountTotal $$$ to spend per month from “My Career” page $Total cost for rent per monthMINUS $Total $$$ per month to spend $79283110140ReflectionGeographically, where are apartments more expensive? Why do you think that is? _________ _________________________________________________________________________________________Is having a roommate beneficial? Explain. ________________________________________________ _________________________________________________________________________________________Bills/UtilitiesDirections: Answer the following questions BEFORE going through the information in the chart on my website. Be honest to get an accurate account of how much your bills will be living on your own. Habits QuestionnaireQuestionCircle your answerMoney +/-Which utility?Do you leave the lights on at your house? Yes / No / Sometimes$ElectricityDo you like to be cold or warm? Cold / Warm$GasDo you use the fireplace? Yes / No / Sometimes$GasHow long do your showers typically last? 5 minutes / 15 minutes / 30 minutes / Longer$WaterDo you game online?Yes/ No$InternetHow many hours on average do you use wifi per day?1 hour / 3 hours / more$InternetDo you watch sports?Yes / No$TVDo you stream Netflix/Amazon/Hulu?Yes / No$TVDo you watch cable?Yes / No$TVNow you are ready to view the information in the chart on my website. View the “Habits Questionnaire” chart to find out if you gained or lost money based on your answer. Write down the amount gained or lost (include your plus or negative signs) into the chart above. Then find observe the actual BILL cards to determine how much each utility will cost total.Bills/ UtilitiesElectricity$+ Money from questionnaireGas$+ Money from questionnaireWater$+ Money from questionnaireInternet + Money from questionnaireTV+ Money from questionnaireTotal utilities/month$ReflectionWhat is one habit you can start doing now to help decrease the amount of money spent on bills? ______________________________________ ___________________________________________What is one pro to renting an apartment versus owning a home in regards to utilities? ________ ____________________________________________ ____________________________________________What is a creative solution to being comfortable in your house while also lowering the price of utilities and bills? _________________ ___________________________________________ ___________________________________________TransportationDirections: Select your mode of transportation. This will be how you get around daily, including to and from work and to other activities and events. Use the information in the chart on my website to make your selection. Read ALL information on the cards as there are some restrictions to the non-vehicle modes of transportation! Choose wisely and realistically. Mode of Daily TransportationWalk (Atlanta)$Bike (garage/Balcony/Patio)$Public Transportation (MARTA)$Vehicle (fill out chart below)$ Use chart belowVehicleMake (Brand Ex: Ford, Subaru, Honda)Model (Type Ex: Civic, Crosstrek, Mustang)YearMileage (How many total miles has it been driven so far, the more miles on a vehicle, the shorter the life span)Total Price$Length of loan (pick one)35 months / 48 months / 60 monthsCar payment per month (Price divided by length of loan)$Car Insurance Amount$Car Repair Estimate per month$Gas per monthLess than 20 MPG = $90/monthMore than 20 MPG = $50/ monthTotal Monthly Car Budget(car payment+ insurance amount+ Repair estimate+ gas)$Total Transportation CostsPer month totals$FurnitureDirections: Use the information in the chart on my website to help you make decisions for this topic. You are allowed to list up to 4 items that your parents would let you take from home. These items must be YOUR items (not the living room TV). List of items parents ALLOW you to take from home at age 23Remember: You cannot afford to furnish your entire home right when you move out of your parent’s house. GOOD NEWS! You received a total of $400.00 when you graduated from family members! You can now use that on furniture for your home!RoomFurniturePrice$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$Total Spent$FOOOOOOOOOOD!Directions: Answer the questions on the paper first BEFORE going through the information on the chart on my website. Be honest! This category is vital to survival, therefore you MUST spend money.Food Habit QuestionnaireQuestionAnswerAmount +/-How many times a month do you plan on eating fast food?_____/monthHow many times a month do you plan on eating at a restaurant?_____/monthDo you like to cook?Yes / NoHow often will you have people over?Never1 time per month1 time per weekAlmost every nightNow you are ready to gather information from the stationChoose a meal plan from the chart. (# )Cost $ /mealCost $ /monthAdd additional costs from chart aboveTotal additional costs $ /monthTotal amount spent for food$ /monthExtrasDirections: Use the information in the chart on my website to help you make decisions about Leisure and Entertainment. You must choose an option from the station for the first 4 categories. The last categories are optional. If you choose no pet, put option #0.Leisure and EntertainmentCheckEvent/ItemPriceClothingOption # $Cell Phone PlanOption # $Personal GroomingOption # $Pet (Breed: _____________Name:______________)Option # $If you chose to get a Dog or Cat, pay the pet deposit from the “My Home” page$Movies$Theme Park$Concert$Have a house party$Video Games$Gym Membership$Travel/Vacation$Sporting Event$Alarm System in home$Total Spent$WildcardDirections: List any wildcards given to you and the amount lost or gained. These can occur at any time. This reflects the unexpected events that occur in everyday life. Make sure you add/subtract the amount on your budget sheet for that month. These will be given to you through Remind (@937747).DescriptionAmount +/-Did you GO FOR BROKE?!On “Home” page, write down the total $$$ per month to spend $Total bills/utilities for the monthMINUS $Total monthly transportation costsMINUS $Furniture costs if you were OVER the $500MINUS $Total food costs for monthMINUS $Total costs of extras for the monthMINUS $Total amount gained from WildcardsPLUS $Total amount lost from WildcardsMINUS $Total +/- for the month$Directions: Go back through your packet and write down all the costs below. Wait until you are done writing down EVERY cost before your do the math. Pay attention to the instructions (ex: do you add or subtract that category). Total up at end. ReflectionWhat can you do in the next 10 years to better prepare yourself for being on your own? ______________________________________________________________________________ ____________________________________________________________________________________What surprised you the most about being an adult? _________________________________ ____________________________________________________________________________________What is 1 sacrifice you could make as an adult to make sure you meet your budget needs? ____________________________________________________________________________ ................
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