Celebrate Black Teachers and Students
This project is part of the Black History Month celebration because it supports a Black teacher or a school where the majority of the students are Black.
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Mrs. Hogan from Gary IN is requesting classroom basics through DonorsChoose, the most trusted classroom funding site for teachers.
Help me give my students the gift of financial literacy. I teach seniors and juniors how to be responsible adults.
This project is part of the Black History Month celebration because it supports a Black teacher or a school where the majority of the students are Black.
The specific items I have requested will help me to differentiate instruction and help more learners understand financial concepts as they relate to real life, the difference between wants and needs. Teaching life skills to high school students is crucial for their personal development and preparedness for adulthood. This project will focus on financial literacy and allow students to learn budgeting basics. The objective for this project is to introduce students to the concept of budgeting and its importance in managing personal finances. To teach students practical skills for creating and maintaining a budget.
Materials Needed: Whiteboards, markers, dry erasers, handouts with budgeting templates or access to budgeting apps/websites; Examples of monthly expenses (rent, groceries, utilities, transportation, etc.)The project will cover budgeting, understanding income and household expenses, define income, define expenses, creating a budget, introduce budgeting tools, identifying fixed and variable expenses, etc. Allocating funds for each expense category based on priority and necessity. Ensuring that total expenses do not exceed total income. We will discuss strategies for sticking to a budget, such as tracking spending, adjusting as needed, and setting realistic goals. A a class discussion will be had on the challenges and benefits of budgeting. Students will be encouraged to share their thoughts on how they can apply budgeting principles to their own lives.
Extended Learning opportunities will be provided: Assign students to create a personal budget for themselves based on the occupation and salary they randomly choose. They can use the tools and techniques learned in class to complete this assignment.
The artifact and producible will be a balanced budget.
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