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.
Loading...