My Life My Choices
Corrections Edition
My Life My Choices Corrections Edition is a free, 25- to 45-minute budgeting and scenario-based activity of financial priorities and consequences.
Instructions
THE SCENARIO: You are living on your own, you have a full-time job earning about $10 per hour, steady income (or about $1,500 each month after taxes). You have just received your most recent paycheck and now have $1,000 in your account.
YOUR TASK: On the next screen, you will be given a list of 28 items and activities you could spend your monthly budget on. Unfortunately, your paycheck earns you only enough to choose 13 of them.
MATERIALS: It will be helpful, though not necessary, to use the Cash Flow Register available at https://www.moneyfit.org/my-life-my-choices to track your income and expenses throughout this activity. Download the register at https://www.moneyfit.org/s/My-Life-My-Choices-Game-Cash-Flow-Register-Corrections.pdf.
As you go through this activity, you will be presented with real scenarios that will have financial consequences for better or for worse, based upon your choices.
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