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OBJECTIVE:

OBJECTIVE:. Objective – Describe trends in family finances and apply strategies to better manage the high cost of technology. Warmup – Label a sheet of notebook paper and #1 -list at least one strategy to manage technology in general to protect yourself against the drawbacks.

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OBJECTIVE:

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  1. OBJECTIVE: Objective – Describe trends in family finances and apply strategies to better manage the high cost of technology. Warmup – Label a sheet of notebook paper and #1 -list at least one strategy to manage technology in general to protect yourself against the drawbacks. Test on Thursday – Posttest #8 & 9 2. Explain that technology creates new economic opportunities and social benefits and, at the same time, produces new social problems.(MDTECHVSC Page 27)

  2. “AN AWARENESS OF TRENDS CAN HELP YOU BETTER PREPARE FOR THE FUTURE.” • SOME CHANGES FOLLOW A PATTERN OVER TIME. • TREND = A GENERAL DIRECTION OF CHANGE OVER A PERIOD OF TIME

  3. TREND:DECLINING FAMILY INCOME • IT TAKES 2 AVERAGE INCOMES TODAY TO PROVIDE FOR A SIMILAR LIFESTYLE THAT COST 1 AVERAGE INCOME 40 YEARS AGO. • www.prb.org

  4. TREND:BOOMERANG CHILDREN • Even though young adults today may prefer to live independently, they may not be able to afford to do so. • Many entry level jobs today offer low wages yet housing costs have soared, which has put independent living out of reach for many young adults. • (www.prb.org)

  5. Dr Phil….

  6. TREND: BOOMERANG CHILDREN • Not only are young adults leaving home later, they are also more likely to return home - back into the role of a dependent. • Currently 40% of young adults BOOMERANG.

  7. Laptops

  8. Directions found on wiki • Use the mouse to select the slide show projector icon. It is located on the bottom tool bar and looks like this picture. • Next click on this hyperlink, http://www.jumpstart.org/reality-check.html • “Enter “ the challenge and complete the questions it asks you. Calculate the “reality check.” • On your warmupsheet of paper, record • #2 -The recommended amount you would need to earn per hour • #3 - The examples of jobs or careers that can provide that income • #4 - The amount of education you need to obtain that level of income • #5 - On the same sheet, predict what will happen to your income needs when you build a new family in your future. • #6 Finally, list at least one detailed strategy to better control the rising costs of technology in your future. • Turn today’s work in using the red basket.

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