Budgeting & Saving

Unit 7: Budgeting and Saving for Real Life, Career Exploration Part 2

March 21 - April 8

KEY CONCEPT: SYSTEMS: sets of interacting or interdependent components. Systems provide structure and order in human, natural and built environments. Systems can be static or dynamic, simple or complex.

RELATED CONCEPTS: 1) PERSPECTIVE is the position from which we observe situations, objects, facts, ideas and opinions. Perspective may be associated with individuals, groups, cultures or disciplines. Different perspectives often lead to multiple representations and interpretations, 2) RESOURCES: Resources relate to the supply of a commodity or of information or knowledge about a topic.

SUBJECT-SPECIFIC CONCEPTS: Budgeting, saving, salary projection for careers

GLOBAL CONTEXT: GLOBALIZATION AND SUSTAINABILITY: This Global Context explores the interconnectedness of human-made systems and communities; the relationship between local and global processes; how local experiences mediate the global; the opportunities and tensions provided by world interconnectedness; the impact of decision-making on humankind and the environment. It asks students to ask themselves how everything is connected.

EXPLORATION: Students can learn the importance of budgeting and saving, as well as potential life events that might affect one's finances.

STATEMENT OF INQUIRY: People use their perspective in order to navigate systems for their own management of their resources.

INQUIRY QUESTIONS: In what situations are budgeting and saving required/important? What real life situations might pose a problem to budgeting and saving plans? How can budgeting and saving affect my future?

The Budgeting and Savings for Real Life project will be assessed on Student Learning Objectives Rubric. Assessment #3


Will you be able to afford the lifestyle you want?


After high school, students can expect to pay for housing, transportation, clothes, etc., but how much will their future cost? In order to adequately prepare for the future, students should explore the cost of their future.

  • Housing (apartment, condo, town home, house)

  • Utilities (mobile phone, internet, cable, electricity, etc.)

  • Food (dining out, eating in, cooking)

  • Transportation (bus, car, train, bicycle, etc.)

  • Clothing (budgeting, types, shirts, pants, bags, shoes, belts)

  • Health Care (health insurance, doctors, dentists, eye doctors, etc.)

  • Entertainment (cost of activities for entertainment)

  • Insurance (car, life, health)

  • Hygiene (grooming, hair care products, cologne or perfume, deodorant, toothpaste)

  • Travel (leisure travel, vacations)

  • Savings (for future and emergency expenses, 5%, 10%)

  • Gadgets (devices, PCs, tablets)

  • Taxes

Budgeting and Saving Project

Link to Google Doc

Career Budgeting and Saving Project Assessment Criteria