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Life After High School Project

Life After High School Project. Project Overview.

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Life After High School Project

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  1. Life After High School Project

  2. Project Overview This project is about YOU and what it will take to live on your own. This may occur as soon as next year or a few years from now. Your assignment is to choose an occupation, discover what education you need to enter that field, and find out what your cost of living will be during and after high school. To demonstrate what it will take to live within your means, you will be required to keep a balanced monthly checkbook during this project. You must have proof of all of your discoveries.(research). You can research all of this information on the internet, newspapers, books, relatives, and friends.

  3. Occupation • What job would you like to perform and why? • What is the job outlook for this field? • What is the entry level earnings for this job? • How much will your take home pay be after taxes, and FICA?

  4. Occupation (continued) This portion of the project requires proof of discoveries and a half page reflection written in sentence and paragraph form that contains personal information from letters A-D. Internet sites that will help with this part: www.bls.gov http://www.paycheckcity.com/NetPayCalc/netpaycalculator.asp www.salary.com

  5. Eduction/Job Training A. What institution will you attend to receive the training for your chosen occupation? B. What is the cost per year to attend this institution? 1. Tuition 2. Room, board if applicable 3. Books, etc C. How will you pay for this? 1. Savings - provide proof 2. Scholarships - show application forms, amounts, etc. 3. Student loans - will require loan calculator evidence 4. Parents - need to write a note of their contributions and sign it D. If you do not plan to attend school an alternative assignment will be given.

  6. Education/Job Training Cont. This portion of the project requires proof of discoveries and a half page reflection written in sentence and paragraph form that contains personal information from letters A-C. Internet sites that will help with this part are: • Your college website • www.scholarships.com • http://www.finaid.org/calculators/loanpayments.phtml • http://www.fafsa.ed.gov/

  7. Shelter • Where do you plan to live? (Town and State) • Will there be a roommate? • What type of dwelling do you plan to have? 1. Apartment - how much is rent? 2. House - monthly payment? 3. Townhouse - monthly payment and association dues? • What will be your utility costs? 1. Electricity - rent or own? 2. Gas - rent or own? 3. Water/Sewer 4. Cable TV/Internet 5. Cell Phone/Home Phone

  8. Shelter This portion of the project requires proof of discoveries and a half page reflection written in sentence and paragraph form that contains personal information from letters A-D. Internet sites that will help: • www.apartments.com • www.comcast.com • www.qwest.com • Cellphone companies

  9. Automobile A. What type of car will you drive? B. How will you pay for your car? 1. How much will you pay per month? 2. Do you have a trade in? Needs proof 3. What will be your insurance costs? 4. What will be your maintenance costs? (Gas, oil, etc)

  10. Automobile cont. This portion of the project requires proof of discoveries and a half page reflection written in sentence and paragraph form that contains personal information from letters A-B. Internet sites that will help you are: www.cars.com www.kbb.com

  11. Food • Go to a grocery store and obtain prices. • Itemize the prices, add them up, and multiply by 4 for a monthly budget. • Include treats like candy and coffee. • Include times to eat out at restaurants.

  12. Miscellaneous • Household items (paper towels, TP, cleaning supplies, detergents, etc.) • Personal Items (soap, shampoo, toothpaste, deodorant, etc) • Haircuts, tanning, etc D. Find prices from local stores. Itemize…

  13. Entertainment/Clothing Entertainment: • Movies, video games, concerts, etc. • Others? Clothing: A. Monthly budget of clothing? B. What do you spend per year? Divide it by 12.

  14. Checkbook Registry This can be done on Excel or Word or on a copy of a checkbook register Transaction Amount Balance Deposit $2000 $2000 Student Loan -$200 $1800 Rent -$400 $1400 Deposit amount should reflect your net pay from www.paycheckcity.com \

  15. Final Portfolio All evidence and reflections should be contained in a three ring binder

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