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Money and You: Course Notes

Section 2.5 Homework for Week 2

  1. Be sure the following activities are turned in (if you have not already submitted them):
    • Classifying Spending (From Section 2.2)
    • Helping Balance a Budget (From Section 2.3)
  2. Below is the current budget for Anita Budget. Her goal is to save at least 20% of her income. She is currently single, living in a 2-bedroom apartment, owns two cats. She has already asked her boss for a raise, and she hasn’t been able to find a better-paying job. First, correct any errors in categorization for Anita. Second, make recommendations for how she can get her budget under control and achieve her savings goals.
  3. Below is the current budget for Max Spender. He wants to enjoy more from life while also saving for retirement and education. So, he would like to spend no more than 50% on necessities. He is married with two children. He works full-time, and his husband works part-time as the primary care-giver. Max has already asked his boss for a raise, and he cannot change careers right now. Make recommendations for how Max can reach his budget goals.
  4. We targeted two learning objectives this week: life-long learning, metacognitive reflection, accessing welling tools, and social-emotional skills. For each of the learning goals, write a few sentences as to how this week’s material has helped you progress toward meeting those learning objectives. The four learning goal descriptions are as follows:
    • Lifelong Learning: Students practice skills and attitudes central to lifelong learning; including a growth mindset that encompasses self-reflection, flexibility, intellectual curiosity, and considers broad perspectives and diversity of thought.
    • Metacognitive Reflection and Application: Students reflect on their own wellbeing in the context of the course topic and develop metacognitive reflection abilities that work to promote transfer of wellness behaviors and skills.