Lesson Plan
The Cost of Your Dream Life
Understand salary requirements for desired lifestyle
In this lesson, students will explore the financial requirements needed to support their desired lifestyle. They will calculate the costs associated with housing, transportation, food, entertainment, and other expenses, and then determine the salary needed to cover these costs. This lesson is important as it helps students develop financial literacy and understand the relationship between income and lifestyle choices.
Audience
Time
Approach
Materials
Step 1
Introduction
10 mins
Step 2
Main Activity: Lifestyle Cost Calculation
35 mins
Step 3
Reflection and Discussion
15 mins
Step 4
Closure
5 mins
Worksheet
Discussion
