Life Transitions 20, 30

(a)	Estimate the potential consumer costs (e.g., utility hook ups, damage deposits) associated with living independently and include them in a budget to assess financial capacity.
(b)	Explore factors that may influence a decision to purchase, rent or lease items (e.g., furniture, vehicles, housing, appliances) needed to live independently.
(c)	Investigate various ways of living (e.g., multi-family/person, community, multi-generational) and related costs in different settings.
(d)	Research the variation in cost of living according to location and living situation (e.g., individual, roommates, family) in order to create a financial plan.
(e)	Explore the concept of debt and its impact on credit score.
(f)	Analyze various types of debts (e.g., government student loans, credit card debt, car loans, mortgages) and determine advantages and disadvantages for each.