Introduction
This WebQuest is about getting cadets comfortable with money through realistic experiences. Though cadets will not have real money, they will learn about making, saving, budgeting and spending money in everyday life. This activity will hopefully get the children thinking and talking about the importance of money management and relevance of math lessons learned in the classroom.
Task
Group of four cadets will be saving money as they come out of high school and go to college. They all work together as "one" cadet who is going to school full time or 12 hours a week while working and taking care of them self.
The four cadets are as listed:
Food shopper-grocery shopping and eating out
Fashion expert- clothes shopping and personal needs
Banker-to watch spending and help budget
Realtor-to find best, most sensible living situation.
Think about it: What kind of job will you need? How much can you work? What will your budget be? What other things might you need? Don't forget to save for a rainy day; how much are you going to save?
Getting you started:
What job: coffee shop
What pay: $9.75 an hour
How many hours/wk: 10-20
Now make it work to survive!
Process
LETS GET SEARCHING....
Remember: Save for a rainy day and...
Needs are things that we truly can't be without, such as:
- Nutritious food
- A place to live
- A warm winter coat
- A good pair of shoes
- Transportation
Wants are things you'd like to have, but if you don't, you'll still survive (in fact, you'll be just fine). Like:
- Designer jeans
- Toys
- Candy
- Video games
- mountain bike
|
Team Member |
Where to Look... |
|
Food Shopper |
|
|
Fashion Expert |
|
|
Banker |
|
|
Realitor |
Now that you have had a chance to do some searching what did you choose?
List below:
|
|
Money In-Money Out |
|
Income (hr.s worked x hr. wage=monthly take home) |
$____.__ |
|
Budget (Break it down) |
_ |
|
Food (monthly) |
$____.__ |
|
Clothes (monthly) |
$___.__ |
|
Housing (monthly) |
$___.__ |
|
Savings (monthly) |
$___.__ |
|
|
|
|
How did you do? Is your account in the positive or negative? |
(+ or -) $___.__ |
Evaluation
This is how your work will be evaluated.
| Did not meet expectations 1 |
Did bare minimum, meet expectations 2 | Met All expectations and then some 3 |
Exemplary, went above and beyond 4 |
Score |
|
|---|---|---|---|---|---|
| Group- Food |
Did not feed "student". | Fed student but did not stay within allotted budget | Fed student but allotted budget was tight. |
Fed student well within allotted budget. | |
| Group- Clothing/Personal needs |
Did not get clothes for "student". | Clothed student but did not stay in allotted budget. |
Clothed student but allotted budget was tight. |
Clothed student well within allotted budget. |
|
| Group- Banking |
Did not budget at all. | Made budget but did not stick to it. | Made budget but budget was tight. | Made a budget, balanced well, money to save. | |
| Group- Housing |
Did not find "student" a place to live. | Found a place to live but out of allotted budget. |
Found a place to live but not economically sound. | Found a great, affordable place to live within allotted budget. |
|
| Team Work | Did not speak to one another. | Only spoke to each other when necessary. | Worked well together, no problems. | Worked great together, helped each other and used time wisely. | |
| Individual- What did YOU do and how did you do it? |
Did not help your team in project. | Provided information but refused to work with team. | Worked well with team and met your goal. | Worked great with team, helped others, and met all expectations. | |
| Overall Score: | _ | - |
- |
- |
Conclusion
Yay! You Did It!
So now that you have survived on your own discuss with your group what you have learned. When every ones done we can talk about it as a class.
Questions to talk about:
What was the hardest part?
How much money did you save?
How much money did you earn?
Was the task as easy as you thought?
What might you do different next time?
What new thing did you learn?
Credits
Teacher Page
This WebQuest is about getting cadets comfortable with money through realistic experiences. Though cadets will not have real money, they will learn about making, saving, budgeting and spending money in everyday life. This activity will hopefully get the cadets thinking and talking about the importance of money management and relevance of math lessons learned in the classroom.