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Financial difficulty: Difference between revisions
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(Created page with "{{blc| Financial difficulty }} 1. Managing a Tight Budget Launch: Set up a role-playing activity where students simulate managing a household budget. Provide each group with a fixed monthly income and a list of necessary expenses (e.g., rent, groceries, utilities). Include unexpected costs like car repairs or medical bills, forcing students to prioritize and make trade-offs. Socratic Questions: What strategies did you use to decide which expenses were most import...") |
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{{blc| Financial difficulty }} | {{blc| Financial difficulty }} | ||
=Managing a Tight Budget= | |||
Launch: | Launch: | ||
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=Paying Off Large Debts= | |||
Launch: | Launch: | ||
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How does interest affect the total amount you pay over time? | How does interest affect the total amount you pay over time? | ||
What are the benefits and challenges of paying off debts quickly versus slowly? | What are the benefits and challenges of paying off debts quickly versus slowly? | ||
[[ Activity: “The Debt Payoff Challenge” ]] | |||
3. Making Significant Financial Decisions | 3. Making Significant Financial Decisions | ||
