OBJECTIVE:

Students will understand the basics of budgeting, saving, and credit, and begin building a personal plan for financial well-being after high school.

REQUIRED PREP:

Teacher:

  • Transform your room
  • Next Gen sessions should be different from typical classes — change the atmosphere of your classroom and get ready for your first session!

Opening Huddle - 15 mins

Feel free to play music to generate energy and set the vibe!

  1. Opening Ritual
  2. Mood Check

Activity 1 (20 mins)

Mentors: Budget Simulation – Students will participate in a real-life budget simulation based on a career and lifestyle listed, making decisions about housing, transportation, food, social outings, etc.

  • Allow the cohort to choose a realistic career and use the livable budget for the month. With whatever career they choose they will then build a budget with that. At the end, they will see if they land in the negative or positive.
  • You can find the Budget Simulation sheet HERE

Activity 2 (30 mins)

Teacher: Dream Life Budget Plan – Students will research a career they’re interested in and create a financial plan that includes monthly expenses and savings goals based on a realistic salary.

  • Based on what career they chose during our pathway selection, they should then look into the media salary for it. They will then build a lifestyle budget based on what they discover.

Closing Huddle – 5 Mins

  1. End by collectively performing your exit ritual! 
  2. Remind students of the next session!