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Personal Finance Project

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The objective of this project is for you to experience some of the decision making and record keeping that you will encounter in your future. This will include selecting a job, a place to live, a vehicle, etc. and then tracking your income and costs.  You will learn how to track an account balance, use checks, understand and use percents, and more.

 

Your responsibilities:

  •     Keep your account accurately balanced.
  •      Make decisions about the type of lifestyle housing, transportation, etc) that you can afford given the job you have chosen.
  •   Think seriously about the things you learn with respect to your future and write a meaningful reflection at the end of the project.

You will be:

  •     Selecting a job that you will be qualified to do directly after high school
  •    Finding a place to rent
  •   Buying a reasonable source of transportation using dealer financing
  • Paying various bills such as utilities, garbage, food, etc.
  • Balancing your account using your checkbook, bank statement, and register