(Optional) Identify strategies for earning and saving money.
Identification should include strategies to earn money, such as
- babysitting
- washing cars
- walking dogs/pet sitting
- lawn maintenance
- shoveling snow
- running errands.
Strategies for saving should include
- setting a goal to accumulate money for a special purpose
- regularly setting aside a portion of earnings and/or gift money
- using effective comparison shopping for food, clothing, and other purchases.
Process/Skill Questions:
Thinking
- Why is it important for young adults to earn money?
- Why is it important for young adults to save money?
Communication
- How can communicating with others help you discover ways to earn money?
- What resources are available to help you find ways to earn money?
Leadership
- How is comparison shopping for food similar to comparison shopping for clothes? How are the two different?
- How can working to earn money help you develop leadership skills?
Management
- Why is it important to set goals when saving money for a special purpose?
- Why is it important to have a plan for saving on a regular basis?
- What can be the long-term results of saving money? Of not saving money?