Financial Literacy 20, 30
Course Configurations
Create and evaluate a fictional or confidential personal spending plan.
Indicators for this outcome
| (a) | Create and implement a spending plan based on a fictional scenario or confidential personal plan. |
| (b) | Compare the financial implications of different post-secondary education and training or work options. |
| (c) | Create a spending plan that projects an individual’s income and expenses for a minimum of three to five years following high school. |
| (d) | Discuss the impact of changing circumstances (e.g., moving, employment, unemployment, underemployment, economic conditions and lifestyle choices) on a spending plan. |
| (e) | Discuss reasons why adjustments to income and expenses for a personal spending plan may be necessary. |
| (f) | Modify an existing spending plan to account for changing conditions. |
| (g) | Reflect on the effectiveness of a spending plan and suggest adjustments to achieve changing and evolving goals. |
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