Planning a Budget

1
Planning a Budget

• Ms. Stahl
• Mr. Kufalk

2
Directions

• Follow the directions on each screen. When
  solving a math problem, make sure to show all
  work on your group worksheet.
• Click here to begin.

3
End of the College Days

• Each partner should roll the dice to reveal their
  future career. You should record both your own
  and your partners information on the group
  worksheet.
• Click on the number you roll
• 1-2 3-4 5-6

4
McDonalds

• You dropped out of college and took a job at
  McDonalds. You now make a yearly wage of 20,000
  dollars. Record this on your group worksheet.
  Click Here to Continue

5
Teacher

• You graduated college in four years with a degree
  in teaching. You now make a yearly wage of
  35,000 dollars. Record this on your group
  worksheet. Click Here to Continue.

6
Doctor

• You graduated from medical school with a degree
  as a general physician. You now make 100,000 a
  year. Record this on your group worksheet. Click
  Here to Continue.

7
Car

• You need a car to travel back and forth to work.
  Click on one of the cars below to move on to the
  next step. You and your partner can choose
  whatever car you want, but you each need one!
• Volkswagon GM Mercedes

8
Mercedes

• You chose to buy a Mercedes. You owe 12,000 a
  year plus 6 interest. Calculate the total
  payment plus interest. Click on the correct
  answer below.
• 12460 12720 12890

9
Mercedes-Wrong

• Your answer is incorrect. Click here to go back
  and try again.

10
General Motors

• You chose to buy a General Motors car. You have
  to pay 6000 per year plus 6 interest.
  Calculate the total payment plus interest for the
  year. Click on the correct answer below.
• 6360 6570 6240

11
GM- Wrong

• Your answer is incorrect. Click here to go back
  and try again.

12
Volkswagon

• You chose to purchase a volkswagon. You have to
  pay 4000 each year. You also have to pay 6
  interest on that amount each year. Find the
  total amount you have to pay each year with
  interest. Click the correct answer to continue .
• 4670 4580 4240

13
Cars Correct

• Your answer is correct. Make sure you record
  your answer on your group worksheet. Click here
  to continue.

14
You need a place to live!

• Your parents said its time to move! You can
  either rent an apartment, buy a shack, or
  purchase a mansion. You and your partner are
  roommates so you need to decide together before
  you move on. BOTH OF YOU NEED TO PICK THE SAME
  ONE!!!
• Rent Shack Mansion

15
Now you need utilities.

• Utilities are what allows you to turn on your
  lights, use curling irons, warm your house, use
  the stove, and heat your water. Deduct the
  amounts from your budget on the group worksheet.
  
• Utilities for the apartment 5,000
• Utilities for the shack 7,000
• Utilities for the mansion 12,000
• Click here to continue

16
Eating Habits

• Do you plan on going out to eat every day of the
  week, three days of the week, or eat at home
  every day. Click one of the choices below to
  continue. YOU AND YOUR PARTNER NEED TO CHOOSE
  THE SAME ONE!!
• Go out to eat everyday
• Go out to eat about three days a week
• Eat at home every day

17
Eating at home everyday

• You have chosen to eat at home every day of the
  week. This choice will cost you about 5460 a
  year. Subtract this amount from your budget.
  Click here to continue.

18
Car Insurance Due!

• Your insurance payment came due on your car. For
  EACH vehicle the amount due is 1276 for the
  year. However due to good grades and excellent
  driving the insurance company has agreed to
  subtract 15 from your premium. Find the new
  total including the discount. Click on the
  correct answer below.
• 1028.40 1084.60 1148.30

19
Car Insurance Due- Correct

• Your answer is correct. Remember to subtract
  this amount from your budget TWICE! One time for
  each car. Click here to continue.

20
You get to make a BIG PURCHASE!

• You have a choice of purchasing a living room
  set, going on a vacation, or buying a new speed
  boat. Click on the choice below. YOU AND YOUR
  PARTNER NEED TO CHOOSE THE SAME ONE!
• Living Room Set
• Vacation
• Speed Boat

21
Speed Boat

• You have chosen to buy a new Speed Boat. The
  boat is going to cost you 30000. You need to
  pay 25 of the total in the first year.
  Calculate how much you need to pay in the first
  year. Click on the correct answer below.
• 7000 7200 7500

22
Speed Boat Correct

• Your answer of 7500 is correct. However you
  need to pay 7.25 sales tax on the 7500.
  Calculate the total payment with the sales tax.
  Click on the correct answer below.
• 7895.05 8043.75 8212.25

23
Speed Boat Tax Wrong

• Your answer is incorrect. Click here to go back
  and try again.

24
Speed Boat Tax Correct

• Your answer is correct. Remember to subtract
  this amount from your budget on the group
  worksheet. Click here to continue.

25
Speed Boat Wrong

• Your answer is incorrect. Click here to go back
  and try again.

26
Living Room Set

• A new living room set will cost you about 6000.
  It is on sale for 15 off. Find the new total of
  the living room set with the discount. Click on
  the correct answer below.
• 5100 5200 5300

27
Living Room Set Correct

• Your answer of 5100 is correct. However you
  need to add 7.25 sales tax. Find the new total
  with the sales tax included. Click on the
  correct answer below.
• 5328.64 5386.80 5469.75

28
Living Room Set Tax Correct

• Your answer is correct. Remember to subtract
  this amount from your budget on the group
  worksheet. Click here to continue.

29
Living Room Set Tax Wrong

• Your answer is incorrect. Click here to go back
  and try again.

30
Living Room Set Wrong

• Your answer is incomplete. Click here to go back
  and try again.

31
Vacation

• You have chosen to go on a Caribbean Cruise. The
  total vacation for you and your partner is 2500.
  However you and your partner have a coupon that
  entitles you to 20 off. Figure out the new
  total cost of the vacation. Click on the correct
  answer below.
• 1500 1800 2000

32
Vacation Correct

• Your answer of 2000 is correct. Now you need to
  add sales tax to your total. The sales tax rate
  is 7.25. Find the new total with sales tax.
  Click on the correct answer below.
• 2067 2145 2168

33
Vacation Tax Correct

• Your answer is correct. Remember to subtract
  this amount from your budget on the group
  worksheet. Click here to continue.

34
Vacation Tax Wrong

• Your answer is incorrect. Click here to go back
  and try again.

35
Vacation-Wrong

• Your answer is incorrect. Click here to go back
  and try again.

36
Car Insurance Due- Wrong

• Your answer is incorrect. Click here to go back
  and try again.

37
Going out to eat three times a week

• You have chosen to go out to eat about three
  times a week. In a year this will cost you about
  7800 in a year. Subtract this amount from your
  budget. Click here to continue.

38
Go out to eat everyday

• You have chosen to out to eat everyday of the
  week. In a years time this will cost you about
  10950 a year. Subtract this amount from your
  budget. Click here to continue.

39
Mansion

• You decided to purchase a mansion! You owe
  35,000 a year. On top of that, you have an
  interest rate of 4.2. Calculate your yearly
  mansion payment with a 4.2 interest rate. Click
  on the correct answer!
• 36,470 36,250 36,580

40
Mansion - Wrong

• Your answer is incorrect. Click here to go back
  and try again.

41
Shack

• You chose to buy a shack. Your yearly payment is
  15000. You have an interest rate of 4.2.
  Calculate the total payment plus interest for the
  year. Click on the correct answer below.
• 15000 15830 15630

42
Shack - Wrong

• Your answer is incorrect. Click here to go back.

43
Rent

• You have chosen to rent an apartment. Your
  yearly rent is 9,642. Calculate how much you
  need to pay each month. Click on the correct
  answer below.
• 678.25 795.50 803.50

44
Living- Correct

• Your answer is correct. Remember to subtract
  this amount from your budget on the group
  worksheet. Click here to continue.

45
Rent- Wrong

• Your answer is incorrect. Click here to go back
  and try again.

46
Volkswagon

• Your answer is incorrect. Click Here to go back.

47
Finish

• Calculate how much money you and your partner
  have left or how much you have overspent. Wait
  patiently for further directions!!!!!