Answer:
Estimate the Cost of Your Bedroom Furnishings
Based on one of these situations:
■ A teenager living at home.
■ A young adult living on his/her own.
■ Ask students to estimate the total cost of the furniture, linens, and creature comforts
in their bedrooms.
■ Discuss their findings. Was the total more than they expected? What items did they
include?
4-2 Calculate the Cost of Setting Up an Apartment or Redecorating a Home
■ Ask each team member to choose a room in an apartment. Choices include kitchen,
dining room, bedroom, living room, and bathroom.
■ Ask each team member to research how much it would cost to furnish and equip that
room. Encourage students to look at various alternatives, including secondhand stores,
garage sales, donations from relatives, etc.
■ Ask all teams to prepare a summary of their findings, including an itemized list of
what they would buy, the estimated cost of each item, the source for each item, and
the total cost of furnishing and equipping “their” apartments. Have all teams present
their findings to the class.
■ As a class, discuss some students’ findings, and brainstorm ways to cut costs.
4-3 Set Up a Budget to Begin Living on Your Own or Upgrade Your Lifestyle
■ Divide students into teams of two or three people. These teams are now “roommates”
or “married.”
■ Assign a realistic income to each student, and give each student a budget sheet.
■ Ask each person to set up a budget that includes the fixed and flexible expenses
associated with leaving home and living on one’s own.
■ As a class, discuss the budgets prepared by each team. How much money would the
team need to move? How long would it take them to save the money? What types
of items did they include in their budget? Given their income and their personal lifestyle
preferences, how long could they stay within their budget? How many included savings
in their budget? How many took into consideration unforeseen events? How many took
into consideration their personal and financial goals?
■ Using the blank budget sheets, help the class design a budget that includes the costs
of leaving home and moving into an apartment, that allows for unforeseen events,
Explanation:
hope dis helps :P