For some students, finances are not on their minds, but for others such as low-income students or independent students, finances are at the forefront. This blog is about an activity that helps students to make a ‘life’ of choices, from renting or buying a home to getting a car. The financial lessons from making life choices can include mortgages, interest, taxes, building credit, budgeting, etc. To begin the activity, students are asked to choose between going to college or joining the workforce. After that decision is made, students begin on their journey to different stations, beginning with housing. From there on, students will go from station to station until they have reached the end of the stations and are asked to review their financial planning sheets. This activity is relevant to our topic because it is aimed at financial planning and will help students to organize their finances and learn how to budget based on their income.
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